Acre Products (Developments) Limited - Accounts to registrar (filleted) - small 18.2
Acre Products (Developments) Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| ACRE PRODUCTS (DEVELOPMENTS) LIMITED |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2018 |
| ACRE PRODUCTS (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 09560859) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| ACRE PRODUCTS (DEVELOPMENTS) LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 APRIL 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 27a Lidget Hill |
| Pudsey |
| Leeds |
| West Yorkshire |
| LS28 7LG |
| BANKERS: |
| Leicestershire |
| Leicester |
| LE87 2BB |
| ACRE PRODUCTS (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 09560859) |
| BALANCE SHEET |
| 30 APRIL 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on behalf by: |
| ACRE PRODUCTS (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 09560859) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2018 |
| 1. | STATUTORY INFORMATION |
| Acre Products (Developments) Limited is a |
| 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 |
| The financial statements are presented in sterling which is the functional currency of the company |
| rounded to the nearest pound (£). |
| Significant judgements and estimates |
| The preparation of financial statements in compliance with FRS 102 section 1A requires the use of |
| certain critical accounting estimates. It also requires management to exercise judgement in applying |
| the company's accounting policies. |
| In preparing these financial statements, the director has had to make the following judgements and |
| estimates: |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
| rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling |
| costs in bringing stocks to their present location and condition. |
| Financial instruments |
| Financial assets and financial liabilities are recognised when the company becomes a party to the |
| contractual provisions of the instrument. |
| Financial assets and liabilities are initially measured at the transaction price, except for those financial |
| assets classified as at fair value through profit or loss. |
| Basic financial instruments |
| Basic financial instruments are those with relatively straight forward terms and would normally include |
| cash, bank balances, trade debtors, trade creditors and uncomplicated bank loans. |
| Where the arrangement does not constitute a financing transaction, e.g trade debtors on normal |
| commercial terms, the debtor will be valued initially at transaction price (i.e. cost) and subsequently at |
| transaction price less impairment (if any) due to concerns over recoverability. |
| 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. |
| ACRE PRODUCTS (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 09560859) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2018 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2017 - NIL). |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| Additions |
| At 30 April 2018 |
| DEPRECIATION |
| Charge for year |
| At 30 April 2018 |
| NET BOOK VALUE |
| At 30 April 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |