Absolute Pumping Solutions Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09601811 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 20 MAY 2015 TO 31 MARCH 2016

FOR

ABSOLUTE PUMPING SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Parker

K Parker

J.S. Stanley

J. Stanley

REGISTERED OFFICE:

85/87 High Street West

Glossop

Derbyshire

SK13 8AZ

REGISTERED NUMBER:

09601811 (England and Wales)

ACCOUNTANTS:

Crossfields

Chartered Accountants

85/87 High Street West

Glossop

Derbyshire

SK13 8AZ

FIXED ASSETS

Tangible assets

2

56,250

CURRENT ASSETS

Debtors

5,280

Cash at bank

8,700

13,980

CREDITORS

Amounts falling due within one year

96,598

NET CURRENT LIABILITIES

(82,618

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(26,368

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(26,370

)

SHAREHOLDERS' FUNDS

(26,368

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 4 November 2016 and were signed on its behalf by:

J. Stanley - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

75,000

At 31 March 2016

75,000

DEPRECIATION

Charge for period

18,750

At 31 March 2016

18,750

NET BOOK VALUE

At 31 March 2016

56,250

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2