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COMPANY REGISTRATION NUMBER: 07094259
Accelerate Tec Limited
Filleted Unaudited Financial Statements
31 December 2017
Accelerate Tec Limited
Financial Statements
Year ended 31 December 2017
Contents
Page
Statement of financial position
1
Notes to the financial statements
2
Accelerate Tec Limited
Statement of Financial Position
31 December 2017
2017
2016
Note
£
£
£
Current assets
Cash at bank and in hand
1,000
1,000
-------
-------
Net current assets
1,000
1,000
-------
-------
Total assets less current liabilities
1,000
1,000
-------
-------
Capital and reserves
Called up share capital
4
1,000
1,000
-------
-------
Shareholders funds
1,000
1,000
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 31 December 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 18 July 2018 , and are signed on behalf of the board by:
J O'Neill
Director
Company registration number: 07094259
Accelerate Tec Limited
Notes to the Financial Statements
Year ended 31 December 2017
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is .
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
4. Called up share capital
Issued, called up and fully paid
2017
2016
No.
£
No.
£
A Ordinary shares of £ 1 each
630
630
630
630
B Ordinary shares of £ 1 each
370
370
370
370
-------
-------
-------
-------
1,000
1,000
1,000
1,000
-------
-------
-------
-------