ACAD Mapping Ltd - Abbreviated accounts

Registered number

05510581

ACAD Mapping Ltd

Abbreviated Accounts

31 July 2016

ACAD Mapping Ltd
Registered number:		05510581
Abbreviated Balance Sheet
as at 31 July 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		41,914			72,441

Current assets
Debtors		51,540			56,080
Cash at bank and in hand		10,348			14,247
		61,888			70,327

Creditors: amounts falling due within one year		(42,835)			(54,753)

Net current assets			19,053			15,574

Total assets less current liabilities			60,967			88,015

Creditors: amounts falling due after more than one year			(14,917)			(16,990)

Provisions for liabilities			(5,378)			(11,082)


Net assets			40,672			59,943

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			40,572			59,843

Shareholders' funds			40,672			59,943

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



R Godfrey
Director
Approved by the board on 20 April 2017

ACAD Mapping Ltd
Notes to the Abbreviated Accounts
for the year ended 31 July 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			25% straight line
	Motor vehicles			25% straight line

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Leasing and hire purchase commitments
	Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Rentals paid under operating leases are charged to income on a straight line basis over the lease term.


2	Tangible fixed assets					£

	Cost
	At 1 August 2015					340,464
	Additions					12,765
	At 31 July 2016					353,229

	Depreciation
	At 1 August 2015					268,023
	Charge for the year					43,292
	At 31 July 2016					311,315

	Net book value
	At 31 July 2016					41,914
	At 31 July 2015					72,441


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	A Ordinary shares	£1 each		25		25		25
	B Ordinary shares	£1 each		25		25		25
	C Ordinary shares	£1 each		25		25		25
	D Ordinary shares	£1 each		25		25		25
						100		100


4	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	M Godfrey
	Loan	-		14,690		-		14,690

		-		14,690		-		14,690