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062695312015-06-012016-05-31falsetruehttp://www.companieshouse.gov.uk/2015-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-05-31http://www.companieshouse.gov.uk/cd:Director12015-06-012016-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2016-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2015-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2016-05-31http://www.companieshouse.gov.uk/pt:FixturesFittings2015-05-31http://www.companieshouse.gov.uk/pt:FixturesFittings2016-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-06-012016-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2016-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-06-012016-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22015-06-012016-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2015-06-012016-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22016-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-05-31http://www.companieshouse.gov.uk/pt:FixturesFittings2015-06-012016-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22015-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-06-012016-05-31http://www.companieshouse.gov.uk/2014-06-012015-05-31http://www.companieshouse.gov.uk/2015-06-012016-05-31http://www.companieshouse.gov.uk/2015-05-31http://www.companieshouse.gov.uk/2016-05-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-06-012016-05-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 06269531






Absolute Signage Solutions Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31/05/2016
























Prepared By:
Montague Kaye
82 Reddish Road
Reddish
Stockport
SK5 7QU


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31/05/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 06269531


Registered Number: 06269531

BALANCE SHEET AT 31/05/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		43,800		54,100

CURRENT ASSETS
Stock		45,000		53,000
Debtors (amounts falling due within one year)	3	44,978		82,641
		89,978		135,641
CREDITORS: Amounts falling due within one year		116,394		163,581
NET CURRENT LIABILITIES			(26,416)		(27,940)
TOTAL ASSETS LESS CURRENT LIABILITIES			17,384		26,160


CREDITORS: Amounts falling due after more than one year	4		17,016		26,235

NET ASSETS / (LIABILITIES)			368		(75)

CAPITAL AND RESERVES

Called up share capital	5		2		2
Profit and loss account			366		(77)
SHAREHOLDERS' FUNDS			368		(75)

For the year ending 31/05/2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board on 27/01/2017 and signed on their behalf by




Mr N Shaw
Director




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 20%
Commercial Vehicles		reducing balance 25%
Fixtures and Fittings		reducing balance 15%
Equipment		reducing balance 33%




2. TANGIBLE FIXED ASSETS

	Plant and	Commercial	Fixtures
	Machinery	Vehicles	and Fittings	Equipment	Total
	£	£	£	£	£
Cost
At 01/06/2015	85,184	14,500	2,510	4,140	106,334
Additions	-	-	-	896	896
At 31/05/2016	85,184	14,500	2,510	5,036	107,230
Depreciation
At 01/06/2015	37,582	9,912	1,406	3,334	52,234
For the year	9,520	1,147	166	363	11,196
At 31/05/2016	47,102	11,059	1,572	3,697	63,430
Net Book Amounts
At 31/05/2016	38,082	3,441	938	1,339	43,800
At 31/05/2015	47,602	4,588	1,104	806	54,100




1a. Basis Of Accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effectiveJanuary 2015).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.




1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1f. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.




1g. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
Trade debtors	27,158	61,591
Other debtors	17,820	21,050
	44,978	82,641




4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2016	2015
	£	£
Other creditors	17,016	26,235
	17,016	26,235


Included in other creditors are:
Obligations under hire purchase	17,016	26,235




5. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
1 Ordinary "A" shares of £1 each	1	1
1 Ordinary "B" shares of £1 each	1	1
	2	2