Registered Number 06246239

AABSOLUTE BOND LIMITED

Abbreviated Accounts

31 May 2012

AABSOLUTE BOND LIMITED Registered Number 06246239

Abbreviated Balance Sheet as at 31 May 2012

Notes 2012 2011
£ £
Fixed assets
Tangible assets 2 3,070 3,070
3,070 3,070
Current assets
Debtors 254,271 254,271
Cash at bank and in hand 1 -
254,272 254,271
Creditors: amounts falling due within one year (36,661) (36,079)
Net current assets (liabilities) 217,611 218,192
Total assets less current liabilities 220,681 221,262
Creditors: amounts falling due after more than one year (287,000) (287,000)
Total net assets (liabilities) (66,319) (65,738)
Capital and reserves
Called up share capital 3 1 1
Profit and loss account (66,320) (65,739)
Shareholders' funds (66,319) (65,738)
  • For the year ending 31 May 2012 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 28 February 2013

And signed on their behalf by:
Shahid Chaudhry, Director

AABSOLUTE BOND LIMITED Registered Number 06246239

Notes to the Abbreviated Accounts for the period ended 31 May 2012

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 amounts receivable for goods and services net of VAT.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:-

Fixtures, fittings & equipment 20% on straight line

2Tangible fixed assets
£
Cost
At 1 June 2011 5,249
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2012 5,249
Depreciation
At 1 June 2011 2,179
Charge for the year -
On disposals -
At 31 May 2012 2,179
Net book values
At 31 May 2012 3,070
At 31 May 2011 3,070
3Called Up Share Capital
Allotted, called up and fully paid:
2012
£
2011
£
1 A Ordinary shares of £1 each 1 1