Registered Number
:
06255902
|
For the year ended 31 May 2017
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2017
Absolute Technology Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Absolute Technology Ltd
Statement of Financial Position
2016
2017
Property
,
plant and equipment
|
1,160
401
2
1,160
401
Trade and other receivables
|
12,180
6,936
3
105,893
Cash and cash equivalents
|
97,138
104,074
118,073
Trade and other payables
:
amounts falling due within one
|
year
|
(31,640)
(23,013)
4
86,433
81,061
Net current assets
Total assets less current liabilities
|
82,221
86,834
82,221
Net assets
86,834
100
100
82,121
86,734
82,221
86,834
Shareholders' funds
For the year ended 31 May 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
|
Mr Peter Townsend Director
|
These financial statements were approved and authorised for issue by the Board on 13 November 2017 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 May 2017
Absolute Technology Ltd
Notes to the Financial Statements
Statutory Information
Absolute Technology Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
06255902
.
|
60 Gresham Street
London
EC2V 7BB
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
''
The Financial Reporting Standard applicable in the UK and Republic of Ireland
''
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
2
.
Property
,
plant and equipment
|
7,540
6,558
982
1,565
1,565
-
982
8,123
9,105
Provision for depreciation and impairment
|
7,139
6,157
982
Charge for year
806
806
-
7,945
6,963
982
-
1,160
1,160
-
401
401
3
.
Trade and other receivables
|
2016
2017
6,936
12,180
2 of 3
For the year ended 31 May 2017
Absolute Technology Ltd
Notes to the Financial Statements Continued
4
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
-
(1)
Taxation and social security
|
21,697
28,681
1,316
2,960
23,013
31,640
3 of 3