Company Registration No. 03784911 (England and Wales)
ACIS Limited
Unaudited accounts
for the year ended 31 December 2021
ACIS Limited
Unaudited accounts
Contents
ACIS Limited
Company Information
for the year ended 31 December 2021
Directors
C M McCarthy
G A Dingwall
G D Kidd
A McDonald
M D J Oslar
R J Sayers
M C P Smith
Company Number
03784911 (England and Wales)
Registered Office
JWS Hopper Hill Road
Eastfield
Scarborough
North Yorkshire
YO11 3YS
Accountants
J W Smith & Co Ltd
17A Yorkersgate
Malton
N Yorks
YO17 7AA
ACIS Limited
Statement of financial position
as at 31 December 2021
Tangible assets
3,799
46,847
Cash at bank and in hand
325,746
196,207
Creditors: amounts falling due within one year
(453,099)
(234,762)
Net current assets
162,203
101,856
Total assets less current liabilities
166,004
148,705
Creditors: amounts falling due after more than one year
(45,833)
(50,000)
Called up share capital
8
8
Capital redemption reserve
7
7
Profit and loss account
120,156
98,690
Shareholders' funds
120,171
98,705
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 May 2022 and were signed on its behalf by
C M McCarthy
Director
Company Registration No. 03784911
ACIS Limited
Notes to the Accounts
for the year ended 31 December 2021
ACIS Limited is a private company, limited by shares, registered in England and Wales, registration number 03784911. The registered office is JWS Hopper Hill Road, Eastfield, Scarborough, North Yorkshire, YO11 3YS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% and 15% reducing balance
Computer equipment
33% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
ACIS Limited
Notes to the Accounts
for the year ended 31 December 2021
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2021
153,803
60,815
214,618
At 31 December 2021
153,803
60,815
214,618
At 1 January 2021
112,624
55,147
167,771
Charge for the year
41,178
1,870
43,048
At 31 December 2021
153,802
57,017
210,819
At 31 December 2021
1
3,798
3,799
At 31 December 2020
41,179
5,668
46,847
5
Investments
Subsidiary undertakings
Valuation at 1 January 2021
2
Valuation at 31 December 2021
2
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
353,350
128,362
Amounts due from group undertakings etc.
(94,281)
(80,781)
Accrued income and prepayments
20,845
88,471
7
Creditors: amounts falling due within one year
2021
2020
Trade creditors
315,527
181,426
Taxes and social security
79,889
24,086
Other creditors
(2,465)
749
8
Creditors: amounts falling due after more than one year
2021
2020
9
Average number of employees
During the year the average number of employees was 14 (2020: 8).
