REGISTERED NUMBER: 02321615 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

A.c.r. Batching Systems (UK) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

C Roberts

SECRETARY:

C Roberts

REGISTERED OFFICE:

64 Brown Avenue

Church Lawton

Stoke On Trent

Staffordshire

ST7 3EP

REGISTERED NUMBER:

02321615 (England and Wales)

ACCOUNTANTS:

Banks Sheridan

Datum House

Electra Way

Crewe

Cheshire

CW1 6ZF

FIXED ASSETS

Tangible assets

5

1,135

1,717

CURRENT ASSETS

Debtors

6

47,005

18,480

Cash at bank

30,104

10,930

77,109

29,410

CREDITORS

Amounts falling due within one year

7

(59,127

)

(23,537

)

NET CURRENT ASSETS

17,982

5,873

TOTAL ASSETS LESS CURRENT LIABILITIES

19,117

7,590

PROVISIONS FOR LIABILITIES

8

(420

)

(674

)

NET ASSETS

18,697

6,916

CAPITAL AND RESERVES

Called up share capital

125,000

125,000

Retained earnings

(106,303

)

(118,084

)

SHAREHOLDERS' FUNDS

18,697

6,916

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director on 9 November 2018 and were signed by:

C Roberts - Director

1.	STATUTORY INFORMATION

A.c.r. Batching Systems (UK) Limited ('The Company') is primarily engaged in concrete batching machinery

supplies.

The company is a private company limited by shares and is incorporated in England and Wales. The address of

the principal place of business and of the registered office is 64 Brown Avenue, Church Lawton, Stoke On Trent,

Staffordshire, ST7 3EP. The registered number can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£). Monetary amounts in these

financial statements are rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Summary of significant accounting policies

The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation

The financial statements are prepared on the going concern basis under the historical cost convention and comply

with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern

No other material uncertainties that may cast significant doubt about the ability of the company to continue as a

going concern have been identified by the director.

On this basis the director considers it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts

receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership

have transferred to them.

Tangible fixed assets

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

Improvements to property

-

15% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the end of the financial year.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the end of

the financial year.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

Warranty provision

A warranty provision is included to cover the labour and materials element of warranty work outstanding at the

balance sheet date.

Impairment of assets

Assets not measured at fair value are reviewed for any indications that the asset may be impaired at each

statement of financial position date. If such indications exists the recoverable amount of the asset or the assets

cash generating unit is estimated and compared to the carrying amount. Where the carrying amount exceeds its

recoverable amount, an impairment loss is recognised unless the asset is carried at a revalued amount where the

impairment loss is a revaluation decrease.

Any losses arising from impairment are recognised in the Statement of Comprehensive Income under the

appropriate heading.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2017

and 31 March 2018

33,523

6,551

5,684

3,761

49,519

DEPRECIATION

At 1 April 2017

33,142

6,293

5,253

3,114

47,802

Charge for year

381

39

65

97

582

At 31 March 2018

33,523

6,332

5,318

3,211

48,384

NET BOOK VALUE

At 31 March 2018

-

219

366

550

1,135

At 31 March 2017

381

258

431

647

1,717

6.

DEBTORS

2018

2017

£

£

Amounts falling due within one year:

Trade debtors

41,278

17,863

Tax

-

617

41,278

18,480

Amounts falling due after more than one year:

Deferred tax asset

5,727

-

Aggregate amounts

47,005

18,480

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

40,594

9,081

Amounts owed to group undertakings

10,716

7,966

Tax

1

-

Social security and other taxes

39

37

VAT

2,657

1,175

Directors' current account

3,590

3,648

Accrued expenses

1,530

1,630

59,127

23,537

Amounts owed to group undertakings are unsecured, interest free and payable on demand.

8.	PROVISIONS FOR LIABILITIES

2018

2017

£

£

Deferred tax

-

254

Warranty provision

420

420

420

674

Deferred

Other

tax

provisions

£

£

Balance at 1 April 2017

254

420

Movement in the year

(254

)

-

Balance at 31 March 2018

-

420

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The director has a loan account with the company which has been in credit throughout the year. The amount due

to the director at the balance sheet date was £3,590 and is disclosed in creditors. No interest was charged on the

director's loan account in the year.

10.	RELATED PARTY DISCLOSURES

Transactions with related parties during the year and balances outstanding at the end of the reporting period were

as follows:

Parent company:

2018

2017

£

£

Amounts due to entities

10,716

7,966