Registered number
06166659
Absolute Return Consulting Limited
Abbreviated Accounts
31 March 2013
Absolute Return Consulting Limited
Registered number: 06166659
Abbreviated Balance Sheet
as at 31 March 2013
Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 - 286
Current assets
Debtors 60,256 229,277
Investments held as current assets - 9,975
Cash at bank and in hand 65,496 102,462
125,752 341,714
Creditors: amounts falling due within one year 195,813 (69,946)
Net current assets 321,565 271,768
Net assets 321,565 272,054
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 321,564 272,053
Shareholder's funds 321,565 272,054
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
P Beckhouse
Director
Approved by the board on 16 October 2013
Absolute Return Consulting Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2013
1 Accounting policies
Basis of preparation
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
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.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Computer Equipment 25% reducing balance
Motor vehicles 25% straight line
2 Tangible fixed assets £
Cost
At 1 April 2012 680
Disposals (680)
At 31 March 2013 -
Depreciation
At 1 April 2012 394
On disposals (394)
At 31 March 2013 -
Net book value
At 31 March 2013 -
At 31 March 2012 286
3 Share capital Nominal 2013 2013 2012
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 1 1 1
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