Abbreviated Company Accounts - ABSOLUT MIND LTD

06489555 ABSOLUT MIND LTD 2013-01-31 false 2012-02-01 2013-01-31 true 06489555 2012-02-01 2013-01-31 06489555 2013-01-31 06489555 2012-01-31 06489555 uk-gaap-cd-bus:Director1 2012-02-01 2013-01-31 06489555 uk-gaap-cd-bus:Director2 2012-02-01 2013-01-31 uk-gaap-cd-bus:Director3 2012-02-01 2013-01-31 uk-gaap-cd-bus:Director3 2013-01-31 uk-gaap-cd-bus:Director3 2012-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-02-01 2013-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-01-31 iso4217:GBP shares

Registered Number 06489555

ABSOLUT MIND LTD

Abbreviated Accounts

31 January 2013

ABSOLUT MIND LTD Registered Number 06489555

Abbreviated Balance Sheet as at 31 January 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	143	191
		143	191
Current assets
Stocks		2,126	13,563
Debtors		19,460	32,628
Investments		11,468	4,897
		33,054	51,088
Creditors: amounts falling due within one year		(57,238)	(43,396)
Net current assets (liabilities)		(24,184)	7,692
Total assets less current liabilities		(24,041)	7,883
Total net assets (liabilities)		(24,041)	7,883
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(24,042)	7,882
Shareholders' funds		(24,041)	7,883

For the year ending 31 January 2013 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 31 October 2013

And signed on their behalf by:
Pascal Wouters, Director

ABSOLUT MIND LTD Registered Number 06489555

Notes to the Abbreviated Accounts for the period ended 31 January 2013

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 April 2008.

Turnover policy
Turnover represents the total invoice value of service provided during the period.

Other accounting policies
Work in progress is valued at the lower of cost and net realisable value

2Tangible fixed assets

	£
Cost
At 1 February 2012	606
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2013	606
Depreciation
At 1 February 2012	415
Charge for the year	48
On disposals	-
At 31 January 2013	463
Net book values
At 31 January 2013	143
At 31 January 2012	191

Depreciation is charged at 25%Reducing Balance Method on Fixtures, Fittings & Equipment

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
1 A Ordinary shares of £1 each	1	1

4Transactions with directors

Name of director receiving advance or credit:	Pascal Wouters
Description of the transaction:	Money introduced to the company
Balance at 1 February 2012:	£ 31,868
Advances or credits made:	£ 9,116
Advances or credits repaid:	£ 0
Balance at 31 January 2013:	£ 40,984

Included in the Creditors: amounts falling due within one year, £40,984 is outstanding to the director.