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REGISTERED NUMBER: 08062130 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

Absolute Property Management
Solutions Ltd

Absolute Property Management
Solutions Ltd (Registered number: 08062130)






Contents of the Abbreviated Accounts
for the Year Ended 30 September 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Absolute Property Management
Solutions Ltd

Company Information
for the Year Ended 30 September 2016







Directors: Mr A C Probert
Mr J Poppleton
Dr R A Holmes





Secretary: Mr J Poppleton





Registered office: Avon House
19 Stanwell Road
Penarth
South Glamorgan
CF64 2EZ





Registered number: 08062130 (England and Wales)





Accountants: BYB Accountancy Ltd
Incorporated Financial Accountants
The Old Bank
46-48 Cardiff Road
Llandaff
Cardiff
South Glamorgan
CF5 2DT

Absolute Property Management
Solutions Ltd (Registered number: 08062130)

Abbreviated Balance Sheet
30 September 2016

2016 2015
Notes £    £    £    £   
Fixed assets
Tangible assets 2 530 -

Current assets
Debtors 10,696 7,173
Cash at bank 62,255 50,580
72,951 57,753
Creditors
Amounts falling due within one year 18,033 14,136
Net current assets 54,918 43,617
Total assets less current liabilities 55,448 43,617

Creditors
Amounts falling due after more than one year 50,000 50,000
Net assets/(liabilities) 5,448 (6,383 )

Capital and reserves
Called up share capital 3 100 100
Profit and loss account 5,348 (6,483 )
Shareholders' funds 5,448 (6,383 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Absolute Property Management
Solutions Ltd (Registered number: 08062130)

Abbreviated Balance Sheet - continued
30 September 2016


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 15 June 2017 and were signed on its behalf by:





Mr J Poppleton - Director


Absolute Property Management
Solutions Ltd (Registered number: 08062130)

Notes to the Abbreviated Accounts
for the Year Ended 30 September 2016

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 services, 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.

Computer equipment - 33% on cost

2. TANGIBLE FIXED ASSETS
Total
£   
Cost
Additions 794
At 30 September 2016 794
Depreciation
Charge for year 264
At 30 September 2016 264
Net book value
At 30 September 2016 530

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors are directors loans from Mrs R Holmes of £25,000 and Mr A Probert of £25,000 who are also
shareholders of the company. There are no set terms for repayment and no interest is being charged.

Absolute Property Management
Solutions Ltd (Registered number: 08062130)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 September 2016

5. REVIEW OF BUSINESS

Income increased the previous trading year, again generating increased profits year on year, a reinforcement of the
Company's ongoing stability and development plan.
The Directors are pleased with this result given market conditions in the property sector, both commercial and
residential as well as the challenges facing a younger entrant.
The Company will continue to pursue opportunities and leveraging from its ability to provide a dedicated flexible
service and react to client needs in an efficient and timely manner.
The Board has embarked on a number of key initiatives driven by market forces and competitor performance within
the Company's geographical region of operations and taking advantage of its growing reputation, demonstrable client
satisfaction and the support of a loyal team of local quality tradesmen.