Absolute Care Services Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04574534 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2016

for

Absolute Care Services Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs D J Smith

R Smith

SECRETARY:

R Smith

REGISTERED OFFICE:

Courtyard House

45a Church Street

Epsom

Surrey

KT17 4PW

REGISTERED NUMBER:

04574534 (England and Wales)

ACCOUNTANTS:

Freshwater Associates Limited

99 Westmead Road

Sutton

Surrey

SM1 4HX

FIXED ASSETS

Tangible assets

2

23,283

9,366

CURRENT ASSETS

Debtors

553,496

434,997

Cash at bank

23,649

-

577,145

434,997

CREDITORS

Amounts falling due within one year

430,623

423,310

NET CURRENT ASSETS

146,522

11,687

TOTAL ASSETS LESS CURRENT
LIABILITIES

169,805

21,053

PROVISIONS FOR LIABILITIES

2,617

1,656

NET ASSETS

167,188

19,397

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

167,088

19,297

SHAREHOLDERS' FUNDS

167,188

19,397

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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.

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 Board of Directors on 12 June 2017 and were signed on its behalf by:

R Smith - Director

Mrs D J Smith - Director

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 the value of services provided under contracts to the extent that there is a right to

consideration and is recorded at the value of the consideration due.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

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 the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

42,611

Additions

21,677

At 30 September 2016

64,288

DEPRECIATION

At 1 October 2015

33,245

Charge for year

7,760

At 30 September 2016

41,005

NET BOOK VALUE

At 30 September 2016

23,283

At 30 September 2015

9,366

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2016 and

30 September 2015:

2016

2015

£

Mrs D J Smith

Balance outstanding at start of year

31,850

31,250

Amounts advanced

-

600

Amounts repaid

(33,198

)

-

Balance outstanding at end of year

(1,348

)

31,850