For the year ended 31 August 2012
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07339359
Absolutely Ace Ltd
For the year ended 31 August 2012
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
Absolutely Ace Ltd
Accountants' Report
For the year ended 31 August 2012
As described in the balance sheet you are responsible for the preparation of the financial statements for the year |
ended 31 August 2012 and you consider that the company is exempt from an audit under the Companies Act |
2006. In accordance with your instructions, we have compiled these unaudited financial statements in order to |
assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations |
supplied to us. |
Avon Accountancy Limited
10 Ivy Lane
Ettington
Stratford upon Avon
CV37 7TD
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Notes to the Abbreviated Financial Statements |
Absolutely Ace Ltd
For the year ended 31 August 2012
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Allotted called up and fully paid |
2012
2011
1 Ordinary Shares shares of £1.00 each |
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1
1
1
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