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Company Registration No. 06924448 (England and Wales)
Absolute Retail Events Solutions Ltd Abbreviated unaudited accounts for the year ended 31 July 2016
Absolute Retail Events Solutions Ltd Abbreviated Balance Sheet as at 31 July 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,854 
8,537 
Current assets
Debtors
35,970 
10,963 
Cash at bank and in hand
10,631 
21,563 
46,601 
32,526 
Creditors: amounts falling due within one year
(39,629)
(21,532)
Net current assets
6,972 
10,994 
Net assets
13,826 
19,531 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
12,826 
18,531 
Total shareholders' funds
13,826 
19,531 
For the year ending 31 July 2016 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 8 March 2017
J.M. Wakeling Director Company Registration No. 06924448
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Absolute Retail Events Solutions Ltd Notes to the Abbreviated Accounts for the year ended 31 July 2016
1
Accounting policies
Basis of preparation
The accounts 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 the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25
Motor vehicles
25
2
Tangible fixed assets
£ 
Cost
At 1 August 2015
20,284 
Additions
603 
At 31 July 2016
20,887 
Depreciation
At 1 August 2015
11,747 
Charge for the year
2,286 
At 31 July 2016
14,033 
Net book value
At 31 July 2016
6,854 
At 31 July 2015
8,537 
3
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
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