ACCOUNTS - Final Accounts preparation


03804118 ABSOLUTE APPOINTMENTS LIMITED 2015-07-01 2016-06-30 false true 2016-06-30 03804118 2015-07-01 2016-06-30 03804118 2016-06-30 03804118 2015-06-30 03804118 c:MotorVehicles 2015-07-01 2016-06-30 03804118 c:FixturesFittingsToolsEquipment 2015-07-01 2016-06-30 03804118 d:OrdinaryShareClass1 2016-06-30 03804118 d:OrdinaryShareClass1 2015-06-30 03804118 d:OrdinaryShareClass1 2015-07-01 2016-06-30 03804118 d:Director1 2015-07-01 2016-06-30 03804118 c:ProvisionsForDeferredTaxation 2015-06-30 xbrli:shares iso4217:GBP
Registered number: 03804118














ABSOLUTE APPOINTMENTS LIMITED




UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

 
ABSOLUTE APPOINTMENTS LIMITED
REGISTERED NUMBER: 03804118

ABBREVIATED BALANCE SHEET
AS AT 30 JUNE 2016

2016
2015
Note
£
£
£
£
 
FIXED ASSETS





 
Tangible assets
 
2
12,539
13,867
 
CURRENT ASSETS





 
Debtors
25,124
11,736

 
Cash at bank

9,544
7,839







 
34,668
19,575
 
CREDITORS: amounts falling due within one year
(32,778)
(18,842)
 
NET CURRENT ASSETS


1,890

733
 
TOTAL ASSETS LESS CURRENT LIABILITIES
14,429
14,600
 
PROVISIONS FOR LIABILITIES





 
Deferred tax
(2,475)
(2,684)

NET ASSETS




 11,954


 11,916
  
CAPITAL AND RESERVES

 
Called up share capital
3
100
100
 
Profit and loss account
11,854
11,816
 
SHAREHOLDERS' FUNDS
 

 11,954

 11,916


The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 30 June 2016 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 3 October 2016.





S. Essex
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
ABSOLUTE APPOINTMENTS LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

1.3
Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation.  Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor vehicles
-
25% reducing balance
Fixtures and fittings
-
25% reducing balance

1.4
Deferred taxation

Full provision is made for deferred tax assets and liabilities arising from all timing differences between the recognition of gains and losses in the financial statements and recognition in the tax computation.

A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.
Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences are expected to reverse.
Deferred tax assets and liabilities are not discounted.

1.5
Pensions

The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.

Page 2

 
ABSOLUTE APPOINTMENTS LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016

2.TANGIBLE FIXED ASSETS



£


Cost 


At 1 July 2015
44,352

Additions
2,434


At 30 June 2016

46,786



Depreciation


At 1 July 2015
30,485

Charge for the year
3,762


At 30 June 2016

34,247




Net book value


At 30 June 2016
 12,539


At 30 June 2015

 13,867


3.SHARE CAPITAL
        2016
        2015
        £

        £

Authorised, allotted, called up and fully paid



100 Ordinary shares of £1 shares of £1 each
 100
 100

Page 3