IRIS Accounts Production v18.1.0.975 03094861 Board of Directors 1.9.16 31.8.17 31.8.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure030948612016-08-31030948612017-08-31030948612016-09-012017-08-31030948612015-08-31030948612015-09-012016-08-31030948612016-08-3103094861ns15:EnglandWales2016-09-012017-08-3103094861ns14:PoundSterling2016-09-012017-08-3103094861ns10:Director12016-09-012017-08-3103094861ns10:PrivateLimitedCompanyLtd2016-09-012017-08-3103094861ns10:SmallEntities2016-09-012017-08-3103094861ns10:AuditExemptWithAccountantsReport2016-09-012017-08-3103094861ns10:SmallCompaniesRegimeForDirectorsReport2016-09-012017-08-3103094861ns10:SmallCompaniesRegimeForAccounts2016-09-012017-08-3103094861ns10:FullAccounts2016-09-012017-08-3103094861ns10:Director22016-09-012017-08-3103094861ns10:Director32016-09-012017-08-3103094861ns10:CompanySecretary12016-09-012017-08-3103094861ns10:RegisteredOffice2016-09-012017-08-3103094861ns5:CurrentFinancialInstruments2017-08-3103094861ns5:CurrentFinancialInstruments2016-08-3103094861ns5:Non-currentFinancialInstruments2017-08-3103094861ns5:Non-currentFinancialInstruments2016-08-3103094861ns5:ShareCapital2017-08-3103094861ns5:ShareCapital2016-08-3103094861ns5:RetainedEarningsAccumulatedLosses2017-08-3103094861ns5:RetainedEarningsAccumulatedLosses2016-08-3103094861ns5:LandBuildingsns5:ShortLeaseholdAssets2016-09-012017-08-3103094861ns5:PlantMachinery2016-09-012017-08-3103094861ns5:FurnitureFittings2016-09-012017-08-3103094861ns5:MotorVehicles2016-09-012017-08-3103094861ns5:ComputerEquipment2016-09-012017-08-3103094861ns5:LandBuildingsns5:ShortLeaseholdAssets2016-08-3103094861ns5:PlantMachinery2016-08-3103094861ns5:FurnitureFittings2016-08-3103094861ns5:LandBuildingsns5:ShortLeaseholdAssets2017-08-3103094861ns5:PlantMachinery2017-08-3103094861ns5:FurnitureFittings2017-08-3103094861ns5:LandBuildingsns5:ShortLeaseholdAssets2016-08-3103094861ns5:PlantMachinery2016-08-3103094861ns5:FurnitureFittings2016-08-3103094861ns5:MotorVehicles2016-08-3103094861ns5:ComputerEquipment2016-08-3103094861ns5:MotorVehicles2017-08-3103094861ns5:ComputerEquipment2017-08-3103094861ns5:MotorVehicles2016-08-3103094861ns5:ComputerEquipment2016-08-3103094861ns5:AdditionsToInvestments2017-08-3103094861ns5:CostValuation2017-08-3103094861ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-08-3103094861ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-08-31


REGISTERED NUMBER: 03094861 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2017

for

ABSOLUTELY OFFICES LIMITED

ABSOLUTELY OFFICES LIMITED (REGISTERED NUMBER: 03094861)






Contents of the Financial Statements
for the year ended 31 August 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

ABSOLUTELY OFFICES LIMITED

Company Information
for the year ended 31 August 2017







DIRECTORS: Mrs B A Huntingdon
Mrs J E Wordsworth
G Huntingdon





SECRETARY: Mrs J E Wordsworth





REGISTERED OFFICE: 9, Worton Park
Cassington
Oxford
Oxfordshire
OX29 4DN





BUSINESS ADDRESS: Grove House
Lutyens Close
Chineham Court
Basingstoke
Hampshire
RG24 8AG





REGISTERED NUMBER: 03094861 (England and Wales)





ACCOUNTANTS: Camerons Accountancy Consultants Limited
Chartered Accountants
9 Worton Park
Cassington
Witney
Oxfordshire
OX29 4SX

ABSOLUTELY OFFICES LIMITED (REGISTERED NUMBER: 03094861)

Balance Sheet
31 August 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 109,757 132,255
Investments 5 25,123 -
134,880 132,255

CURRENT ASSETS
Stocks 3,750 3,750
Debtors 6 258,914 352,251
Cash at bank and in hand 82,899 53,106
345,563 409,107
CREDITORS
Amounts falling due within one
year

7

417,494

380,183
NET CURRENT (LIABILITIES)/ASSETS (71,931 ) 28,924
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,949

161,179

CREDITORS
Amounts falling due after more
than one year

8

-

43,135
NET ASSETS 62,949 118,044

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 62,849 117,944
62,949 118,044

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 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.

ABSOLUTELY OFFICES LIMITED (REGISTERED NUMBER: 03094861)

Balance Sheet - continued
31 August 2017


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 18 May 2018 and were
signed on its behalf by:





Mrs B A Huntingdon - Director


ABSOLUTELY OFFICES LIMITED (REGISTERED NUMBER: 03094861)

Notes to the Financial Statements
for the year ended 31 August 2017

1. STATUTORY INFORMATION

Absolutely Offices Limited 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.
Improvements to leasehold - in accordance with the property
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due
allowance for obsolete and slow moving items.

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.

ABSOLUTELY OFFICES LIMITED (REGISTERED NUMBER: 03094861)

Notes to the Financial Statements - continued
for the year ended 31 August 2017

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss 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 profit or loss in the period to which they
relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 September 2016 247,307 310,620 585,055
Additions - - 1,939
Disposals (247,307 ) - -
At 31 August 2017 - 310,620 586,994
DEPRECIATION
At 1 September 2016 247,307 261,397 502,656
Charge for year - 9,845 21,084
Eliminated on disposal (247,307 ) - -
At 31 August 2017 - 271,242 523,740
NET BOOK VALUE
At 31 August 2017 - 39,378 63,254
At 31 August 2016 - 49,223 82,399

ABSOLUTELY OFFICES LIMITED (REGISTERED NUMBER: 03094861)

Notes to the Financial Statements - continued
for the year ended 31 August 2017

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2016 8,450 31,270 1,182,702
Additions 9,500 - 11,439
Disposals (8,450 ) (31,270 ) (287,027 )
At 31 August 2017 9,500 - 907,114
DEPRECIATION
At 1 September 2016 7,817 31,270 1,050,447
Charge for year 2,375 - 33,304
Eliminated on disposal (7,817 ) (31,270 ) (286,394 )
At 31 August 2017 2,375 - 797,357
NET BOOK VALUE
At 31 August 2017 7,125 - 109,757
At 31 August 2016 633 - 132,255

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 25,123
At 31 August 2017 25,123
NET BOOK VALUE
At 31 August 2017 25,123

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 160,658 160,947
Other debtors 98,256 191,304
258,914 352,251

ABSOLUTELY OFFICES LIMITED (REGISTERED NUMBER: 03094861)

Notes to the Financial Statements - continued
for the year ended 31 August 2017

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts - 6,103
café vat (932 ) (1,152 )
Trade creditors 53,774 345,233
Amounts owed to group undertakings 315,027 -
Taxation and social security 47,476 27,850
Other creditors 2,149 2,149
417,494 380,183

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2017 2016
£    £   
Other creditors - 43,135

ABSOLUTELY OFFICES LIMITED

Report of the Accountants to the Directors of
Absolutely Offices Limited

The following reproduces the text of the report prepared for the directors in respect
of the company's annual unaudited financial statements. In accordance with the
Companies Act 2006, the company is only required to file a Balance Sheet. Readers
are cautioned that the Income Statement and certain other primary statements and
the Report of the Directors are not required to be filed with the Registrar of
Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2017 set out on pages one to ten and you consider that the company is exempt from an audit.

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.






Camerons Accountancy Consultants Limited
Chartered Accountants
9 Worton Park
Cassington
Witney
Oxfordshire
OX29 4SX


18 May 2018