REGISTERED NUMBER: 04758402 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

ACACIA TAXIS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs S M Thompson

Mr R S Thompson

SECRETARY:

Mr R S Thompson

REGISTERED OFFICE:

South View

Ocean Road

Barrow In Furness

Cumbria

LA14 3HN

BUSINESS ADDRESS:

54 Crellin Street

Barrow in Furness

Cumbria

LA14 1DS

REGISTERED NUMBER:

04758402 (England and Wales)

ACCOUNTANTS:

J F Hornby & Co

Chartered Accountants

The Tower

Daltongate Business Centre

Daltongate

Ulverston

Cumbria

LA12 7AJ

BANKERS:

National Westminster Bank plc

113 Dalton Road

Barrow-in-Furness

Cumbria

LA14 1WY

FIXED ASSETS

Intangible assets

2

43,939

51,199

Tangible assets

3

183,808

182,154

227,747

233,353

CURRENT ASSETS

Debtors

32,046

32,206

Prepayments and accrued income

8,026

11,578

Cash in hand

2,000

2,500

42,072

46,284

CREDITORS

Amounts falling due within one year

4

139,896

237,824

NET CURRENT LIABILITIES

(97,824

)

(191,540

)

TOTAL ASSETS LESS CURRENT LIABILITIES

129,923

41,813

CREDITORS

Amounts falling due after more than one year

4

129,709

25,982

NET ASSETS

214

15,831

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

114

15,731

SHAREHOLDERS' FUNDS

214

15,831

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 June 2017 and were signed on its behalf by:

Mr R S Thompson - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the going concern basis the directors having agreed to continue

to support the company.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

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

Motor vehicles

-

25% on cost and 20% on cost

Computer equipment

-

25% on cost

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

105,188

AMORTISATION

At 1 October 2015

53,989

Amortisation for year

7,260

At 30 September 2016

61,249

NET BOOK VALUE

At 30 September 2016

43,939

At 30 September 2015

51,199

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

642,546

Additions

46,320

Disposals

(117,023

)

At 30 September 2016

571,843

DEPRECIATION

At 1 October 2015

460,392

Charge for year

44,146

Eliminated on disposal

(116,503

)

At 30 September 2016

388,035

NET BOOK VALUE

At 30 September 2016

183,808

At 30 September 2015

182,154

4.

CREDITORS

Creditors include an amount of £ 200,583 (30.9.15 - £ 89,607 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

£

100

Ordinary

1

100

100

6.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr R S and Mrs S M Thompson.