Abbreviated Company Accounts - ABSOLUTE WAREHOUSE SERVICES LIMITED

ABSOLUTE WAREHOUSE SERVICES LIMITED - Company Information

07046373 ABSOLUTE WAREHOUSE SERVICES LIMITED 2014-12-31 false 2013-11-01 2014-12-31 true 07046373 2013-11-01 2014-12-31 07046373 2014-12-31 07046373 2013-10-31 07046373 uk-gaap-cd-bus:Director1 2013-11-01 2014-12-31 07046373 uk-gaap-cd-bus:Director2 2013-11-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 07046373

ABSOLUTE WAREHOUSE SERVICES LIMITED

Abbreviated Accounts

31 December 2014

ABSOLUTE WAREHOUSE SERVICES LIMITED Registered Number 07046373

Abbreviated Balance Sheet as at 31 December 2014

	Notes	31/12/2014	31/10/2013
		£	£
Fixed assets
Tangible assets	2	466,168	337,297
		466,168	337,297
Current assets
Debtors		369,653	308,413
Cash at bank and in hand		62,792	32,182
		432,445	340,595
Creditors: amounts falling due within one year	3	(394,840)	(339,775)
Net current assets (liabilities)		37,605	820
Total assets less current liabilities		503,773	338,117
Creditors: amounts falling due after more than one year	3	(23,100)	(37,289)
Provisions for liabilities		(55,698)	(29,086)
Total net assets (liabilities)		424,975	271,742
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		423,975	270,742
Shareholders' funds		424,975	271,742

For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 8 September 2015

And signed on their behalf by:
Gary Wagstaff, Director

ABSOLUTE WAREHOUSE SERVICES LIMITED Registered Number 07046373

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the invoiced value of goods and services supplied by the company,net of value added tax and trade discounts

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Short leasehold properties 10% straight line
Plant and Machinery 25% wdv
fixtures and Fittings 25% wdv
Motor Cars 25% wdv

Other accounting policies
Taxation
Corporation tax payable is provided on taxable profits at the current rates
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the righto pay less tax in the future. An assets has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted

2Tangible fixed assets

	£
Cost
At 1 November 2013	500,947
Additions	221,061
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	722,008
Depreciation
At 1 November 2013	163,650
Charge for the year	92,190
On disposals	-
At 31 December 2014	255,840
Net book values
At 31 December 2014	466,168
At 31 October 2013	337,297

3Creditors

	31/12/2014 £	31/10/2013 £
Secured Debts	128,349	83,498

4Called Up Share Capital
Allotted, called up and fully paid:

	31/12/2014 £	31/10/2013 £
1,000 Ordinary shares of £1 each	1,000	1,000