REGISTERED NUMBER: 05741126 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

ABSOLUTE PHOTOGRAPHY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTOR:

J M G Zammit

SECRETARY:

G C Zammit

REGISTERED OFFICE:

977 London Road

Leigh on Sea

Essex

SS9 3LB

REGISTERED NUMBER:

05741126 (England and Wales)

ACCOUNTANTS:

Richmond Gatehouse LLP

977 London Road

Leigh-on-sea

Essex

SS9 3LB

FIXED ASSETS

Tangible assets

4

10,733

3,555

CURRENT ASSETS

Cash in hand

269,784

173,806

CREDITORS

Amounts falling due within one year

5

(61,545

)

(40,088

)

NET CURRENT ASSETS

208,239

133,718

TOTAL ASSETS LESS CURRENT LIABILITIES

218,972

137,273

PROVISIONS FOR LIABILITIES

-

(711

)

NET ASSETS

218,972

136,562

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

7

218,971

136,561

SHAREHOLDERS' FUNDS

218,972

136,562

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 17 December 2017 and were signed by:

J M G Zammit - Director

1.	STATUTORY INFORMATION

Absolute Photography Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal

of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

15,580

Additions

10,547

At 31 March 2017

26,127

DEPRECIATION

At 1 April 2016

12,025

Charge for year

3,369

At 31 March 2017

15,394

NET BOOK VALUE

At 31 March 2017

10,733

At 31 March 2016

3,555

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

29,149

25,645

Other creditors

32,396

14,443

61,545

40,088

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

1

Ordinary

£1

1

1

7.

RESERVES

Retained

earnings

£

At 1 April 2016

136,561

Profit for the year

92,410

Dividends

(10,000

)

At 31 March 2017

218,971

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,000 (2016 - £26,000) were paid to the director .

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and

the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Richmond Gatehouse LLP

977 London Road

Leigh-on-sea

Essex

SS9 3LB

Date: .............................................