Registered Number 03577726

ABSOLUTE BATHROOMS LIMITED

Abbreviated Accounts

31 August 2016

ABSOLUTE BATHROOMS LIMITED Registered Number 03577726

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 134,818 144,937
134,818 144,937
Current assets
Stocks 16,750 17,750
Cash at bank and in hand 82,879 81,562
99,629 99,312
Prepayments and accrued income 750 1,125
Creditors: amounts falling due within one year (201,892) (207,735)
Net current assets (liabilities) (101,513) (107,298)
Total assets less current liabilities 33,305 37,639
Creditors: amounts falling due after more than one year (21,728) (23,402)
Total net assets (liabilities) 11,577 14,237
Capital and reserves
Called up share capital 10 10
Profit and loss account 11,567 14,227
Shareholders' funds 11,577 14,237
  • For the year ending 31 August 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 27 May 2017

And signed on their behalf by:
R J Shannon, Director

ABSOLUTE BATHROOMS LIMITED Registered Number 03577726

Notes to the Abbreviated Accounts for the period ended 31 August 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 April 2008.

Turnover policy
Sales represent the total invoice value( excluding value added tax) of goods and services sold during the year

Tangible assets depreciation policy
Plant & Machinery 5 to 15% net book value
Fixtures & Fittings 25% net book value

2Tangible fixed assets
£
Cost
At 1 September 2015 359,198
Additions 12,500
Disposals (2,000)
Revaluations -
Transfers -
At 31 August 2016 369,698
Depreciation
At 1 September 2015 214,261
Charge for the year 21,119
On disposals (500)
At 31 August 2016 234,880
Net book values
At 31 August 2016 134,818
At 31 August 2015 144,937