REGISTERED NUMBER: 04172144 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

ABSOLUTE VISION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R A Laight

L Laight

REGISTERED OFFICE:

Rowden Lodge

Watling Street

Lindley

Nuneaton

Warwickshire

CV10 0TT

REGISTERED NUMBER:

04172144 (England and Wales)

ACCOUNTANTS:

Prime

Chartered Accountants

5 Argosy Court

Scimitar Way

Whitley Business Park

Coventry

CV3 4GA

FIXED ASSETS

Tangible assets

2

6,879

-

CURRENT ASSETS

Stocks

7,050

9,150

Debtors

6,328

493

Cash at bank

2,750

1,733

16,128

11,376

CREDITORS

Amounts falling due within one year

21,271

5,847

NET CURRENT (LIABILITIES)/ASSETS

(5,143

)

5,529

TOTAL ASSETS LESS CURRENT LIABILITIES

1,736

5,529

PROVISIONS FOR LIABILITIES

1,376

-

NET ASSETS

360

5,529

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

260

5,429

SHAREHOLDERS' FUNDS

360

5,529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 27 January 2017 and were signed on its behalf by:

R A Laight - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents amounts invoiced ,net of value added tax,in respect of the sale of goods and

services to customers.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33.33% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are stated at the lower of cost and net realisable value ,after due regard for obsolete ,slow

moving and defective stocks. Net realisable value is based on selling price less anticipated costs to

completion and selling costs.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at

the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of

exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at

the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

6,777

Additions

8,117

At 31 March 2016

14,894

DEPRECIATION

At 1 April 2015

6,777

Charge for year

1,238

At 31 March 2016

8,015

NET BOOK VALUE

At 31 March 2016

6,879

At 31 March 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary Shares

£1

100

100