Absolute AW Limited - Filleted accounts

Registered number

09419201

Absolute AW Limited

Filleted Accounts

31 March 2025

Absolute AW Limited
Registered number:		09419201
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		-			114,042

Current assets
Cash at bank and in hand		31,151			45,602

Creditors: amounts falling due within one year	4	(19,542)			(58,169)

Net current assets/(liabilities)			11,609			(12,567)

Total assets less current liabilities			11,609			101,475

Provisions for liabilities			-			(21,668)


Net assets			11,609			79,807

Capital and reserves
Called up share capital			4,000			4,000
Profit and loss account			7,609			75,807

Shareholders' funds			11,609			79,807

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr J Warwick
Director
Approved by the board on 24 September 2025

Absolute AW Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicles			20% reducing balance
	Plant and machinery			20% reducing balance
	Fixtures and fittings			20% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		2


3	Tangible fixed assets
		Motor Vehicles		Plant and machinery etc		Fixtures and Fittings		Total
£			£		£		£
	Cost
	At 1 April 2024	147,251		2,106		5,947		155,304
	Disposals	(147,251)		(2,106)		(5,947)		(155,304)
	At 31 March 2025	-		-		-		-

	Depreciation
	At 1 April 2024	35,650		1,695		3,917		41,262
	Charge for the year	16,740		62		305		17,107
	On disposals	(52,390)		(1,757)		(4,222)		(58,369)
	At 31 March 2025	-		-		-		-

	Net book value
	At 31 March 2025	-		-		-		-
	At 31 March 2024	111,601		411		2,030		114,042


4	Creditors: amounts falling due within one year					2025		2024
£							£

	Taxation and social security costs					5,905		2,928
	Other creditors					13,637		55,241
						19,542		58,169


5	Events after the reporting date

	There have been no known events since the balance sheet date which require disclosure or which would materially affect the amounts in the accounts, other than those already disclosed or included in the accounts.



6	Pension commitments

	There are no known pension commitments which require disclosure or which would materially affect the amounts in the accounts, other than those already disclosed or included in the accounts.


7	Contingent liabilities

	There are no known contingent liabilities which require disclosure or which would materially affect the amounts in the accounts, other than those already disclosed or included in the accounts.


8	Related party transactions

	As at 31st March 2025 the Company owed the director £12,397. Dividends of £1000 were paid during the year.


9	Controlling party

	The ultimate controlling party is Mr J Warwick.


10	Other information

	Absolute AW Limited is a private company limited by shares and incorporated in England. Its registered office is:
	285 Whitefields Road
	Sollihull
	West Midlands
	B91 3PA