Abbreviated Company Accounts - ABSOLUTE DOORS & SHUTTERS LIMITED

05547525 ABSOLUTE DOORS & SHUTTERS LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 05547525 2015-09-01 2016-08-31 05547525 2016-08-31 05547525 2015-08-31 05547525 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 05547525 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 iso4217:GBP shares

Registered Number 05547525

ABSOLUTE DOORS & SHUTTERS LIMITED

Abbreviated Accounts

31 August 2016

ABSOLUTE DOORS & SHUTTERS LIMITED Registered Number 05547525

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,653	1,984
		1,653	1,984
Current assets
Stocks		332	377
Cash at bank and in hand		343	3,889
		675	4,266
Creditors: amounts falling due within one year		(3,280)	(6,211)
Net current assets (liabilities)		(2,605)	(1,945)
Total assets less current liabilities		(952)	39
Total net assets (liabilities)		(952)	39
Capital and reserves
Called up share capital		1	1
Profit and loss account		(953)	38
Shareholders' funds		(952)	39

For the year ending 31 August 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 24 May 2017

And signed on their behalf by:
Mr Frank Grassi, Director

ABSOLUTE DOORS & SHUTTERS LIMITED Registered Number 05547525

Notes to the Abbreviated Accounts for the period ended 31 August 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 amounts chargeable in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Plant & Machinery at 15% on reducing balance and Motor Vehicles at 25% on reducing balance.

2Tangible fixed assets

	£
Cost
At 1 September 2015	12,436
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	12,436
Depreciation
At 1 September 2015	10,452
Charge for the year	331
On disposals	-
At 31 August 2016	10,783
Net book values
At 31 August 2016	1,653
At 31 August 2015	1,984