Acbond Limited - Abbreviated accounts

Registered number

01041753

Acbond Limited

Abbreviated Accounts

30 June 2016

Acbond Limited
Registered number:		01041753
Abbreviated Balance Sheet
as at 30 June 2016

Notes			2016			2015
£				£
Fixed assets
Intangible assets	2		5,938			5,938
Tangible assets	3		714,683			714,114
Investments	4		6,489			6,489
			727,110			726,541

Current assets
Debtors		7,270			57,751
Cash at bank and in hand		48,788			6,975
		56,058			64,726

Creditors: amounts falling due within one year		(43,610)			(42,954)

Net current assets			12,448			21,772

Total assets less current liabilities			739,558			748,313

Creditors: amounts falling due after more than one year			(61,007)			(55,827)



Net assets			678,551			692,486

Capital and reserves
Called up share capital	5		4,971			4,971
Share premium			25,488			25,488
Profit and loss account			648,092			662,027

Shareholders' funds			678,551			692,486

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr G H Lee
Director
Approved by the board on 31 May 2017

Acbond Limited
Notes to the Abbreviated Accounts
for the year ended 30 June 2016

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Stocks
	Stock is valued at the lower of cost and net realisable value.


2	Intangible fixed assets					£

	Cost and net book value
	At 30 June 2016					5,938
	At 30 June 2015					5,938


3	Tangible fixed assets					£

	Cost
	At 1 July 2015					736,686
	Additions					451
	At 30 June 2016					737,137

	Depreciation
	At 1 July 2015					21,082
	Charge for the year					1,372
	At 30 June 2016					22,454

	Net book value
	At 30 June 2016					714,683
	At 30 June 2015					714,114


4	Investments					£

	Cost
	At 1 July 2015					6,489

	At 30 June 2016					6,489

5	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		4,971		4,971		4,971