REGISTERED NUMBER: 07348433 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2016

for

Absolutely Spotless (West Midlands)

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

T Merritt

REGISTERED OFFICE:

2A Castle Terrace

Bridgnorth

Shropshire

REGISTERED NUMBER:

07348433 (England and Wales)

ACCOUNTANTS:

CLG Accountants & Business Advisors

Office 36

Bridge House, Severn Bridge

Riverside North

Bewdley

Worcestershire

DY12 1AB

FIXED ASSETS

Tangible assets

2

19,469

21,473

CURRENT ASSETS

Stocks

445

320

Debtors

336

250

Cash at bank

641

8

1,422

578

CREDITORS

Amounts falling due within one year

8,009

4,555

NET CURRENT LIABILITIES

(6,587

)

(3,977

)

TOTAL ASSETS LESS CURRENT LIABILITIES

12,882

17,496

CREDITORS

Amounts falling due after more than one year

7,872

10,919

NET ASSETS

5,010

6,577

CAPITAL AND RESERVES

Called up share capital

3

200

200

Share premium

6,500

6,500

Profit and loss account

(1,690

)

(123

)

SHAREHOLDERS' FUNDS

5,010

6,577

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 22 February 2017 and were signed by:

T Merritt - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The Accounts have been prepared on a going concern basis as the Directors believe that

the Company will return to profitability in 2017 and have committed to support it financially

during the intervening period.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the

balance sheet. Those held under hire purchase contracts are depreciated over their

estimated useful lives. Those held under finance leases are depreciated over their

estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the

relevant period. The capital element of the future payments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

30,716

Additions

555

At 31 August 2016

31,271

DEPRECIATION

At 1 September 2015

9,243

Charge for year

2,559

At 31 August 2016

11,802

NET BOOK VALUE

At 31 August 2016

19,469

At 31 August 2015

21,473

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

£

200

Ordinary

£1.00

200

200