Registered Number 06880989

ABSOLUTE HERBS LTD

Abbreviated Accounts

31 March 2016

ABSOLUTE HERBS LTD Registered Number 06880989

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 694 868
694 868
Current assets
Stocks 2,500 2,500
Debtors 3 1,307 1,562
Cash at bank and in hand 4,699 3,158
8,506 7,220
Creditors: amounts falling due within one year 4 (4,690) (5,651)
Net current assets (liabilities) 3,816 1,569
Total assets less current liabilities 4,510 2,437
Total net assets (liabilities) 4,510 2,437
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 3,510 1,437
Shareholders' funds 4,510 2,437
  • For the year ending 31 March 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 3 June 2016

And signed on their behalf by:
Yang Liu, Director

ABSOLUTE HERBS LTD Registered Number 06880989

Notes to the Abbreviated Accounts for the period ended 31 March 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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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

2Tangible fixed assets
£
Cost
At 1 April 2015 868
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 868
Depreciation
At 1 April 2015 -
Charge for the year 174
On disposals -
At 31 March 2016 174
Net book values
At 31 March 2016 694
At 31 March 2015 868
3Debtors
2016
£		 2015
£
Debtors include the following amounts due after more than one year 1,307 1,562
4Creditors
2016
£		 2015
£
Secured Debts 4,690 1,569