| Absolute Enterprises Limited |
For the year ended 31 January 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 04137380
Absolute Enterprises Limited
For the year ended 31 January 2016
1
Balance Sheet
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Notes to the Abbreviated Financial Statements
| Abbreviated Balance Sheet |
Absolute Enterprises Limited
2016
2015
2
3,900
4,897
3,900
4,897
172,438
213,049
172,438
213,049
| Creditors: amounts falling due within one year |
(29,307)
(44,372)
183,742
128,066
Net current assets
| Total assets less current liabilities |
131,966
188,639
131,966
Net assets
188,639
3
3
131,963
188,636
131,966
188,639
Shareholders funds
| For the year ended 31 January 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; |
| 2) The director acknowledges his 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. |
| Date approved by the board: 15 February 2016 |
| Dominic Gardiner Director |
| Signed on behalf of the board of directors |
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| Notes to the Abbreviated Financial Statements |
Absolute Enterprises Limited
For the year ended 31 January 2016
| The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
| Rentals payable under operating leases are charged against income on a straight line basis |
| over the lease term. |
| Proposed dividends are only included as liabilities in the financial statements when their |
| payment has been approved by the shareholders prior to the balance sheet date. |
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
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| Notes to the Abbreviated Financial Statements |
Absolute Enterprises Limited
For the year ended 31 January 2016
12,398
12,398
7,501
997
Charge for year
8,498
3,900
4,897
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