1 September 2016 false No description of principal activity Taxfiler 2017.49.Web 06999065business:PrivateLimitedCompanyLtd2016-09-012017-08-31 069990652016-08-31 069990652016-09-012017-08-31 06999065business:AuditExempt-NoAccountantsReport2016-09-012017-08-31 06999065business:FullAccounts2016-09-012017-08-31 069990652017-08-31 06999065business:Director12016-09-012017-08-31 06999065business:RegisteredOffice2016-09-012017-08-31 069990652016-08-31 06999065core:WithinOneYear2017-08-31 06999065core:WithinOneYear2016-08-31 06999065core:ShareCapital2017-08-31 06999065core:ShareCapital2016-08-31 06999065core:RetainedEarningsAccumulatedLosses2017-08-31 06999065core:RetainedEarningsAccumulatedLosses2016-08-31 06999065business:SmallEntities2016-09-012017-08-31 06999065countries:EnglandWales2016-09-012017-08-31 06999065core:FurnitureFittings2016-09-012017-08-31 06999065core:PlantMachinery2016-08-31 06999065core:PlantMachinery2017-08-31 06999065business:OrdinaryShareClass12016-09-012017-08-31 06999065business:OrdinaryShareClass12015-09-012016-08-31 069990652015-09-012016-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06999065 (England and Wales)
Acceler Ltd Unaudited accounts for the year ended 31 August 2017
Acceler Ltd Unaudited accounts Contents
Page
- 2 -
Acceler Ltd Company Information for the year ended 31 August 2017
Director
Mr James Lay
Company Number
06999065 (England and Wales)
Registered Office
15 STONEHILL ROAD HEADLEY DOWN BORDON HAMPSHIRE GU35 8JJ
Accountants
Egertons Boyes Barn Whites Hill Owslebury Winchester Hampshire SO21 1LT
- 3 -
Acceler Ltd Statement of financial position as at 31 August 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,434 
6,434 
Current assets
Debtors
- 
4,120 
Cash at bank and in hand
4,006 
7,901 
4,006 
12,021 
Creditors: amounts falling due within one year
(23,543)
(22,514)
Net current liabilities
(19,537)
(10,493)
Net liabilities
(13,103)
(4,059)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(14,103)
(5,059)
Shareholders' funds
(13,103)
(4,059)
For the year ending 31 August 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 15 March 2018.
Mr James Lay Director Company Registration No. 06999065
- 4 -
Acceler Ltd Notes to the Accounts for the year ended 31 August 2017
1
Statutory information
Acceler Ltd is a private company, limited by shares, registered in England and Wales, registration number 06999065. The registered office is 15 STONEHILL ROAD, HEADLEY DOWN, BORDON, HAMPSHIRE, GU35 8JJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 August 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2015. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on Cost
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
- 5 -
Acceler Ltd Notes to the Accounts for the year ended 31 August 2017
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2016
14,969 
At 31 August 2017
14,969 
Depreciation
At 1 September 2016
8,535 
At 31 August 2017
8,535 
Net book value
At 31 August 2017
6,434 
At 31 August 2016
6,434 
5
Debtors
2017 
2016 
£ 
£ 
Trade debtors
- 
4,120 
6
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Trade creditors
2,430 
2,546 
Taxes and social security
750 
4,562 
Loans from directors
18,863 
15,000 
Accruals
1,500 
406 
23,543 
22,514 
7
Share capital
2017 
2016 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Average number of employees
During the year the average number of employees was 1 (2016: 1).
- 6 -