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REGISTERED NUMBER: 07090714 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

ABSOLUTE DELIVERIES LIMITED

ABSOLUTE DELIVERIES LIMITED (REGISTERED NUMBER: 07090714)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ABSOLUTE DELIVERIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: P Jay
Mrs S Jay





REGISTERED OFFICE: First Floor
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG





REGISTERED NUMBER: 07090714 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Chartered Accountants
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

ABSOLUTE DELIVERIES LIMITED (REGISTERED NUMBER: 07090714)

BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,310 29,978

CURRENT ASSETS
Debtors 5 84,416 67,009
Cash at bank 37,150 50,588
121,566 117,597
CREDITORS
Amounts falling due within one year 6 100,133 97,668
NET CURRENT ASSETS 21,433 19,929
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,743

49,907

CREDITORS
Amounts falling due after more than
one year

7

10,280

16,088
NET ASSETS 33,463 33,819

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 33,461 33,817
SHAREHOLDERS' FUNDS 33,463 33,819

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ABSOLUTE DELIVERIES LIMITED (REGISTERED NUMBER: 07090714)

BALANCE SHEET - continued
31 MARCH 2018


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 25 July 2018 and were
signed on its behalf by:





Mrs S Jay - Director


ABSOLUTE DELIVERIES LIMITED (REGISTERED NUMBER: 07090714)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018


1. STATUTORY INFORMATION

Absolute Deliveries 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Office equipment - 25% on cost
Motor vehicles - 25% on cost

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.

ABSOLUTE DELIVERIES LIMITED (REGISTERED NUMBER: 07090714)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


2. ACCOUNTING POLICIES - continued

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 profit or loss over the relevant period.
The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over
the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company has cash resources and has no requirement for external funding. The
directors have a reasonable expectation that the company has adequate resources to
continue in operational existence for the foreseeable future. They continue to believe the
going concern basis of accounting appropriate in preparing the annual financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2017 - 17 ) .

4. TANGIBLE FIXED ASSETS
Office Motor
equipment vehicles Totals
£    £    £   
COST
At 1 April 2017 6,790 52,937 59,727
Additions 2,773 - 2,773
Disposals - (8,550 ) (8,550 )
At 31 March 2018 9,563 44,387 53,950
DEPRECIATION
At 1 April 2017 4,216 25,533 29,749
Charge for year 1,843 8,598 10,441
Eliminated on disposal - (8,550 ) (8,550 )
At 31 March 2018 6,059 25,581 31,640
NET BOOK VALUE
At 31 March 2018 3,504 18,806 22,310
At 31 March 2017 2,574 27,404 29,978

ABSOLUTE DELIVERIES LIMITED (REGISTERED NUMBER: 07090714)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as
follows:
Motor
vehicles
£   
COST
At 1 April 2017
and 31 March 2018 34,392
DEPRECIATION
At 1 April 2017
and 31 March 2018 6,988
NET BOOK VALUE
At 31 March 2018 27,404
At 31 March 2017 27,404

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 78,342 62,430
Deferred tax asset 2,406 1,829
Prepayments 3,668 2,750
84,416 67,009

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Hire purchase contracts (see note
8)

5,808

7,677
Trade creditors 4,811 3,522
Taxation and social security 26,243 29,499
Other creditors 63,271 56,970
100,133 97,668

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2018 2017
£    £   
Hire purchase contracts (see note
8)

10,280

16,088

ABSOLUTE DELIVERIES LIMITED (REGISTERED NUMBER: 07090714)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase
contracts
2018 2017
£    £   
Net obligations repayable:
Within one year 5,808 7,677
Between one and five years 10,280 16,088
16,088 23,765

Non-cancellable
operating leases
2018 2017
£    £   
Within one year 4,013 -

9. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Hire purchase contracts 16,088 23,765