REGISTERED NUMBER: 03243025 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2016

for

Absolute Zero Air Conditioning Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S J Hurst

SECRETARY:

REGISTERED OFFICE:

EMAIL ONLY

1st Floor Barclays House

Gatehouse Way

Aylesbury

Buckinghamshire

HP19 8DB

REGISTERED NUMBER:

03243025 (England and Wales)

ACCOUNTANTS:

Smiths Chartered Accountants

Unit 114, Boston House

Grove Technology Park

Wantage

Oxon

OX12 9FF

FIXED ASSETS

Tangible assets

2

22,996

13,206

CURRENT ASSETS

Stocks

2,996

2,996

Debtors

77,954

84,775

Cash at bank

89

89

81,039

87,860

CREDITORS

Amounts falling due within one year

55,505

53,325

NET CURRENT ASSETS

25,534

34,535

TOTAL ASSETS LESS CURRENT LIABILITIES

48,530

47,741

CREDITORS

Amounts falling due after more than one year

19,083

10,355

NET ASSETS

29,447

37,386

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

29,445

37,384

SHAREHOLDERS' FUNDS

29,447

37,386

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 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 27 March 2017 and were signed by:

S J Hurst - 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 net invoiced sales of goods, excluding value added tax.

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

-

straight line

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% straight line

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

61,334

Additions

18,183

At 30 June 2016

79,517

DEPRECIATION

At 1 July 2015

48,128

Charge for year

8,393

At 30 June 2016

56,521

NET BOOK VALUE

At 30 June 2016

22,996

At 30 June 2015

13,206

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

1

ORDINARY

£1

2

2