Registered Number 06853959
ABSOLUTE ARCHITECTURE LIMITED
Abbreviated Accounts
31 March 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
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|
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Creditors: amounts falling due after more than one year |
|
( |
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Provisions for liabilities |
( |
( |
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Total net assets (liabilities) |
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|
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Capital and reserves | |||
Called up share capital | 4 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Fixtures, fittings and equipment – 25% straight line basis
Motor vehicles – 25% reducing balance basis
Intangible assets amortisation policy
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Goodwill – 10% straight line basis
Other accounting policies
Assets held under hire purchase agreements are capitalised as tangible fixed assets and are depreciated over the shorter of the lease term and their useful lives. The capital element of future finance payments is included within creditors. Finance charges are allocated to accounting periods over the length of the contract and represent a constant proportion of the balance of capital repayments remaining.
£ | |
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Cost | |
At 1 April 2014 |
|
Additions |
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Disposals |
|
Revaluations |
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Transfers |
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At 31 March 2015 |
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Amortisation | |
At 1 April 2014 |
|
Charge for the year |
|
On disposals |
|
At 31 March 2015 |
|
Net book values | |
At 31 March 2015 | 6,000 |
At 31 March 2014 | 7,500 |
£ | |
---|---|
Cost | |
At 1 April 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 March 2015 |
|
Depreciation | |
At 1 April 2014 |
|
Charge for the year |
|
On disposals |
|
At 31 March 2015 |
|
Net book values | |
At 31 March 2015 | 7,487 |
At 31 March 2014 | 8,785 |