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REGISTERED NUMBER: 07134890 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

ABBSOLUT LTD

ABBSOLUT LTD (REGISTERED NUMBER: 07134890)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ABBSOLUT LTD

COMPANY INFORMATION
for the Year Ended 31 December 2016







DIRECTORS: T Abbott
Mrs C D Abbott





SECRETARY: Mrs C D Abbott





REGISTERED OFFICE: 9 Calstock Road
Swindon
Wiltshire
SN25 2BG





REGISTERED NUMBER: 07134890 (England and Wales)





ACCOUNTANT: Richard Kyte Associates
Chartered Certified Accountant
126 Weyhill Road
Andover
Hampshire
SP10 3BE

ABBSOLUT LTD (REGISTERED NUMBER: 07134890)

BALANCE SHEET
31 December 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 767 2,179

CURRENT ASSETS
Debtors 5 - 7,200
Cash at bank 22,768 17,873
22,768 25,073
CREDITORS
Amounts falling due within one year 6 20,160 24,695
NET CURRENT ASSETS 2,608 378
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,375

2,557

PROVISIONS FOR LIABILITIES 7 153 -
NET ASSETS 3,222 2,557

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 9 3,212 2,547
SHAREHOLDERS' FUNDS 3,222 2,557

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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





T Abbott - Director


ABBSOLUT LTD (REGISTERED NUMBER: 07134890)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

Abbsolut Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number
and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added
tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixture and Fittings - 15% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that
it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or
substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

ABBSOLUT LTD (REGISTERED NUMBER: 07134890)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2016

4. TANGIBLE FIXED ASSETS
Fixture
and Computer
Fittings equipment Totals
£    £    £   
COST
At 1 January 2016
and 31 December 2016 415 11,304 11,719
DEPRECIATION
At 1 January 2016 341 9,199 9,540
Charge for year 62 1,350 1,412
At 31 December 2016 403 10,549 10,952
NET BOOK VALUE
At 31 December 2016 12 755 767
At 31 December 2015 74 2,105 2,179

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade debtors - 7,200

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Bank loans and overdrafts 417 -
Trade creditors - 4,335
Tax 4,139 3,144
Social security and other taxes 370 300
VAT 6,162 2,314
Directors' current accounts 2,289 8,348
Accrued expenses 6,783 6,254
20,160 24,695

7. PROVISIONS FOR LIABILITIES
31.12.16 31.12.15
£    £   
Deferred tax 153 -

Deferred
tax
£   
Provided during year 153
Balance at 31 December 2016 153

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.12.16 31.12.15
value: £    £   
10 Ordinary £1 10 10

ABBSOLUT LTD (REGISTERED NUMBER: 07134890)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2016

9. RESERVES
Retained
earnings
£   

At 1 January 2016 2,547
Profit for the year 14,665
Dividends (14,000 )
At 31 December 2016 3,212

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £14,000 (2015 - £13,650) were paid to the directors .

The company was under the control of the directors, Mr T Abbott and Mrs C D Abbott, who between them own 100% of the
shareholding.