ABSOLUTE PROMOTIONS LIMITED

Company Registration Number:
04631658 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2017

Period of accounts

Start date: 01 April 2016

End date: 31 March 2017

ABSOLUTE PROMOTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2017

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 9

ABSOLUTE PROMOTIONS LIMITED

Company Information

for the Period Ended 31 March 2017




Director: J G JACQUIN
Secretary: K HART
Registered office: 65
Crundwell Road
Tunbridge Wells
Kent
TN4 0LL
Company Registration Number: 04631658 (England and Wales)

ABSOLUTE PROMOTIONS LIMITED

Directors' Report Period Ended 31 March 2017

The directors present their report with the financial statements of the company for the period ended 31 March 2017

Principal Activities

The principal activity of the company in the period under review was design and processing of marketing material.

Directors

The directors shown below have held office during the whole of the period from 01 April 2016 to 31 March 2017
J G JACQUIN

Secretary
K HART

This report was approved by the board of directors on 12 September 2017
And Signed On Behalf Of The Board By:

Name: J G JACQUIN
Status: Director

ABSOLUTE PROMOTIONS LIMITED

Profit and Loss Account

for the Period Ended 31 March 2017


Notes

2017
£

2016
£
Turnover 74,594 63,470
Cost of sales (37,577) (31,457)
Gross Profit or (Loss) 37,017 32,013
Administrative Expenses (30,674) (28,984)
Operating Profit or (Loss) 6,343 3,029
Profit or (Loss) Before Tax 6,343 3,029
Profit or (Loss) for Period 6,343 3,029

The notes form part of these financial statements

ABSOLUTE PROMOTIONS LIMITED

Balance sheet

As at 31 March 2017


Notes

2017
£

2016
£
Fixed assets
Tangible assets: 2 1,692 1,692
Total fixed assets: 1,692 1,692
Current assets
Stocks: 5,213 3,314
Debtors: 3 8,509 9,769
Total current assets: 13,722 13,083
Creditors: amounts falling due within one year: 4 ( 27,471 ) ( 32,815 )
Net current assets (liabilities): ( 13,749 ) ( 19,732 )
Total assets less current liabilities: ( 12,057 ) ( 18,040 )
Total net assets (liabilities): ( 12,057 ) ( 18,040 )

The notes form part of these financial statements

ABSOLUTE PROMOTIONS LIMITED

Balance sheet continued

As at 31 March 2017


Notes

2017
£

2016
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 12,058 ) ( 18,041 )
Shareholders funds: ( 12,057 ) ( 18,040 )

For the year ending 31 March 2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 12 September 2017
And Signed On Behalf Of The Board By:

Name: J G JACQUIN
Status: Director

The notes form part of these financial statements

ABSOLUTE PROMOTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of value added tax and trade discounts.

ABSOLUTE PROMOTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

2. Tangible assets

Plant & machinery Total
Cost £ £
At 01 April 2016 44,471 44,471
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2017 44,471 44,471
Depreciation
At 01 April 2016 42,779 42,779
Charge for year - -
On disposals - -
Other adjustments - -
At 31 March 2017 42,779 42,779
Net book value
At 31 March 2017 1,692 1,692
At 31 March 2016 1,692 1,692

ABSOLUTE PROMOTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

3. Debtors


2017
£

2016
£
Trade debtors 8,509 9,769
Total 8,509 9,769

ABSOLUTE PROMOTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

4.Creditors: amounts falling due within one year note


2017
£

2016
£
Trade creditors 27,471 32,815
Total 27,471 32,815