ABSOLUTE WAREHOUSE SERVICES LIMITED

ABSOLUTE WAREHOUSE SERVICES LIMITED

ABSOLUTE WAREHOUSE SERVICES LIMITED - Company Information

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ABSOLUTE WAREHOUSE SERVICES LIMITED

Company Registration Number:
07046373 (England and Wales)

Unaudited abridged accounts for the year ended 30 December 2020

Period of accounts

Start date: 01 January 2020

End date: 30 December 2020

ABSOLUTE WAREHOUSE SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 30 December 2020

Balance sheet
Notes

ABSOLUTE WAREHOUSE SERVICES LIMITED

Balance sheet

As at 30 December 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 670,520 765,142
Total fixed assets: 670,520 765,142
Current assets
Stocks: 0 0
Debtors:   1,496,817 1,518,327
Cash at bank and in hand: 34,553 24,402
Total current assets: 1,531,370 1,542,729
Creditors: amounts falling due within one year: 4 (691,978) (814,396)
Net current assets (liabilities): 839,392 728,333
Total assets less current liabilities: 1,509,912 1,493,475
Creditors: amounts falling due after more than one year: 5 (267,789) (180,291)
Provision for liabilities: (10,490) (28,468)
Total net assets (liabilities): 1,231,633 1,284,716
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 1,230,633 1,283,716
Shareholders funds: 1,231,633 1,284,716

The notes form part of these financial statements

ABSOLUTE WAREHOUSE SERVICES LIMITED

Balance sheet statements

For the year ending 30 December 2020 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 December 2021
and signed on behalf of the board by:

Name: Gary Wagstaff
Status: Director

The notes form part of these financial statements

ABSOLUTE WAREHOUSE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ABSOLUTE WAREHOUSE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2020

2. Employees

2020 2019
Average number of employees during the period 34 36

ABSOLUTE WAREHOUSE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2020

3. Tangible Assets

Total
Cost £
At 01 January 2020 1,566,171
Additions 24,000
At 30 December 2020 1,590,171
Depreciation
At 01 January 2020 801,029
Charge for year 118,622
At 30 December 2020 919,651
Net book value
At 30 December 2020 670,520
At 31 December 2019 765,142

ABSOLUTE WAREHOUSE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2020

4. Creditors: amounts falling due within one year note

Social security and other taxes £125938Loans £ 92754Hire Purchase £ 28001Trade Creditors £445285

ABSOLUTE WAREHOUSE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2020

5. Creditors: amounts falling due after more than one year note

Bank Loan CIBILS £167000Other Loans £27435Hire purchase £73354