ASC Connections (Midlands) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06844923 (England and Wales)

ASC CONNECTIONS (MIDLANDS) LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MAY 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

5

DIRECTORS:

Mr M K Smith

Mr N A McNally

Mrs J Colley

SECRETARY:

Mr M K Smith

REGISTERED OFFICE:

1st Floor

Newater House

11 Newhall Street

Birmingham

West Midlands

B3 3NY

REGISTERED NUMBER:

06844923 (England and Wales)

ACCOUNTANTS:

Ormerod Rutter Limited

Chartered Accountants

The Oakley

Kidderminster Road

Droitwich

Worcestershire

WR9 9AY

FIXED ASSETS

Tangible assets

2

591

CURRENT ASSETS

Debtors

8,123

Cash at bank and in hand

121

8,244

CREDITORS

Amounts falling due within one year

7,638

NET CURRENT ASSETS

606

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,197

CAPITAL AND RESERVES

Called up share capital

3

1,010

Profit and loss account

187

SHAREHOLDERS' FUNDS

1,197

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2016 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 28th October 2016 and were signed on its behalf by:

Mr M K Smith - Director

Mr N A McNally - 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 January 2015).

The company was dormant throughout the current year and previous year.

Tangible fixed assets

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

Computer equipment

-

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 1st June 2015

and 31st May 2016

978

DEPRECIATION

At 1st June 2015

and 31st May 2016

387

NET BOOK VALUE

At 31st May 2016

591

At 31st May 2015

591

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,000

Ordinary A Shares

£1

1,000

6

Ordinary B Shares

£1

6

4

Ordinary C Shares

£1

4

1,010

4.	ULTIMATE PARENT COMPANY

ASC Connections Group Limited is regarded by the directors as being the company's ultimate parent company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) have

been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of ASC Connections (Midlands) Limited for the year ended 31st May 2016 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of ASC Connections (Midlands) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of ASC Connections (Midlands) Limited and state those matters that we have agreed to state to the Board of Directors of ASC Connections (Midlands) Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that ASC Connections (Midlands) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of ASC Connections (Midlands) Limited. You consider that ASC Connections (Midlands) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of ASC Connections (Midlands) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.