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REGISTERED NUMBER: 05972554 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

ABSOLUTE BUILDING LIMITED

ABSOLUTE BUILDING LIMITED (REGISTERED NUMBER: 05972554)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ABSOLUTE BUILDING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTORS: Mr J Kudlata
Mr B MacLean





SECRETARY: Mr J Kudlata





REGISTERED OFFICE: 2 Mountside
Stanmore
Middlesex
HA7 2DT





BUSINESS ADDRESS: 30 Grangewood
Potters Bar
Hertfordshire
EN6 1SL





REGISTERED NUMBER: 05972554 (England and Wales)





ACCOUNTANTS: Mountsides Limited
Chartered Accountants
2 Mountside
Stanmore
Middlesex
HA7 2DT

ABSOLUTE BUILDING LIMITED (REGISTERED NUMBER: 05972554)

ABRIDGED BALANCE SHEET
31 MARCH 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 25,216 33,266

CURRENT ASSETS
Debtors 601,190 123,692
Cash at bank and in hand 12,316 135,855
613,506 259,547
CREDITORS
Amounts falling due within one year 583,448 195,379
NET CURRENT ASSETS 30,058 64,168
TOTAL ASSETS LESS CURRENT
LIABILITIES

55,274

97,434

PROVISIONS FOR LIABILITIES 5,043 6,653
NET ASSETS 50,231 90,781

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 50,131 90,681
SHAREHOLDERS' FUNDS 50,231 90,781

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 directors acknowledge their 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 BUILDING LIMITED (REGISTERED NUMBER: 05972554)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2017


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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors on 20 December 2017 and were signed on its behalf by:




Mr B MacLean - Director



Mr J Kudlata - Director


ABSOLUTE BUILDING LIMITED (REGISTERED NUMBER: 05972554)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017


1. STATUTORY INFORMATION

Absolute Building 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with Financial
Reporting Standard 102 Section 1A "Small Entities". The date of transition is 1 April 2015.

The policies applied under the company's previous accounting framework are not materially different from Financial
Reporting Standard 102 Section 1A "Small Entities" and have not impacted on equity or profit or loss.

Turnover
Turnover represents amounts invoiced for building and contracting services supplied during the year, net of value added
tax.

Turnover has also been recognised in respect of on-going services, with the value of work completed but unbilled at the
balance sheet date being taken to turnover and the associated costs, where not invoiced at that date, being accrued for.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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.


ABSOLUTE BUILDING LIMITED (REGISTERED NUMBER: 05972554)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017


3. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are
charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2016 - 3 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2016 79,964
Additions 2,142
At 31 March 2017 82,106
DEPRECIATION
At 1 April 2016 46,698
Charge for year 10,192
At 31 March 2017 56,890
NET BOOK VALUE
At 31 March 2017 25,216
At 31 March 2016 33,266

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
100 Ordinary £1.00 100 100