Registered Number 06371576

ABSOLUTELY FABULOUS LTD

Abbreviated Accounts

31 March 2016

ABSOLUTELY FABULOUS LTD Registered Number 06371576

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 9,683 9,945
9,683 9,945
Current assets
Debtors 312 596
312 596
Creditors: amounts falling due within one year (11,600) (9,848)
Net current assets (liabilities) (11,288) (9,252)
Total assets less current liabilities (1,605) 693
Creditors: amounts falling due after more than one year (7,274) (7,756)
Total net assets (liabilities) (8,879) (7,063)
Capital and reserves
Called up share capital 2 2
Profit and loss account (8,881) (7,065)
Shareholders' funds (8,879) (7,063)
  • For the year ending 31 March 2016 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 30 December 2016

And signed on their behalf by:
Darren Curtis, Director

ABSOLUTELY FABULOUS LTD Registered Number 06371576

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Turnover policy
Turnover is the total amount receivable by the company in the ordinary course of business with outside customers for goods supplied and services provided, excluding VAT, and was earned wholly within the United Kingdom.

Tangible assets depreciation policy
Depreciation is calculated to write down the cost of all tangible fixed assets (other than freehold land) over their expected useful economic lives.

Reduced balance method

2Tangible fixed assets
£
Cost
At 1 April 2015 25,335
Additions 11,733
Disposals (7,799)
Revaluations -
Transfers -
At 31 March 2016 29,269
Depreciation
At 1 April 2015 15,390
Charge for the year 4,196
On disposals 0
At 31 March 2016 19,586
Net book values
At 31 March 2016 9,683
At 31 March 2015 9,945