IRIS Accounts Production v23.3.0.418 08198001 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081980012022-03-31081980012023-03-31081980012022-04-012023-03-31081980012021-03-31081980012021-04-012022-03-31081980012022-03-3108198001ns10:Originalns15:EnglandWales2022-04-012023-03-3108198001ns14:PoundSterlingns10:Original2022-04-012023-03-3108198001ns10:Originalns10:Director12022-04-012023-03-3108198001ns10:Original2022-04-012023-03-3108198001ns10:Original2023-03-3108198001ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3108198001ns10:Originalns10:SmallEntities2022-04-012023-03-3108198001ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3108198001ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3108198001ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3108198001ns10:Originalns10:FullAccounts2022-04-012023-03-3108198001ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3108198001ns10:Originalns10:OrdinaryShareClass22022-04-012023-03-3108198001ns10:Originalns10:Director22022-04-012023-03-3108198001ns10:Originalns10:RegisteredOffice2022-04-012023-03-3108198001ns10:Original2022-03-3108198001ns10:Originalns5:CurrentFinancialInstruments2023-03-3108198001ns10:Originalns5:CurrentFinancialInstruments2022-03-3108198001ns10:Originalns5:Non-currentFinancialInstruments2023-03-3108198001ns10:Originalns5:Non-currentFinancialInstruments2022-03-3108198001ns5:ShareCapitalns10:Original2023-03-3108198001ns5:ShareCapitalns10:Original2022-03-3108198001ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3108198001ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3108198001ns10:Originalns5:FurnitureFittings2022-04-012023-03-3108198001ns10:Originalns5:MotorVehicles2022-04-012023-03-3108198001ns10:Originalns5:ComputerEquipment2022-04-012023-03-3108198001ns10:Original2021-04-012022-03-3108198001ns10:Originalns5:FurnitureFittings2022-03-3108198001ns10:Originalns5:MotorVehicles2022-03-3108198001ns10:Originalns5:ComputerEquipment2022-03-3108198001ns10:Original2022-03-3108198001ns10:Originalns5:FurnitureFittings2023-03-3108198001ns10:Originalns5:MotorVehicles2023-03-3108198001ns10:Originalns5:ComputerEquipment2023-03-3108198001ns10:Originalns5:FurnitureFittings2022-03-3108198001ns10:Originalns5:MotorVehicles2022-03-3108198001ns10:Originalns5:ComputerEquipment2022-03-3108198001ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3108198001ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3108198001ns10:Originalns10:OrdinaryShareClass12023-03-3108198001ns10:Originalns10:OrdinaryShareClass22023-03-3108198001ns10:Original1ns10:Director12022-03-3108198001ns10:Original1ns10:Director12021-03-3108198001ns10:Original1ns10:Director12022-04-012023-03-3108198001ns10:Original1ns10:Director12021-04-012022-03-3108198001ns10:Original1ns10:Director12023-03-3108198001ns10:Original1ns10:Director12022-03-3108198001ns10:Originalns10:Director222022-03-3108198001ns10:Originalns10:Director222021-03-3108198001ns10:Originalns10:Director222022-04-012023-03-3108198001ns10:Originalns10:Director222021-04-012022-03-3108198001ns10:Originalns10:Director222023-03-3108198001ns10:Originalns10:Director222022-03-31
REGISTERED NUMBER: 08198001 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

ABSOLUTE ASBESTOS SURVEYS LIMITED

ABSOLUTE ASBESTOS SURVEYS LIMITED (REGISTERED NUMBER: 08198001)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ABSOLUTE ASBESTOS SURVEYS LIMITED

COMPANY INFORMATION
for the Year Ended 31 MARCH 2023







DIRECTORS: Mr S A Rowland
Mrs K Chambers





REGISTERED OFFICE: 48 College Road
Sandy
Bedfordshire
SG19 1RH





REGISTERED NUMBER: 08198001 (England and Wales)





ACCOUNTANTS: Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

ABSOLUTE ASBESTOS SURVEYS LIMITED (REGISTERED NUMBER: 08198001)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,870 2,493

CURRENT ASSETS
Debtors 6 22,283 12,355
Cash at bank and in hand 9,306 22,887
31,589 35,242
CREDITORS
Amounts falling due within one year 7 23,934 24,133
NET CURRENT ASSETS 7,655 11,109
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,525

13,602

CREDITORS
Amounts falling due after more than one
year

8

(9,000

)

(13,000

)

PROVISIONS FOR LIABILITIES (355 ) (474 )
NET ASSETS 170 128

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 70 28
SHAREHOLDERS' FUNDS 170 128

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 ASBESTOS SURVEYS LIMITED (REGISTERED NUMBER: 08198001)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2023 and were signed on its behalf by:





Mr S A Rowland - Director


ABSOLUTE ASBESTOS SURVEYS LIMITED (REGISTERED NUMBER: 08198001)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2023

1. STATUTORY INFORMATION

Absolute Asbestos Surveys Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents all amounts received and receivable in respect of goods and services supplied by the company during the year excluding value added tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

Government grants
Government grants are recognised when it is reasonable to expect that the grants will be received and that all related conditions will be met, usually on submission of a valid claim for payment.

Grants of a revenue nature are credited to income so as to match them with the expenditure to which they relate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

ABSOLUTE ASBESTOS SURVEYS LIMITED (REGISTERED NUMBER: 08198001)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2023

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Office
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 3,653 6,580 2,357 12,590
DEPRECIATION
At 1 April 2022 2,144 5,753 2,200 10,097
Charge for year 377 207 39 623
At 31 March 2023 2,521 5,960 2,239 10,720
NET BOOK VALUE
At 31 March 2023 1,132 620 118 1,870
At 31 March 2022 1,509 827 157 2,493

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 19,353 7,001
Other debtors 2,930 5,354
22,283 12,355

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,000 4,000
Trade creditors 508 758
Taxation and social security 14,670 14,430
Other creditors 4,756 4,945
23,934 24,133

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 9,000 13,000

ABSOLUTE ASBESTOS SURVEYS LIMITED (REGISTERED NUMBER: 08198001)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
50 Ordinary £1 50 50
50 Ordinary A £1 50 50
100 100

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
Mr S A Rowland
Balance outstanding at start of year 1,360 6,677
Amounts repaid (1,212 ) (5,317 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 148 1,360

Mrs K Chambers
Balance outstanding at start of year 3,994 6,776
Amounts repaid (1,212 ) (2,782 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,782 3,994