Atlantic Cleaning Centre Co Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01613307 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Atlantic Cleaning Centre Co Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P M Nugent

T E Nugent

SECRETARY:

T E Nugent

REGISTERED OFFICE:

49/50 Bedford Place

Southampton

SO15 2DG

REGISTERED NUMBER:

01613307 (England and Wales)

ACCOUNTANTS:

Arlington Accountants Limited

Unit C Anchor House

School Lane

Chandlers ford

Eastleigh

Hampshire

SO53 4DY

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

1,263,087

1,264,750

1,263,087

1,264,750

CURRENT ASSETS

Stocks

8,500

5,000

Debtors

145,553

161,672

Cash at bank

62,849

75,362

216,902

242,034

CREDITORS

Amounts falling due within one year

4

174,015

127,303

NET CURRENT ASSETS

42,887

114,731

TOTAL ASSETS LESS CURRENT LIABILITIES

1,305,974

1,379,481

CREDITORS

Amounts falling due after more than one year

4

(208,916

)

(320,035

)

PROVISIONS FOR LIABILITIES

(6,902

)

(5,880

)

NET ASSETS

1,090,156

1,053,566

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

1,090,056

1,053,466

SHAREHOLDERS' FUNDS

1,090,156

1,053,566

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 9 September 2015 and were signed on its behalf by:

P M Nugent - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents the value, net of value added tax and discounts, of goods provided and work carried out in

respect of services provided to customers.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised over its

estimated economic life of 5 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

15% on cost and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

70,000

AMORTISATION

At 1 July 2014

and 30 June 2015

70,000

NET BOOK VALUE

At 30 June 2015

-

At 30 June 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

1,702,961

Additions

12,600

At 30 June 2015

1,715,561

DEPRECIATION

At 1 July 2014

438,211

Charge for year

14,263

At 30 June 2015

452,474

NET BOOK VALUE

At 30 June 2015

1,263,087

At 30 June 2014

1,264,750

4.

CREDITORS

Creditors include an amount of £ 231,313 (2014 - £ 344,462 ) for which security has been given.

They also include the following debts falling due in more than five years:

2015

2014

£

£

Repayable by instalments

105,731

207,892

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100