Registered Number 07287889

ABZORBED ENTERTAINMENT LIMITED

Abbreviated Accounts

30 June 2016

ABZORBED ENTERTAINMENT LIMITED Registered Number 07287889

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 3 12,606 12,312
12,606 12,312
Current assets
Debtors 2,865 3,349
Cash at bank and in hand 5,010 6,688
7,875 10,037
Creditors: amounts falling due within one year (31,716) (27,668)
Net current assets (liabilities) (23,841) (17,631)
Total assets less current liabilities (11,235) (5,319)
Total net assets (liabilities) (11,235) (5,319)
Reserves
Income and expenditure account (11,235) (5,319)
Members' funds (11,235) (5,319)
  • For the year ending 30 June 2016 the company was entitled to exemption 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.

Approved by the Board on 29 March 2017

And signed on their behalf by:
Mr U Shah, Director

ABZORBED ENTERTAINMENT LIMITED Registered Number 07287889

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant & Machinery 15% reducing balance basis
Motor vehicles 25% reducing balance basis

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets
£
Cost
At 1 July 2015 25,944
Additions 2,957
Disposals -
Revaluations -
Transfers -
At 30 June 2016 28,901
Depreciation
At 1 July 2015 13,632
Charge for the year 2,663
On disposals -
At 30 June 2016 16,295
Net book values
At 30 June 2016 12,606
At 30 June 2015 12,312