05570017 6.4.15 5.4.16 5.4.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure055700172015-04-05055700172016-04-05055700172015-04-062016-04-05055700172014-04-05055700172014-04-062015-04-05055700172015-04-0505570017ns12:England2015-04-062016-04-0505570017ns14:PoundSterling2015-04-062016-04-0505570017ns7:Director12015-04-062016-04-0505570017ns7:OrdinaryShareClass12015-04-062016-04-0505570017ns7:RegisteredOffice2015-04-062016-04-0505570017ns7:EntityAccountantsOrAuditors2015-04-062016-04-0505570017ns5:PlantMachinery2015-04-062016-04-0505570017ns5:ComputerEquipment2015-04-062016-04-0505570017ns7:OrdinaryShareClass12016-04-0505570017ns7:OrdinaryShareClass12015-04-0505570017ns7:Director12015-04-0505570017ns7:Director12014-04-0505570017ns7:Director12014-04-062015-04-0505570017ns7:Director12016-04-0505570017ns7:Director12015-04-05
REGISTERED NUMBER: 05570017 (England and Wales)















Abbreviated Accounts for the Year Ended 5 April 2016

for

Absolute Sales Limited

Absolute Sales Limited (Registered number: 05570017)






Contents of the Abbreviated Accounts
for the Year Ended 5 April 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Absolute Sales Limited

Company Information
for the Year Ended 5 April 2016







DIRECTOR: G Thomas





REGISTERED OFFICE: Sterling House
Langston Road
Loughton
Essex
IG10 3FA





REGISTERED NUMBER: 05570017 (England and Wales)





ACCOUNTANTS: Ashton Hart David Lee
Sterling House
Langston Road
Loughton
Essex
IG10 3FA

Absolute Sales Limited (Registered number: 05570017)

Abbreviated Balance Sheet
5 April 2016

5.4.16 5.4.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,400 159

CURRENT ASSETS
Debtors - 21,815
Cash at bank 61,495 52,333
61,495 74,148
CREDITORS
Amounts falling due within one year 48,162 34,477
NET CURRENT ASSETS 13,333 39,671
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,733

39,830

CAPITAL AND RESERVES
Called up share capital 3 2 2
Profit and loss account 14,731 39,828
SHAREHOLDERS' FUNDS 14,733 39,830

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2016 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 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 director on 5 December 2016 and were signed by:





G Thomas - Director


Absolute Sales Limited (Registered number: 05570017)

Notes to the Abbreviated Accounts
for the Year Ended 5 April 2016

1. ACCOUNTING POLICIES

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 January 2015).

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on reducing balance
Computer equipment - 33.33% on cost

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

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 6 April 2015 2,380
Additions 2,018
Disposals (804 )
At 5 April 2016 3,594
DEPRECIATION
At 6 April 2015 2,221
Charge for year 689
Eliminated on disposal (716 )
At 5 April 2016 2,194
NET BOOK VALUE
At 5 April 2016 1,400
At 5 April 2015 159

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 5.4.16 5.4.15
value: £    £   
2 Ordinary 1 2 2

Absolute Sales Limited (Registered number: 05570017)

Notes to the Abbreviated Accounts - continued
for the Year Ended 5 April 2016

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 5 April 2016 and 5 April 2015:

5.4.16 5.4.15
£    £   
G Thomas
Balance outstanding at start of year 18,969 -
Amounts advanced - 18,969
Amounts repaid (18,969 ) -
Balance outstanding at end of year - 18,969