REGISTERED NUMBER: SC260318 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2017

for

ACAL Systems Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr Allan Charles Smith

SECRETARY:

REGISTERED OFFICE:

9 Gogoside Drive

Largs

Ayrshire

KA30 9ND

REGISTERED NUMBER:

SC260318 (Scotland)

ACCOUNTANTS:

Flannagans - Hartlepool Office

Chartered Certified Accountants

Hub One, First Floor

Units 204 The Innovation Centre

Venture Court

Hartlepool

TS25 5TG

FIXED ASSETS

Tangible assets

4

8,979

6,174

CURRENT ASSETS

Cash at bank

20,572

22,498

CREDITORS

Amounts falling due within one year

5

25,119

26,396

NET CURRENT LIABILITIES

(4,547

)

(3,898

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,432

2,276

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

4,430

2,274

SHAREHOLDERS' FUNDS

4,432

2,276

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 28 March 2018 and were signed by:

Mr Allan Charles Smith - Director

1.	STATUTORY INFORMATION

ACAL Systems Limited is a private company, limited by shares , registered in Scotland. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2016

29,667

Additions

4,768

At 30 June 2017

34,435

DEPRECIATION

At 1 July 2016

23,493

Charge for year

1,963

At 30 June 2017

25,456

NET BOOK VALUE

At 30 June 2017

8,979

At 30 June 2016

6,174

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

-

666

Taxation and social security

24,251

24,808

Other creditors

868

922

25,119

26,396

6.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr Allan Charles Smith.

During the year the company was under the control of the director together with his associates.

The company's tax status was of a close company.

7.	GOING CONCERN

The director has reviewed a period of 12 months from approval of these financial statements and

concluded the company is able to meet all its liabilities as they fall due. As a result it is appropriate to

prepare the accounts on going concern basis.