REGISTERED NUMBER: 06521734 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

ABSOLUTE CONSTRUCTION & MAINTENANCE

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Evans

REGISTERED OFFICE:

7 Cattlegate Road

Northaw

Potters Bar

Hertfordshire

EN6 4DL

REGISTERED NUMBER:

06521734 (England and Wales)

ACCOUNTANTS:

N C Graves & Co

19 Oak Grove

Hertford

Hertfordshire

SG13 8AT

BANKERS:

Lloyds TSB plc

Silver Street

Enfield

Middlesex

EN1 2LY

FIXED ASSETS

Tangible assets

4

5,273

7,030

CURRENT ASSETS

Debtors

5

34,209

20,230

Cash at bank

3,500

1

37,709

20,231

CREDITORS

Amounts falling due within one year

6

41,612

37,899

NET CURRENT LIABILITIES

(3,903

)

(17,668

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,370

(10,638

)

PROVISIONS FOR LIABILITIES

951

1,279

NET ASSETS/(LIABILITIES)

419

(11,917

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

319

(12,017

)

SHAREHOLDERS' FUNDS

419

(11,917

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 15 December 2017 and were signed by:

M Evans - Director

1.	STATUTORY INFORMATION

Absolute Construction & Maintenance Limited is a private company, limited by shares , registered in England

and Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

17,433

DEPRECIATION

At 1 April 2016

10,403

Charge for year

1,757

At 31 March 2017

12,160

NET BOOK VALUE

At 31 March 2017

5,273

At 31 March 2016

7,030

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

32,376

-

Other debtors

1,833

20,230

34,209

20,230

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Bank loans and overdrafts

6,693

8,364

Trade creditors

1,411

-

Taxation and social security

16,158

27,654

Other creditors

17,350

1,881

41,612

37,899

7.	ULTIMATE CONTROLLING PARTY

The controlling party is M Evans.