Abbreviated Company Accounts - ABSOLUTE SKI LIMITED

03396415 ABSOLUTE SKI LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 03396415 2015-07-01 2016-06-30 03396415 2016-06-30 03396415 2015-06-30 03396415 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 03396415 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 03396415

ABSOLUTE SKI LIMITED

Abbreviated Accounts

30 June 2016

ABSOLUTE SKI LIMITED Registered Number 03396415

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	-	-
		-	-
Current assets
Debtors		7,470	16,941
Cash at bank and in hand		5,934	3,521
		13,404	20,462
Creditors: amounts falling due within one year		(47,945)	(46,331)
Net current assets (liabilities)		(34,541)	(25,869)
Total assets less current liabilities		(34,541)	(25,869)
Creditors: amounts falling due after more than one year		-	(3,518)
Total net assets (liabilities)		(34,541)	(29,387)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(34,543)	(29,389)
Shareholders' funds		(34,541)	(29,387)

For the year ending 30 June 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 21 March 2017

And signed on their behalf by:
T Camfferman, Director

ABSOLUTE SKI LIMITED Registered Number 03396415

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents sales of services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangiable fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate
Plant and machinery Between 14% and 25% on a straight line basis

Other accounting policies
Foreign currency transactions in the profit and loss account are translated at the average rate prevailing during the period. Debtors and creditors denominated in foreign currency are translated at the rate applicable on the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 July 2015	1,433
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	1,433
Depreciation
At 1 July 2015	1,433
Charge for the year	-
On disposals	-
At 30 June 2016	1,433
Net book values
At 30 June 2016	0
At 30 June 2015	0

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2