REGISTERED NUMBER: 05629295 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 December 2016

for

ACA Bar Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M M Green

SECRETARY:

B Thompson

REGISTERED OFFICE:

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

REGISTERED NUMBER:

05629295 (England and Wales)

ACCOUNTANTS:

Hunt Ford & Co

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

FIXED ASSETS

Tangible assets

3

2,785

1,910

CURRENT ASSETS

Stocks

3,540

4,320

Cash at bank and in hand

20,465

10,423

24,005

14,743

CREDITORS

Amounts falling due within one year

4

29,418

34,921

NET CURRENT LIABILITIES

(5,413

)

(20,178

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,628

)

(18,268

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(2,630

)

(18,270

)

SHAREHOLDERS' FUNDS

(2,628

)

(18,268

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 September 2017 and were signed by:

M M Green - Director

J G Knill - Director

1.	STATUTORY INFORMATION

ACA Bar Management 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

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2016

4,725

2,372

1,092

8,189

Additions

-

1,135

400

1,535

At 31 December 2016

4,725

3,507

1,492

9,724

DEPRECIATION

At 1 January 2016

3,278

2,055

946

6,279

Charge for year

361

219

80

660

At 31 December 2016

3,639

2,274

1,026

6,939

NET BOOK VALUE

At 31 December 2016

1,086

1,233

466

2,785

At 31 December 2015

1,447

317

146

1,910

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/16

31/12/15

£

£

Trade creditors

13,121

8,265

Taxation and social security

460

4,410

Other creditors

15,837

22,246

29,418

34,921

Other creditors include £15,682 representing the current account balance with Ashford (Middlesex)

Community Association, which has been formalised by way of an interest bearing loan agreement

with regular repayments over five years. (2015 £14,579)

5.	ULTIMATE CONTROLLING PARTY

Ultimate control rests with Ashford ( Middlesex ) Community Association. (Registered charity number

305122)