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REGISTERED NUMBER: 06431100















Unaudited Financial Statements for the Year Ended 31 August 2017

for

ABSA Ltd

ABSA Ltd (Registered number: 06431100)

Contents of the Financial Statements
for the Year Ended 31 August 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ABSA Ltd

Company Information
for the Year Ended 31 August 2017







DIRECTOR: Mrs N Manroe





SECRETARY: Mrs N Manroe





REGISTERED OFFICE: Hallam House
Appt 3
1 Hallam Fields Road
Birstall
Leics
LE4 3LH





REGISTERED NUMBER: 06431100





ACCOUNTANTS: Ripplewave Ltd
Chartered Certified Accountants
Temple Chambers
16A Belvoir Road
Coalville
Leics
LE67 3QE

ABSA Ltd (Registered number: 06431100)

Balance Sheet
31 August 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,105 10,105

CURRENT ASSETS
Stocks 1,000 1,000

CREDITORS
Amounts falling due within one
year

5

24,641

24,641
NET CURRENT LIABILITIES (23,641 ) (23,641 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(13,536

)

(13,536

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (13,537 ) (13,537 )
SHAREHOLDERS' FUNDS (13,536 ) (13,536 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 30 May 2018 and were signed by:



Mrs N Manroe - Director


ABSA Ltd (Registered number: 06431100)

Notes to the Financial Statements
for the Year Ended 31 August 2017


1. STATUTORY INFORMATION

ABSA Ltd is a private company, limited by shares , registered in Not specified/Other. 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 & machinery 15% 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.

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.

ABSA Ltd (Registered number: 06431100)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2017


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 September 2016
and 31 August 2017 23,307
DEPRECIATION
At 1 September 2016
and 31 August 2017 13,202
NET BOOK VALUE
At 31 August 2017 10,105
At 31 August 2016 10,105

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts 8,559 8,559
Other creditors 16,082 16,082
24,641 24,641