Acting Up Associates Limited 06155009 false true 2014-10-01 2015-09-30 2015-09-30 06155009 2014-10-01 2015-09-30 06155009 2015-09-30 06155009 uk-bus:OrdinaryShareClass1 2015-09-30 06155009 uk-bus:Director2 2014-10-01 2015-09-30 06155009 uk-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 06155009 uk-gaap:FixturesFittingsToolsEquipment 2014-10-01 2015-09-30 06155009 uk-gaap:OfficeEquipment 2014-10-01 2015-09-30 06155009 2014-09-30 06155009 2014-09-30 06155009 uk-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP xbrli:shares

Registration number: 06155009

Acting Up Associates Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2015
 

 

Acting Up Associates Limited
Contents

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2 to 3

 

Acting Up Associates Limited
(Registration number: 06155009)
Abbreviated Balance Sheet at 30 September 2015

 

Note

    

2015
£

    

2014
£

  

Fixed assets

  

   

   

 

Tangible fixed assets

  

2

   

13,876

   

1,808

 

Current assets

  

   

   

 

Stocks

  

   

31,826

   

30,923

 

Debtors

  

   

3,189

   

3,947

 

Cash at bank and in hand

  

   

6,345

   

10,233

 

 

   

41,360

   

45,103

 

Creditors: Amounts falling due within one year

  

   

(39,845)

   

(34,145)

 

Net current assets

  

   

1,515

   

10,958

 

Net assets

  

   

15,391

   

12,766

 

Capital and reserves

  

   

   

 

Called up share capital

 

3

   

10

   

10

 

Profit and loss account

  

   

15,381

   

12,756

 

Shareholders' funds

  

   

15,391

   

12,766

 

For the year ending 30 September 2015 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 23 June 2016 and signed on its behalf by:


 Mrs M Meigh
 Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

 

Acting Up Associates Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

25% reducing balance

Office equipment

25% reducing balance

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

2

Fixed assets

 

Tangible assets
£

    

Total
£

  

Cost

  

   

 

At 1 October 2014

  

3,081

    

3,081

  

Additions

  

16,697

    

16,697

  

At 30 September 2015

  

19,778

    

19,778

  

Depreciation

  

   

 

At 1 October 2014

  

1,273

    

1,273

  

Charge for the year

  

4,629

    

4,629

  

At 30 September 2015

  

5,902

    

5,902

  

Net book value

  

   

 

At 30 September 2015

  

13,876

   

13,876

 

At 30 September 2014

  

1,808

   

1,808

 

Page 2

 

Acting Up Associates Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued

3

Share capital

Allotted, called up and fully paid shares

 

2015

2014

   

No.

   

£

   

No.

   

£

 

Ordinary share of £1 each

 

10

   

10

   

10

   

10

 
                         

Page 3