Abbreviated Company Accounts - A.C.S. RECRUITMENT CONSULTANTS LIMITED

A.C.S. RECRUITMENT CONSULTANTS LIMITED Registered Number 01777868

Abbreviated Balance Sheet as at 30 September 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	15,762	24,665
Investments	3	13,699	13,699
		29,461	38,364
Current assets
Debtors		26,791	39,620
Cash at bank and in hand		60,888	102,449
		87,679	142,069
Creditors: amounts falling due within one year		(111,617)	(139,510)
Net current assets (liabilities)		(23,938)	2,559
Total assets less current liabilities		5,523	40,923
Provisions for liabilities		(2,803)	(3,715)
Total net assets (liabilities)		2,720	37,208
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		2,620	37,108
Shareholders' funds		2,720	37,208

For the year ending 30 September 2013 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 June 2014

And signed on their behalf by:
H M C Rutherford, Director
I D Hamilton-Burke, Director

A.C.S. RECRUITMENT CONSULTANTS LIMITED Registered Number 01777868

Notes to the Abbreviated Accounts for the period ended 30 September 2013

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting Convention

The financial statements are prepared under the historical cost convention.

The company is reliant upon the support of ACS Holdings Limited, its parent company, for its day to day working capital requirements. The directors consider that this support will continue and therefore directors consider it appropriate to prepare the financial statements on a going concern basis.

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

Turnover policy
Turnover represents the amount derived from the provision of services falling within the company's activities after the deduction of trade discounts and value added tax. Turnover is recognised when the services are physically received by the customer.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciated is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings leasehold 2 on cost
Computer equipment 33% on cost
Fixtures, fitting & equipment 15% reducing balance
Motor vehicles 25% on cost

Other accounting policies
Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Deferred Taxation

Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Tangible fixed assets

	£
Cost
At 1 October 2012	97,744
Additions	641
Disposals	(14,590)
Revaluations	-
Transfers	-
At 30 September 2013	83,795
Depreciation
At 1 October 2012	73,079
Charge for the year	9,543
On disposals	(14,589)
At 30 September 2013	68,033
Net book values
At 30 September 2013	15,762
At 30 September 2012	24,665

3Fixed assets Investments
The market value of the assets at 30 September 2013 was £17,057.

4Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100