A.C.S (Glasgow) Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: SC349179 (Scotland)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

A.C.S (GLASGOW) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs S Walker

SECRETARY:

A Walker

REGISTERED OFFICE:

563 Dumbarton Road

Glasgow

G33 6ED

REGISTERED NUMBER:

SC349179 (Scotland)

ACCOUNTANTS:

Bowmont & Company LLP

Mentieth House

29 Park Circus

Glasgow

G2 6AP

FIXED ASSETS

Intangible assets

2

23,350

23,350

Tangible assets

3

2,531

5,496

25,881

28,846

CURRENT ASSETS

Debtors

284

860

Cash at bank and in hand

21,969

7,796

22,253

8,656

CREDITORS

Amounts falling due within one year

46,724

65,448

NET CURRENT LIABILITIES

(24,471

)

(56,792

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,410

(27,946

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

1,310

(28,046

)

SHAREHOLDERS' FUNDS

1,410

(27,946

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 24 December 2014 and were signed by:

Mrs S Walker - 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

-

at variable rates on reducing balance

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

23,350

NET BOOK VALUE

At 31 March 2014

23,350

At 31 March 2013

23,350

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

14,669

DEPRECIATION

At 1 April 2013

9,173

Charge for year

2,965

At 31 March 2014

12,138

NET BOOK VALUE

At 31 March 2014

2,531

At 31 March 2013

5,496

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

1

100

100