Airport Capacity Solutions Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06235248 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2015

FOR

AIRPORT CAPACITY SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs B M Herriot

Mr A Herriot

SECRETARY:

Mrs B M Herriot

REGISTERED OFFICE:

Kingsnorth House

1, Blenheim Way

Kingstanding

Birmingham

B44 8LS

REGISTERED NUMBER:

06235248 (England and Wales)

ACCOUNTANTS:

Boden Piper Limited

Kingsnorth House

Blenheim Way

Birmingham

West Midlands

B44 8LS

FIXED ASSETS

Tangible assets

2

424

717

CURRENT ASSETS

Debtors

142,732

140,463

Cash at bank

5,733

14,813

148,465

155,276

CREDITORS

Amounts falling due within one year

83,829

71,480

NET CURRENT ASSETS

64,636

83,796

TOTAL ASSETS LESS CURRENT LIABILITIES

65,060

84,513

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

65,058

84,511

SHAREHOLDERS' FUNDS

65,060

84,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 15 December 2015 and were signed on its behalf by:

Mr A Herriot - 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Deferred tax

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

balance sheet date.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 May 2015

1,206

DEPRECIATION

At 1 June 2014

489

Charge for year

293

At 31 May 2015

782

NET BOOK VALUE

At 31 May 2015

424

At 31 May 2014

717

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary shares

1

2

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2015 and

31 May 2014:

2015

2014

£

£

Mrs B M Herriot

Balance outstanding at start of year

65,515

66,259

Amounts repaid

(3,340

)

(744

)

Balance outstanding at end of year

62,175

65,515

Mr A Herriot

Balance outstanding at start of year

65,515

66,259

Amounts repaid

(3,340

)

(744

)

Balance outstanding at end of year

62,175

65,515