REGISTERED NUMBER: 06849889 (England and Wales)

ABBREVIATED UNAUDITED CESSATION ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2013

FOR

ABSOLUTE BUSINESS SYSTEMS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Miss H J Reynolds

Ms K J Bonnick

REGISTERED OFFICE:

Benham Grange Farm

Bath Road

Halfway

Newbury

Berkshire

RG20 8NS

REGISTERED NUMBER:

06849889 (England and Wales)

ACCOUNTANTS:

Khan Morris Accountants Limited

21 Southampton Street

Southampton

Hampshire

SO15 2ED

CURRENT ASSETS

Cash at bank and in hand

-

4,344

CREDITORS

Amounts falling due within one year

2,494

6,478

NET CURRENT LIABILITIES

(2,494

)

(2,134

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,494

)

(2,134

)

CAPITAL AND RESERVES

Called up share capital

2

3

3

Profit and loss account

(2,497

)

(2,137

)

SHAREHOLDERS' FUNDS

(2,494

)

(2,134

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2013 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 13 December 2013 and were signed on its behalf by:

Miss H J Reynolds - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors consider that, notwithstanding the company's negative net assets position, it is appropriate

to prepare the accounts on a going concern basis as the company will be able to continue to meet its

liabilities as they fall due, due to the continuing support of the directors.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with

the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Deferred tax

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

balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.13

31.3.12

value:

£

£

3

Ordinary

£1

3

3