REGISTERED NUMBER: 05567137 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 October 2011 to 2 March 2013

for

Absolute Escape Properties Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

T McD Kerr

SECRETARY:

The Stone Butchery Ltd

REGISTERED OFFICE:

The Old Butchery

High Street

Twyford

Winchester

Hampshire

SO21 1NH

REGISTERED NUMBER:

05567137 (England and Wales)

ACCOUNTANTS:

Rothman Accountancy Services Limited

The Old Butchery

High Street

Twyford

Hampshire

SO21 INH

FIXED ASSETS

Tangible assets

2

-

994

CURRENT ASSETS

Stocks

-

170,000

Debtors

-

35

Cash in hand

1

1,814

1

171,849

CREDITORS

Amounts falling due within one year

-

300,969

NET CURRENT ASSETS/(LIABILITIES)

1

(129,120

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1

(128,126

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

-

(128,127

)

SHAREHOLDERS' FUNDS

1

(128,126

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 2 March 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 2 March 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 8 March 2013 and were signed by:

T McD Kerr - 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 April 2008).

The company was dormant throughout the period ended 2 March 2013. However, reference to information

relating to the year ended 30 September 2011 has been made where appropriate.

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 etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

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 2011

1,892

Disposals

(1,892

)

At 2 March 2013

-

DEPRECIATION

At 1 October 2011

898

Eliminated on disposal

(898

)

At 2 March 2013

-

NET BOOK VALUE

At 2 March 2013

-

At 30 September 2011

994

3.	CALLED UP SHARE CAPITAL

Allotted

and

issued:

Number:

Class:

Nominal

2.3.13

30.9.11

value:

£

£

1

Share capital 1

£1

1

1