REGISTERED NUMBER: 05792506 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 4 APRIL 2012

FOR

ACCELERATE: CONSULTING & MANAGED

SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C A Moyden

SECRETARY:

C A Moyden

REGISTERED OFFICE:

Monxton House

7 Camp Field

Kings Somborne

Stockbridge

Hampshire

SO20 6QB

REGISTERED NUMBER:

05792506 (England and Wales)

ACCOUNTANTS:

Brent King Limited

18 Gosport Business Centre

Frater Gate

Gosport

Hampshire

PO13 0FQ

FIXED ASSETS

Tangible assets

2

-

452

CURRENT ASSETS

Debtors

7,035

37,759

Cash at bank and in hand

22,925

28,965

29,960

66,724

CREDITORS

Amounts falling due within one year

12,312

39,062

NET CURRENT ASSETS

17,648

27,662

TOTAL ASSETS LESS CURRENT LIABILITIES

17,648

28,114

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

17,646

28,112

SHAREHOLDERS' FUNDS

17,648

28,114

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 4 April 2012.

The members have not required the company to obtain an audit of its financial statements for the year ended 4 April 2012 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 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 31 January 2013 and were signed by:

C A Moyden - 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 services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

10% on cost

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 5 April 2011

906

Disposals

(906

)

At 4 April 2012

-

DEPRECIATION

At 5 April 2011

454

Eliminated on disposal

(454

)

At 4 April 2012

-

NET BOOK VALUE

At 4 April 2012

-

At 4 April 2011

452

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2012

2011

value:

£

£

2

Ordinary

1

2

2

4.	TRANSACTIONS WITH DIRECTOR

The following loan to directors subsisted during the year ended 4 April 2012 and the period ended 4 April 2011:

2012

2011

£

£

C A Moyden

Balance outstanding at start of year

36,147

-

Amounts advanced

-

36,147

Amounts repaid

(34,378

)

-

Balance outstanding at end of year

1,769

36,147

There was a loan to director at the end of the year amounting to £1,769 (2011; £36,147) , This has been repaid

after the balance sheet date by the director settling the outstanding company liabilities out of personal funds.

Interest has been paid to the company at 4% on the outstanding loan totalling £744 for the year.