Registered Number 06894646

ABSOLUT SECURITY SOLUTIONS UK LIMITED

Abbreviated Accounts

31 May 2016

ABSOLUT SECURITY SOLUTIONS UK LIMITED Registered Number 06894646

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,156 1,115
1,156 1,115
Current assets
Stocks 14,205 5,580
Debtors 31,346 14,402
Cash at bank and in hand 2,916 6,826
48,467 26,808
Creditors: amounts falling due within one year (43,198) (21,703)
Net current assets (liabilities) 5,269 5,105
Total assets less current liabilities 6,425 6,220
Provisions for liabilities (231) (223)
Total net assets (liabilities) 6,194 5,997
Capital and reserves
Called up share capital 90 90
Profit and loss account 6,104 5,907
Shareholders' funds 6,194 5,997
  • 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 16 December 2016

And signed on their behalf by:
Peter Cliffe, Director

ABSOLUT SECURITY SOLUTIONS UK LIMITED Registered Number 06894646

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 represents the total invoice value, excluding value added tax, of sales made in the year and derives from the provision of goods and services falling within the ordinary activities of the company.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:-

Plant and machinery - 20% reducing balance method

2Tangible fixed assets
£
Cost
At 1 June 2015 3,401
Additions 331
Disposals -
Revaluations -
Transfers -
At 31 May 2016 3,732
Depreciation
At 1 June 2015 2,286
Charge for the year 290
On disposals -
At 31 May 2016 2,576
Net book values
At 31 May 2016 1,156
At 31 May 2015 1,115