Abbreviated Company Accounts - ACALOR PROTECTIVE MATERIALS LIMITED

06869663 ACALOR PROTECTIVE MATERIALS LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 06869663 2015-05-01 2016-04-30 06869663 2016-04-30 06869663 2015-04-30 06869663 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 06869663 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:Director3 2015-05-01 2016-04-30 uk-gaap-cd-bus:Director3 2016-04-30 uk-gaap-cd-bus:Director3 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 06869663

ACALOR PROTECTIVE MATERIALS LIMITED

Abbreviated Accounts

30 April 2016

ACALOR PROTECTIVE MATERIALS LIMITED Registered Number 06869663

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	5,715	5,772
		5,715	5,772
Current assets
Stocks		3,900	3,700
Debtors		40,478	23,247
Cash at bank and in hand		-	3,015
		44,378	29,962
Creditors: amounts falling due within one year		(50,095)	(35,639)
Net current assets (liabilities)		(5,717)	(5,677)
Total assets less current liabilities		(2)	95
Total net assets (liabilities)		(2)	95
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(4)	93
Shareholders' funds		(2)	95

For the year ending 30 April 2016 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 27 April 2017

And signed on their behalf by:
N C Smith, Director

ACALOR PROTECTIVE MATERIALS LIMITED Registered Number 06869663

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - 5% straight line
Fixtures and fittings - 25% reducing balance

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 May 2015	9,055
Additions	516
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	9,571
Depreciation
At 1 May 2015	3,283
Charge for the year	573
On disposals	-
At 30 April 2016	3,856
Net book values
At 30 April 2016	5,715
At 30 April 2015	5,772

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2

4Transactions with directors

Name of director receiving advance or credit:	N C Smith
Description of the transaction:	Directors interest free loan
Balance at 1 May 2015:	£ 12,756
Advances or credits made:	-
Advances or credits repaid:	£ 1,963
Balance at 30 April 2016:	£ 10,793

Mr N C Smith received £1080 (2015 - £1080) during the year in respect of use of his premises for business purposes.

The amount of £10,793 (2015 £12,756) was owed by the director to the company at 30.04.16