ACS Accounting (Berkshire) Limited,Ltd - AccountsLtd - Accounts

ACS Accounting (Berkshire) Limited,Ltd - AccountsLtd - Accounts

ACS ACCOUNTING (BERKSHIRE) LIMITED - Company Information

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2016-01-01 05311762 2016-12-31 05311762 2016-01-01 2016-12-31 05311762 2015-12-31 05311762 2015-01-01 2015-12-31 05311762 uk-core:WithinOneYear 2015-12-31 05311762 uk-core:WithinOneYear 2016-12-31 05311762 uk-core:ShareCapital 2016-12-31 05311762 uk-core:ShareCapital 2015-12-31 05311762 uk-core:RetainedEarningsAccumulatedLosses 2016-12-31 05311762 uk-core:RetainedEarningsAccumulatedLosses 2015-12-31 05311762 uk-bus:Director1 2016-01-01 2016-12-31 05311762 uk-core:ToolsEquipment 2016-01-01 2016-12-31 05311762 uk-core:FurnitureFittings 2016-01-01 2016-12-31 05311762 uk-core:ToolsEquipment 2015-12-31 05311762 uk-core:FurnitureFittings 2015-12-31 05311762 uk-core:FurnitureFittings 2016-12-31 05311762 uk-core:ToolsEquipment 2016-12-31 05311762 uk-core:WithinOneYear 2016-12-31 05311762 uk-core:WithinOneYear 2015-12-31 iso4217:GBP 05311762 uk-bus:AuditExemptWithAccountantsReport 2016-01-01 2016-12-31 05311762 uk-bus:FRS102 2016-01-01 2016-12-31 05311762 uk-bus:FullAccounts 2016-01-01 2016-12-31 05311762 uk-bus:PrivateLimitedCompanyLtd 2016-01-01 2016-12-31
ACS Accounting (Berkshire) Limited
Registered Number:05311762
For the year ended 31 December 2016
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2016
ACS Accounting (Berkshire) Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 December 2016
ACS Accounting (Berkshire) Limited
Statement of Financial Position
Registered Number :
05311762
£
£
2015
2016
Notes
Fixed assets
Property, plant and equipment
2,294
2,849
2
2,294
2,849
Current assets
Trade and other receivables
43,682
44,347
3
77,277
Cash and cash equivalents
59,970
104,317
120,959
Trade and other payables: amounts falling due within one
year
(84,097)
(65,738)
4
36,862
38,579
Net current assets
Total assets less current liabilities
40,873
39,711
40,873
Net assets
39,711
Capital and reserves
Called up share capital
2
2
Retained earnings
40,871
39,709
40,873
39,711
Shareholders' funds
For the year ended 31 December 2016 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 of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
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.
Mr Derek Houseman Director
These financial statements were approved and authorised for issue by the Board on 29 September 2017 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 December 2016
ACS Accounting (Berkshire) Limited
Notes to the Financial Statements
Statutory Information
ACS Accounting (Berkshire) Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 05311762.
Registered address:
Suite 3 Market House
19-21 Market Place
Wokingham
Berkshire
RG40 1AP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
3 Year Straight line
Computer equipment
5 Year Straight line
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 January 2016
5,507
3,847
1,660
1,458
802
656
Additions
At 31 December 2016
2,316
4,649
6,965
Provision for depreciation and impairment
At 01 January 2016
2,658
1,994
664
Charge for year
2,013
1,550
463
At 31 December 2016
4,671
3,544
1,127
At 31 December 2016
Net book value
1,189
1,105
2,294
At 31 December 2015
996
1,853
2,849
2 of 3
5
For the year ended 31 December 2016
ACS Accounting (Berkshire) Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2015
2016
£
£
Trade debtors
35,799
35,756
Other debtors
8,548
7,926
43,682
44,347
4. Trade and other payables: amounts falling due within one year
2015
2016
£
£
Bank loans and overdraft
616
423
Trade creditors
3,636
307
Taxation and social security
21,429
21,443
Other creditors
40,057
61,924
65,738
84,097
5. Guarantees and other financial commitments
3 of 3