REGISTERED NUMBER: 05659032 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2017

FOR

ACCELECOR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R S Swift

P M Williams

SECRETARY:

P M Williams

REGISTERED OFFICE:

13 Princeton Court

53-55 Felsham Road

London

SW15 1AZ

REGISTERED NUMBER:

05659032 (England and Wales)

ACCOUNTANTS:

Kirk Rice LLP

13 Princeton Court

53 - 55 Felsham Road

Putney

London

SW15 1AZ

CURRENT ASSETS

Debtors

5

9,310

7,558

Cash at bank

20,500

21,453

29,810

29,011

CREDITORS

Amounts falling due within one year

6

(19,343

)

(14,533

)

NET CURRENT ASSETS

10,467

14,478

TOTAL ASSETS LESS CURRENT LIABILITIES

10,467

14,478

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10,367

14,378

SHAREHOLDERS' FUNDS

10,467

14,478

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 3 October 2017 and were signed on its behalf by:

R S Swift - Director

1.	STATUTORY INFORMATION

Accelecor Limited is a private company, limited by shares , registered in England and Wales. 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

The company operates the VAT flat rate scheme. Turnover represents the cost of services provided plus the difference

between (a) the VAT charged to customers and (b) that payable by the company under the flat rate scheme.

Trade marks

A trade mark acquired in the period to 31 March 2006 was amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any

accumulated amortisation and any accumulated impairment losses.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	INTANGIBLE FIXED ASSETS

Trade

marks

£

COST

At 6 April 2016

and 5 April 2017

1,538

AMORTISATION

At 6 April 2016

and 5 April 2017

1,538

NET BOOK VALUE

At 5 April 2017

-

At 5 April 2016

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

2,850

6,840

Other debtors

6,460

718

9,310

7,558

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

4,300

3,681

Other creditors

15,043

10,852

19,343

14,533

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R S Swift.