ABSOLUTE_PUBLISHING_LIMIT - Accounts
ABSOLUTE_PUBLISHING_LIMIT - Accounts
Absolute Publishing Limited is a private company limited by shares incorporated in England and Wales. The registered office is 30 City Road, London, EC1Y 2AB.
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
These financial statements for the Year ended 31 January 2017 are the first financial statements of Absolute Publishing Limited prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 9 September 2014. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102.
In accordance with the transitional exemption in section 35 of FRS 102, Absolute Publishing Limited has elected to retain its accounting policies for reported assets, liabilities and equity before the date of transition to FRS 102.
The company has not traded during the Year or the preceding financial period. During this time the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements
There is a single class of Ordinary shares. There are no restrictions on the distribution of dividends and repayment of capital.
No guarantees have been given or received.
At the year end, Absolute Publishing Limited was owed £100 (2016: £100) by APL Media Limited.
The parent company of Absolute Publishing Limited is APL Media Limited and its registered office is 30 City Road, London, EC1Y 2AB.