Registered Number 04252034

ABSE LIMITED

Abbreviated Accounts

31 December 2012

ABSE LIMITED Registered Number 04252034

Abbreviated Balance Sheet as at 31 December 2012

Notes 2012 2011
£ £
Fixed assets
Tangible assets 2 6,085 3,356
6,085 3,356
Current assets
Debtors 44,157 2,850
Cash at bank and in hand 1,603,358 1,080,647
1,647,515 1,083,497
Creditors: amounts falling due within one year (685,249) (585,790)
Net current assets (liabilities) 962,266 497,707
Total assets less current liabilities 968,351 501,063
Total net assets (liabilities) 968,351 501,063
Capital and reserves
Called up share capital 10 10
Profit and loss account 968,341 501,053
Shareholders' funds 968,351 501,063
  • For the year ending 31 December 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 20 September 2013

And signed on their behalf by:
Jonathan Leefield, Director

ABSE LIMITED Registered Number 04252034

Notes to the Abbreviated Accounts for the period ended 31 December 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.

2Tangible fixed assets
£
Cost
At 1 January 2012 26,667
Additions 7,894
Disposals -
Revaluations -
Transfers -
At 31 December 2012 34,561
Depreciation
At 1 January 2012 23,311
Charge for the year 5,165
On disposals -
At 31 December 2012 28,476
Net book values
At 31 December 2012 6,085
At 31 December 2011 3,356