REGISTERED NUMBER: 07200353 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Absolute Zero Engineering Services

Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R J Walsh

REGISTERED OFFICE:

34 Pearse Close

Penarth

CF64 1TH

REGISTERED NUMBER:

07200353 (England and Wales)

ACCOUNTANTS:

JK Accountancy

The Business Centre

Cardiff Road

Barry

CF63 2AW

FIXED ASSETS

Tangible assets

4

815

308

CURRENT ASSETS

Debtors

-

2,187

Cash at bank

8,025

2,328

8,025

4,515

CREDITORS

Amounts falling due within one year

8,140

4,752

NET CURRENT LIABILITIES

(115

)

(237

)

TOTAL ASSETS LESS CURRENT LIABILITIES

700

71

CAPITAL AND RESERVES

Called up share capital

5

2

1

Retained earnings

6

698

70

SHAREHOLDERS' FUNDS

700

71

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director on 12 July 2017 and were signed by:

R J Walsh - Director

1.	STATUTORY INFORMATION

Absolute Zero Engineering Services 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

1,242

Additions

780

At 31 March 2017

2,022

DEPRECIATION

At 1 April 2016

934

Charge for year

273

At 31 March 2017

1,207

NET BOOK VALUE

At 31 March 2017

815

At 31 March 2016

308

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

1

Ordinary

1

1

1

1

Ordinary B

1

1

-

2

1

1 Ordinary B share of 1 was allotted and fully paid for cash at par during the year.

6.

RESERVES

Retained

earnings

£

At 1 April 2016

70

Profit for the year

23,628

Dividends

(23,000

)

At 31 March 2017

698

7.	ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of the director Mr R J Walsh, who owns 100% of the share capital.