Company Registration No. 06697883 (England and Wales)
ACBD LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
ACBD LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
ACBD LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2016
30 September 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,117
-
Current assets
Debtors
1,405
385
Investments
64,218
31,218
Cash at bank and in hand
275,722
252,181
341,345
283,784
Creditors: amounts falling due within one year
(144,308)
(124,633)
Net current assets
197,037
159,151
Total assets less current liabilities
198,154
159,151
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
198,054
159,051
Shareholders'  funds
198,154
159,151
For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 5 April 2017
Mrs A  Clancy
Director
Company Registration No. 06697883
ACBD LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 2 -
1
Accounting policies
1.1
Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover

Turnover represents amounts receivable for services net of trade discounts. Turnover is recognised on the raising of an invoice once the service is provided.

1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
33% on straight line basis
1.5
Investments
Current asset investments are stated at the lower of cost and net realisable value.
2
Fixed assets
Tangible assets
£
Cost
At 1 October 2015
1,892
Additions
1,675
At 30 September 2016
3,567
Depreciation
At 1 October 2015
1,892
Charge for the year
558
At 30 September 2016
2,450
Net book value
At 30 September 2016
1,117
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary of £1 each
100
100
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