REGISTERED NUMBER: 05937672 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

ACACIA GROUNDCARE EQUIPMENT RENTAL

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D G Hudson

R R Patel

SECRETARY:

Ellis Atkins Secretaries Limited

REGISTERED OFFICE:

1 Paper Mews

330 High Street

Dorking

Surrey

RH4 2TU

REGISTERED NUMBER:

05937672 (England and Wales)

ACCOUNTANTS:

Ellis Atkins

Chartered Accountants

1 Paper Mews

330 High Street

Dorking

Surrey

RH4 2TU

FIXED ASSETS

Intangible assets

2

44,583

49,583

Tangible assets

3

495,024

549,150

539,607

598,733

CURRENT ASSETS

Stocks

165,951

116,826

Debtors

211,268

116,721

Cash at bank

40,025

34,576

417,244

268,123

CREDITORS

Amounts falling due within one year

4

385,606

333,569

NET CURRENT ASSETS/(LIABILITIES)

31,638

(65,446

)

TOTAL ASSETS LESS CURRENT LIABILITIES

571,245

533,287

CREDITORS

Amounts falling due after more than one year

4

852,360

875,133

NET LIABILITIES

(281,115

)

(341,846

)

CAPITAL AND RESERVES

Called up share capital

5

100,000

100,000

Profit and loss account

(381,115

)

(441,846

)

SHAREHOLDERS' FUNDS

(281,115

)

(341,846

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 10 April 2017 and were signed on its behalf by:

D G Hudson - Director

R R Patel - Director

1.	ACCOUNTING POLICIES

Going concern

These accounts have been prepared on the going concern basis on the assumption that the company will continue

to receive the support of its directors.

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).

Turnover

Turnover represents invoiced charges for goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

over the term of the lease

Plant and machinery

-

between 10% and 50% on cost

Fixtures and fittings

-

between 10% and 50% on cost

Motor vehicles

-

between 10% and 50% on cost

Stocks

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

moving items.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

50,000

AMORTISATION

At 1 October 2015

417

Amortisation for year

5,000

At 30 September 2016

5,417

NET BOOK VALUE

At 30 September 2016

44,583

At 30 September 2015

49,583

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

1,075,393

Additions

68,798

Disposals

(80,736

)

At 30 September 2016

1,063,455

DEPRECIATION

At 1 October 2015

526,243

Charge for year

101,590

Eliminated on disposal

(59,402

)

At 30 September 2016

568,431

NET BOOK VALUE

At 30 September 2016

495,024

At 30 September 2015

549,150

4.

CREDITORS

Creditors include an amount of £ 36,458 (30/9/15 - £ 67,708 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/9/16

30/9/15

value:

£

£

100,000

Ordinary

£1

100,000

100,000