Abbreviated Company Accounts - ABSOLUT PROPERTY SERVICES LTD

ABSOLUT PROPERTY SERVICES LTD - Company Information

05938599 ABSOLUT PROPERTY SERVICES LTD 2015-08-31 false 2014-09-01 2015-08-31 true 05938599 2014-09-01 2015-08-31 05938599 2015-08-31 05938599 2014-08-31 05938599 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 05938599 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 05938599

ABSOLUT PROPERTY SERVICES LTD

Abbreviated Accounts

31 August 2015

ABSOLUT PROPERTY SERVICES LTD Registered Number 05938599

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Investments	2	1	1
		1	1
Current assets
Debtors		1,647,846	2,008,726
Cash at bank and in hand		46,011	18,851
		1,693,857	2,027,577
Creditors: amounts falling due within one year	3	(1,165,043)	(1,508,384)
Net current assets (liabilities)		528,814	519,193
Total assets less current liabilities		528,815	519,194
Creditors: amounts falling due after more than one year	3	(684,067)	(674,446)
Total net assets (liabilities)		(155,252)	(155,252)
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(155,254)	(155,254)
Shareholders' funds		(155,252)	(155,252)

For the year ending 31 August 2015 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 31 May 2016

And signed on their behalf by:
Mr T Croft, Director

ABSOLUT PROPERTY SERVICES LTD Registered Number 05938599

Notes to the Abbreviated Accounts for the period ended 31 August 2015

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 value of new build properties provided to customers.

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Fixed assets Investments
As at September 2014 £1

As at 31 August 2015 £1

Absolut Property Services Ltd owns 100% of Absolut Property Letting Services Ltd. The capital and reserves in the Absolut Property Letting Services Ltd were £245,030. The profit for the year was £23,743.

3Creditors

	2015 £	2014 £
Secured Debts	684,067	687,274

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2