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REGISTERED NUMBER: SC351815 (Scotland)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH NOVEMBER 2016

FOR

ABSOLUTE ASSET MANAGEMENT
LIMITED

ABSOLUTE ASSET MANAGEMENT
LIMITED (REGISTERED NUMBER: SC351815)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30TH NOVEMBER 2016




Page

Company Information 1

Report of the Accountants 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 5

ABSOLUTE ASSET MANAGEMENT
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2016







DIRECTOR: Mr M Heaney



SECRETARY: Mr M Heaney



REGISTERED OFFICE: 17 Emerson Road
Bishopbriggs
Glasgow
Lanarkshire
G64 1QE



REGISTERED NUMBER: SC351815 (Scotland)



ACCOUNTANTS: Atkinson & Co Limited
Chartered Accountants
Victoria House
87 High Street
Tillicoultry
Clackmannanshire
FK13 6AA



BANKERS: Royal Bank of Scotland
129 Kirkintilloch Road
Bishopbriggs
Glasgow
G64 2LR

ABSOLUTE ASSET MANAGEMENT
LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
ABSOLUTE ASSET MANAGEMENT
LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages
three to five) have been prepared.

In accordance with our terms of engagement, and in order to assist you to fulfil your duties under the
Companies Act 2006, we have prepared the financial statements of the company on pages 4 to 8 from the
accounting records and information and explanations supplied to us.

This report is made to the Company's Director, in accordance with the terms of our engagement. Our work has
been undertaken to enable us to prepare the financial statements on behalf of the Company's Director and for
no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone
other than the Company and the Company's Director, for our work or for this report.

We have carried out this engagement in accordance with best practice guidance issued by the Institute of
Chartered Accountants of Scotland and have complied with the ethical guidance laid down by the Institute
relating to members undertaking the preparation of financial statements.

You have acknowledged on the balance sheet as at 30 November 2016 your duty to ensure that the company
has kept adequate accounting records and to prepare financial statements that give a true and fair view under
the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit
for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not
verified the accuracy or completeness of the accounting records or information and explanations you have
given to us and we do not, therefore, express any opinion on the financial statements.






Atkinson & Co Limited
Chartered Accountants
Victoria House
87 High Street
Tillicoultry
Clackmannanshire
FK13 6AA


17th August 2017

ABSOLUTE ASSET MANAGEMENT
LIMITED (REGISTERED NUMBER: SC351815)

ABBREVIATED BALANCE SHEET
30TH NOVEMBER 2016

2016 2015
Notes £    £   
CURRENT ASSETS
Debtors - 5,293
Cash at bank 89,112 80,820
89,112 86,113
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

(85,522

)

(31,396

)
NET CURRENT ASSETS 3,590 54,717
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,590

54,717

CREDITORS: AMOUNTS FALLING
DUE AFTER MORE THAN ONE YEAR

-

(54,687

)
NET ASSETS 3,590 30

CAPITAL AND RESERVES
Called up share capital 2 1 1
Profit and loss account 3,589 29
SHAREHOLDERS' FUNDS 3,590 30

ABSOLUTE ASSET MANAGEMENT
LIMITED (REGISTERED NUMBER: SC351815)

ABBREVIATED BALANCE SHEET - continued
30TH NOVEMBER 2016


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


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





Mr M Heaney - Director


ABSOLUTE ASSET MANAGEMENT
LIMITED (REGISTERED NUMBER: SC351815)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30TH NOVEMBER 2016

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 January 2015).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

The turnover shown in the profit and loss account is recognised as services are provided. Cash received
or invoices raised in advance are taken to deferred income and recognised as turnover as the service is
provided.

2. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
1 Ordinary £1 1 1