Accounting Connexions Ltd - Accounts to registrar (filleted) - small 17.3

Accounting Connexions Ltd - Accounts to registrar (filleted) - small 17.3


IRIS Accounts Productionv17.3.1.10604699075director1.4.1631.3.1731.3.17falsetruefalsefalsefalsetruefalseiso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure046990752016-03-31046990752017-03-31046990752016-04-012017-03-31046990752015-03-31046990752015-04-012016-03-31046990752016-03-3104699075ns15:EnglandWales2016-04-012017-03-3104699075ns14:PoundSterling2016-04-012017-03-3104699075ns10:Director12016-04-012017-03-3104699075ns10:PrivateLimitedCompanyLtd2016-04-012017-03-3104699075ns10:SmallEntities2016-04-012017-03-3104699075ns10:AuditExempt-NoAccountantsReport2016-04-012017-03-3104699075ns10:SmallCompaniesRegimeForDirectorsReport2016-04-012017-03-3104699075ns10:SmallCompaniesRegimeForAccounts2016-04-012017-03-3104699075ns10:FullAccounts2016-04-012017-03-310469907512016-04-012017-03-3104699075ns10:CompanySecretary12016-04-012017-03-3104699075ns10:RegisteredOffice2016-04-012017-03-3104699075ns5:CurrentFinancialInstruments2017-03-3104699075ns5:CurrentFinancialInstruments2016-03-3104699075ns5:ShareCapital2017-03-3104699075ns5:ShareCapital2016-03-3104699075ns5:RetainedEarningsAccumulatedLosses2017-03-3104699075ns5:RetainedEarningsAccumulatedLosses2016-03-3104699075ns5:NetGoodwill2016-04-012017-03-3104699075ns5:IntangibleAssetsOtherThanGoodwill2016-04-012017-03-3104699075ns5:NetGoodwill2016-03-3104699075ns5:NetGoodwill2017-03-3104699075ns5:NetGoodwill2016-03-31


REGISTERED NUMBER: 04699075(England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2017

for

Accounting Connexions Ltd

Accounting Connexions Ltd (Registered number: 04699075)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Accounting Connexions Ltd

Company Information
for the Year Ended 31 March 2017







DIRECTOR: K Stothard





SECRETARY: Mrs D Stothard





REGISTERED OFFICE: 85 Spring Gardens
Doncaster
South Yorkshire
DN1 3DJ





REGISTERED NUMBER: 04699075(England and Wales)





ACCOUNTANTS: Accounting Connexions Ltd
85 Spring Gardens
Doncaster
South Yorkshire
DN1 3DJ

Accounting Connexions Ltd (Registered number: 04699075)

Balance Sheet
31 March 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,812 5,562

CURRENT ASSETS
Stocks 500 500

CREDITORS
Amounts falling due within one year 5 14,586 16,320
NET CURRENT LIABILITIES (14,086 ) (15,820 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,274

)

(10,258

)

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (10,274 ) (11,258 )
SHAREHOLDERS' FUNDS (9,274 ) (10,258 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 30 January 2018and were signed by:





K Stothard- Director


Accounting Connexions Ltd (Registered number: 04699075)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

Accounting Connexions Ltd is a private company, limited by shares, registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information
page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at
cost less any accumulated amortisation and any accumulated impairment losses.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted
or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different
from those in which they are recognised in financial statements. Deferred tax is measured using tax rates
and laws that have been enacted or substantively enacted by the year end and that are expected to apply
to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Accounting Connexions Ltd (Registered number: 04699075)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of
the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1.

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2016
and 31 March 2017 15,000
AMORTISATION
At 1 April 2016 9,438
Charge for year 750
At 31 March 2017 10,188
NET BOOK VALUE
At 31 March 2017 4,812
At 31 March 2016 5,562

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Bank loans and overdrafts 6,538 7,811
Tax 1,246 1,810
Social security and other taxes 5,068 3,333
Other creditors 574 2,926
Accrued expenses 1,160 440
14,586 16,320

6. ULTIMATE CONTROLLING PARTY

During the year the company was under the control of Mrs D Stothard and Mr K Stothard.