Absinthe Enterprises Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05598191 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

for

Absinthe Enterprises Limited

Page

Company information

1

Abbreviated balance sheet

2

Notes to the abbreviated accounts

4

Directors:

R M Curson Smith

F E H Moyle

Secretary:

F E H Moyle

Registered office:

178 Richmond Road

Hackney

London

E8 3HN

Registered number:

05598191 (England and Wales)

Accountants:

Timewise Limited t/a George & Co.

Chartered Accountants

6 The Roughs

Northwood

Middlesex

HA6 3DF

Fixed assets

Tangible assets

2

20,654

23,921

Current assets

Debtors

16,944

15,000

Cash at bank and in hand

58,310

22,304

75,254

37,304

Creditors

Amounts falling due within one year

25,844

8,673

Net current assets

49,410

28,631

Total assets less current liabilities

70,064

52,552

Capital and reserves

Called up share capital

3

100

100

Profit and loss account

69,964

52,452

Shareholders' funds

70,064

52,552

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 29 July 2016 and were signed on its behalf by:

R M Curson Smith - Director

F E H Moyle - Director

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 production services in the media sector, net of 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.

Land and buildings

-

5% on cost

Plant and machinery etc

-

25% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line

basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	Tangible fixed assets

Total

£

Cost

At 1 November 2014

and 31 October 2015

47,195

Depreciation

At 1 November 2014

23,274

Charge for year

3,267

At 31 October 2015

26,541

Net book value

At 31 October 2015

20,654

At 31 October 2014

23,921

3.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

£

50

A Ordinary

£1

50

50

50

B Ordinary

£1

50

50

100

100