Absa Environmental Systems Limited,Ltd

Absa Environmental Systems Limited

Accountants' Report

For the year ended 30 September 2016

As described on the balance sheet you are responsible for the preparation of the financial statements for

the year ended 30 September 2016 and you consider that the company is exempt from an audit under

the Companies Act 2006.

In accordance with your instructions, we have compiled these unaudited financial statements in order to

assist you to fulfil your statutory responsibilities, from the accounting records and information and

explanations supplied to us.

Simark & Co

Belmont House

20 King Street

Thetford

Norfolk

IP24 2AP

22 December 2016

Dated:

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Abbreviated Balance Sheet

Absa Environmental Systems Limited

As at 30 September 2016

02857594

Registered Number :

2016

Notes

2015

Fixed assets

Tangible assets

9,040

Current assets

Stocks

860

Debtors

62,186

18,294

Cash at bank and in hand

50,040

51,160

68,334

114,206

Creditors: amounts falling due within one year

(72,759)

(29,621)

41,447

38,713

Net current assets

Total assets less current liabilities

38,713

50,487

38,713

Net assets

50,487

Capital and reserves

Called up share capital

1,000

Profit and loss account

37,713

49,487

38,713

50,487

Shareholders funds

For the year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors 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 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.

Date approved by the board: 22 December 2016

Mr Raymond Marven Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

Absa Environmental Systems Limited

For the year ended 30 September 2016

1 Accounting Policies

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease

term.

Dividends

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

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:

Plant and Machinery

15% Reducing balance

Motor Vehicles

25% Reducing balance

Fixtures and Fittings

15% Reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2 Share capital

Allotted called up and fully paid

2016

2015

1,000 Ordinary shares of £1.00 each

1,000

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