REGISTERED NUMBER: 05831692 (England and Wales)

Abbreviated Accounts for the Year Ended 30 June 2015

for

Absolute Contract Interiors Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P J Brown

Mrs H Brown

SECRETARY:

Mrs H Brown

REGISTERED OFFICE:

The Old School House

37a Grove Road

Harrogate

North Yorkshire

HG1 5EW

REGISTERED NUMBER:

05831692 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Oakford House

291 Low Lane

Horsforth

Leeds

West Yorkshire

LS18 5NU

FIXED ASSETS

Tangible assets

2

28,649

24,137

CURRENT ASSETS

Debtors

520,580

605,346

Cash at bank and in hand

509,763

193,712

1,030,343

799,058

CREDITORS

Amounts falling due within one year

709,718

569,175

NET CURRENT ASSETS

320,625

229,883

TOTAL ASSETS LESS CURRENT LIABILITIES

349,274

254,020

PROVISIONS FOR LIABILITIES

5,335

4,345

NET ASSETS

343,939

249,675

CAPITAL AND RESERVES

Called up share capital

3

480

480

Capital redemption reserve

520

520

Profit and loss account

342,939

248,675

SHAREHOLDERS' FUNDS

343,939

249,675

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 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 23 October 2015 and were signed on its behalf by:

P J Brown - 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 April 2008).

Turnover

Turnover comprises the value of sales (excluding VAT, similar taxes and trade discounts) of goods

and services provided in the normal course of business.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

54,910

Additions

14,062

At 30 June 2015

68,972

DEPRECIATION

At 1 July 2014

30,773

Charge for year

9,550

At 30 June 2015

40,323

NET BOOK VALUE

At 30 June 2015

28,649

At 30 June 2014

24,137

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

1,000

Ordinary

£1

480

480

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2015 and

30 June 2014:

30.6.15

30.6.14

£

£

P J Brown and Mrs H Brown

Balance outstanding at start of year

-

24,600

Amounts advanced

104,000

100,000

Amounts repaid

(124,000

)

(124,600

)

Balance outstanding at end of year

(20,000

)

-