Abbreviated Company Accounts - ABSOLUTECHIC LIMITED

05818449 ABSOLUTECHIC LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 05818449 2015-06-01 2016-05-31 05818449 2016-05-31 05818449 2015-05-31 05818449 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 05818449 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 05818449

ABSOLUTECHIC LIMITED

Abbreviated Accounts

31 May 2016

ABSOLUTECHIC LIMITED Registered Number 05818449

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Current assets
Stocks		946	924
Debtors		2,083	3,386
Cash at bank and in hand		1,589	1,583
		4,618	5,893
Creditors: amounts falling due within one year		(8,406)	(9,646)
Net current assets (liabilities)		(3,788)	(3,753)
Total assets less current liabilities		(3,788)	(3,753)
Total net assets (liabilities)		(3,788)	(3,753)
Capital and reserves
Called up share capital	2	2	2
Profit and loss account		(3,790)	(3,755)
Shareholders' funds		(3,788)	(3,753)

For the year ending 31 May 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 23 February 2017

And signed on their behalf by:
S Wilson, Director

ABSOLUTECHIC LIMITED Registered Number 05818449

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover is the invoiced value, excluding VAT, for goods and services supplied to third parties.
The director considers the business to be one activity in one geographic market.

Other accounting policies
Going Concern
The financial statements have been prepared on the going concern basis, the validity of which is dependent on the continued support of the director and the creditors.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2