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REGISTERED NUMBER: 06534809 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2017

for

Absolute Investment Partners Limited
Absolute Investment Partners Limited (Registered number: 06534809)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Absolute Investment Partners Limited

Company Information
for the Year Ended 31 March 2017







DIRECTOR: N Koidl





SECRETARY: C St Vincent Welsh





REGISTERED OFFICE: 10-14 Accommodation Road
Golders Green
London
NW11 8ED





REGISTERED NUMBER: 06534809 (England and Wales)





ACCOUNTANTS: Grunberg & Co Limited
Chartered Accountants
10-14 Accommodation Road
Golders Green
London
NW11 8ED
Absolute Investment Partners Limited (Registered number: 06534809)

Statement of Financial Position
31 March 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,190 1,698

CURRENT ASSETS
Debtors 5 45,387 44,139
Cash at bank 158,398 362,051
203,785 406,190
CREDITORS
Amounts falling due within one year 6 6,666 6,326
NET CURRENT ASSETS 197,119 399,864
TOTAL ASSETS LESS CURRENT
LIABILITIES

198,309

401,562

PROVISIONS FOR LIABILITIES - 340
NET ASSETS 198,309 401,222

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 197,309 400,222
SHAREHOLDERS' FUNDS 198,309 401,222

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 21 December 2017 and were signed by:




N Koidl - Director

Absolute Investment Partners Limited (Registered number: 06534809)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

Absolute Investment Partners 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. ACCOUNTING POLICIES

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

Turnover
Turnover represents net invoiced sales of services, excluding value added tax. Income is recognised when the
services are delivered to the customers.

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
Computer equipment - 33% on cost

Tangible fixed assets are stated at historical cost, less accumulated depreciation and any accumulated impairment
losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and
condition necessary for it to be capable of operating in the manner intended by management.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are
recognised in the income statement.

Financial instruments
Debtors - Short term debtors are measured at transaction price, less any impairment.

Creditors - Short term creditors are measured at transaction price.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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 Investment Partners Limited (Registered number: 06534809)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2016 3,475 5,909 9,384
Additions - 191 191
At 31 March 2017 3,475 6,100 9,575
DEPRECIATION
At 1 April 2016 1,878 5,808 7,686
Charge for year 532 167 699
At 31 March 2017 2,410 5,975 8,385
NET BOOK VALUE
At 31 March 2017 1,065 125 1,190
At 31 March 2016 1,597 101 1,698

5. DEBTORS
31.3.17 31.3.16
£    £   
Amounts falling due within one year:
Trade debtors 7,000 -
Other debtors 1,950 -
Director's current account - 2,056
Value added tax 8,773 9,846
Prepayments and accrued income 375 5,667
Taxation recoverable 26,570 26,570
44,668 44,139

Amounts falling due after more than one year:
Other debtors 719 -

Aggregate amounts 45,387 44,139

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Social security and other taxes 3,224 3,125
Other creditors 771 601
Director's current account 71 -
Accruals and deferred income 2,600 2,600
6,666 6,326
Absolute Investment Partners Limited (Registered number: 06534809)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.17 31.3.16
£    £   
Within one year 9,300 28,025
Between one and five years 8,525 -
17,825 28,025

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2017 and
31 March 2016:

31.3.17 31.3.16
£    £   
N Koidl
Balance outstanding at start of year 2,056 -
Amounts advanced - 2,056
Amounts repaid (2,056 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 2,056

9. FIRST YEAR ADOPTION

These are the first financial statements that comply with FRS 102 Section 1A small entities. The date of
transition is 1 April 2015.
No material transitional adjustments were required in equity or profit and loss for the period.

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