REGISTERED NUMBER: |
Absolute Contract Solutions Ltd |
Abbreviated Unaudited Accounts |
for the Year Ended 31 December 2012 |
REGISTERED NUMBER: |
Absolute Contract Solutions Ltd |
Abbreviated Unaudited Accounts |
for the Year Ended 31 December 2012 |
Absolute Contract Solutions Ltd (Registered number: 07123866) |
Contents of the Abbreviated Accounts |
for the year ended 31 December 2012 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 | to | 3 |
Notes to the Abbreviated Accounts | 4 | to | 5 |
Absolute Contract Solutions Ltd |
Company Information |
for the year ended 31 December 2012 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Absolute Contract Solutions Ltd (Registered number: 07123866) |
Abbreviated Balance Sheet |
31 December 2012 |
31.12.12 | 31.12.11 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Absolute Contract Solutions Ltd (Registered number: 07123866) |
Abbreviated Balance Sheet - continued |
31 December 2012 |
The financial statements were approved by the director on |
Absolute Contract Solutions Ltd (Registered number: 07123866) |
Notes to the Abbreviated Accounts |
for the year ended 31 December 2012 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance |
with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
Goodwill |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
Going concern basis of accounting |
The accounts have been prepared on the assumption that the company is able to carry on business as a |
going concern, which the directors consider appropriate having regard to the circumstances outlined |
in a note to the accounts. |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2012 |
and 31 December 2012 |
AMORTISATION |
At 1 January 2012 |
Amortisation for year |
At 31 December 2012 |
NET BOOK VALUE |
At 31 December 2012 |
At 31 December 2011 |
Absolute Contract Solutions Ltd (Registered number: 07123866) |
Notes to the Abbreviated Accounts - continued |
for the year ended 31 December 2012 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2012 |
and 31 December 2012 |
DEPRECIATION |
At 1 January 2012 |
Charge for year |
At 31 December 2012 |
NET BOOK VALUE |
At 31 December 2012 |
At 31 December 2011 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.12 | 31.12.11 |
value: | £ | £ |
Ordinary | 1 |
5. | GOING CONCERN |
The director will continue to support the company and as a result the director has adopted the going |
concern basis of accounting. |