Absolute Creative Marketing Limited

Contents
	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 06398553

		2017		2016
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,860		8,464

			6,860		8,464
CURRENT ASSETS
Debtors		44,433		34,208
Cash at bank and in hand		2,919		1,815

		47,352		36,023
Creditors: Amounts Falling Due Within One Year		(41,421 )		(34,464 )

NET CURRENT ASSETS (LIABILITIES)			5,931		1,559

TOTAL ASSETS LESS CURRENT LIABILITIES			12,791		10,023

NET ASSETS			12,791		10,023

CAPITAL AND RESERVES
Called up share capital	6		90		800
Profit and loss account			12,701		9,223

SHAREHOLDERS' FUNDS			12,791		10,023

Page 1

Balance Sheet (continued)

As at 31 March 2017

For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

On behalf of the board

Mr Ian Hooper	Mr Chris Nyland
25/09/2017

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Straight Line
Motor Vehicles	20% Straight Line
Fixtures & Fittings	33% Straight Line
Computer Equipment	33% Straight Line

1.4. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

1.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

3. Average number of employees

Average number of employees, including directors, during the year was as follows:

	2017	2016
Office and administration	7	-

	7	-

Page 3

Absolute Creative Marketing Limited

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

4. Tangible Assets


	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2016	7,510	13,315	957	-	21,782
Additions	-	-	-	2,067	2,067

As at 31 March 2017	7,510	13,315	957	2,067	23,849

Depreciation
As at 1 April 2016	7,510	5,326	482	-	13,318
Provided during the period	-	2,663	319	689	3,671

As at 31 March 2017	7,510	7,989	801	689	16,989

Net Book Value
As at 31 March 2017	-	5,326	156	1,378	6,860

As at 1 April 2016	-	7,989	475	-	8,464

5. Obligations Under Finance Leases and Hire Purchase

	2017	2016
	£	£
The maturity of these amounts is as follows:
Amounts Payable:
Within one year	3,478	7,431

	3,478	7,431

	3,478	7,431

6. Share Capital

	Value	Number	2017	2016
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	90	90	800

7. General Information

Absolute Creative Marketing Limited Registered number 06398553 is a limited by shares company incorporated in England & Wales. The Registered Office is 58 Westgate Street, Gloucester, GL1 2NF.