Absolute Assured Security Limited

		2016		2015
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	2		9,262		-

			9,262		-
CURRENT ASSETS
Debtors		17,401		22,079
Cash at bank and in hand		12,326		6,558

		29,727		28,637
Creditors: Amounts Falling Due Within One Year		(21,591 )		(28,200 )

NET CURRENT ASSETS (LIABILITIES)			8,136		437

TOTAL ASSETS LESS CURRENT LIABILITIES			17,398		437

NET ASSETS			17,398		437

CAPITAL AND RESERVES
Called up share capital	3		1		1
Profit and Loss Account			17,397		436

SHAREHOLDERS' FUNDS			17,398		437

Company No. 7300419

Abbreviated Balance Sheet (continued) 30 June 2016

For the year ending 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mr Navin Garg

21 March 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 Financial Reporting Standard for Smaller Entities (effective April 2008).

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% on cost
Motor Vehicles	25% on cost
Computer Equipment	33% on cost

2. Tangible Assets


	Total
Cost	£
As at 1 July 2015	7,677
Additions	12,350
Disposals	(4,550 )

As at 30 June 2016	15,477

Depreciation
As at 1 July 2015	7,677
Provided during the period	3,088
Disposals	(4,550 )

As at 30 June 2016	6,215

Net Book Value
As at 30 June 2016	9,262

As at 1 July 2015	-

Page 2

Absolute Assured Security Limited

Notes to the Abbreviated Accounts (continued)

For The Year Ended 30 June 2016

3. Share Capital

	Value	Number	2016	2015
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	1	1	1

4. Ultimate Controlling Party

The company's ultimate controlling party is Mr Navin Garg by virtue of his ownership of 100% of the issued share capital in the company.