041270822015-04-012016-03-31falsetruehttp://www.companieshouse.gov.uk/2015-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-03-31http://www.companieshouse.gov.uk/cd:Director12015-04-012016-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2016-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2015-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2016-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-04-012016-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-04-012016-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-03-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2015-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2015-04-012016-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-03-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2016-03-31http://www.companieshouse.gov.uk/pt:PositiveGoodwill2015-04-012016-03-31http://www.companieshouse.gov.uk/2014-04-012015-03-31http://www.companieshouse.gov.uk/2015-04-012016-03-31http://www.companieshouse.gov.uk/2015-03-31http://www.companieshouse.gov.uk/2016-03-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-04-012016-03-31iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 04127082

AAC (Southern) Limited

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

Prepared By:

Binks

Chartered Accountants

84 Manor Road

Lancing

West Sussex

BN15 0HD

AAC (Southern) Limited

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 March 2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet		2
Notes to the Abbreviated Accounts		3
The company's registered number is 04127082

AAC (Southern) Limited

Registered Number: 04127082
BALANCE SHEET AT 31 MARCH 2016
						2016				2015
		Notes				£				£
FIXED ASSETS
Tangible assets		3				1,290				1,720
CURRENT ASSETS
Stock				914				15,021
Debtors (amounts falling due within one year)		4		46,824				38,279
Cash at bank and in hand				1				1
				47,739				53,301
CREDITORS: Amounts falling due within one year				38,082				53,358
NET CURRENT ASSETS / (LIABILITIES)						9,657				(57)
TOTAL ASSETS LESS CURRENT LIABILITIES						10,947				1,663
CAPITAL AND RESERVES
Called up share capital		5				200				200
Profit and loss account						10,747				1,463
SHAREHOLDERS' FUNDS						10,947				1,663
For the year ending 31 March 2016 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 11 November 2016 and signed on their behalf by
Mr B Boggis
Director

AAC (Southern) Limited

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery		25%
Commercial Vehicles		25%

1c. Stocks

Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.

1d. Taxation

Corporation tax payable is provided on taxable profits at the current rates.

Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.

1e. Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

1f. Goodwill

Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

AAC (Southern) Limited

2. INTANGIBLE FIXED ASSETS
		Purchased
		Goodwill		Total
		£		£
Cost
At 1 April 2015		7,250		7,250
At 31 March 2016		7,250		7,250
Depreciation
At 1 April 2015		7,250		7,250
At 31 March 2016		7,250		7,250
Net Book Amounts
At 31 March 2016		-		-

3. TANGIBLE FIXED ASSETS
		Plant and		Commercial
		Machinery		Vehicles		Total
		£		£		£
Cost
At 1 April 2015		9,081		14,321		23,402
At 31 March 2016		9,081		14,321		23,402
Depreciation
At 1 April 2015		8,006		13,676		21,682
For the year		269		161		430
At 31 March 2016		8,275		13,837		22,112
Net Book Amounts
At 31 March 2016		806		484		1,290
At 31 March 2015		1,075		645		1,720

4. DEBTORS				2016		2015
				£		£
Amounts falling due within one year:
Trade debtors				46,824		38,279
				46,824		38,279

AAC (Southern) Limited

5. SHARE CAPITAL				2016		2015
				£		£
Allotted, issued and fully paid:
200 Ordinary shares of £1 each				200		200
				200		200

6. TRANSACTIONS WITH DIRECTORS

During the year the company paid dividends of £5,290 to Mr B Boggis by virtue of Mr Boggis' interest in the company's ordinary share capital.

During the year the company paid dividends of £15,871 to Mrs I Boggis by virtue of Mrs Boggis' interest in the company's ordinary share capital.