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ABSM LTD
Registered number: 5337230
BALANCE SHEET
As at 31 January 2017
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Creditors: amounts falling due within one year
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Net current assets/(liabilities)
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Total assets less current liabilities
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Notes
Directors' benefits: advances, credits and guarantees
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During the year, the company made a loan to Aaron Babington, a director of the company. The amount outstanding at the end of the year was £9405 and the interest rate charged was 3%. The loan is repayable on demand.
The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions available to companies subject to the micro entities' regime in Part 15 of the Companies Act 2006 and FRS 105: The Financial Reporting Standard applicable to the micro-entities Regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 October 2017.
The notes on form part of these financial statements.
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