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REGISTERED NUMBER: 03894126 (England and Wales)














ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 29 FEBRUARY 2016

FOR

ACACIA CARPENTRY LIMITED

ACACIA CARPENTRY LIMITED (REGISTERED NUMBER: 03894126)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 29 FEBRUARY 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

ACACIA CARPENTRY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2016







DIRECTORS: Mr N James
Mr A Smith





SECRETARY: Mr A Smith





REGISTERED OFFICE: 13-14 Gelliwastad Road
Pontypridd
RCT
CF37 2BW





REGISTERED NUMBER: 03894126 (England and Wales)





ACCOUNTANTS: Sullivans Chartered Accountants
13-14 Gelliwastad Road
Pontypridd
Rhondda Cynon Taf
CF37 2BW
Page 1
ACACIA CARPENTRY LIMITED (REGISTERED NUMBER: 03894126)

ABBREVIATED BALANCE SHEET
29 FEBRUARY 2016

29/2/16 28/2/15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 200,389 174,655

CURRENT ASSETS
Stocks 1,200 200
Debtors 333,299 384,013
Investments 32,413 32,413
Cash at bank and in hand 210,178 582,299
577,090 998,925
CREDITORS
Amounts falling due within one year 180,188 553,444
NET CURRENT ASSETS 396,902 445,481
TOTAL ASSETS LESS CURRENT
LIABILITIES
597,291
620,136

CREDITORS
Amounts falling due after more than one
year
(82,750
)
(84,247
)

PROVISIONS FOR LIABILITIES - (569 )
NET ASSETS 514,541 535,320

CAPITAL AND RESERVES
Called up share capital 3 2 2
Profit and loss account 514,539 535,318
SHAREHOLDERS' FUNDS 514,541 535,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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 notes form part of these abbreviated accounts

Page 2 continued...
ACACIA CARPENTRY LIMITED (REGISTERED NUMBER: 03894126)

ABBREVIATED BALANCE SHEET - continued
29 FEBRUARY 2016


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 29 July 2016 and were signed on its behalf by:




Mr A Smith - Director



Mr N James - Director


The notes form part of these abbreviated accounts

Page 3
ACACIA CARPENTRY LIMITED (REGISTERED NUMBER: 03894126)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 29 FEBRUARY 2016

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
No material uncertainties that may cast significant doubt about the ability of the company to continue as a going
concern have been identified by the directors.

Therefore the financial statements have been prepared on a going concern basis.

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).

Turnover
Turnover represents the value of work, excluding value added tax, performed during the year with respect of
services provided to customers during the year.

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 - 33% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net
realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow
moving, obsolete or damaged stock where the net realisable value is less than cost.

Deferred tax
Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of
certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date,
except as required by the FRSSE.

Deferred tax is measured at the rates that are expected to apply when the timing differences are expected to
reverse, based on the tax rates and law enacted at the balance sheet date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

Page 4 continued...
ACACIA CARPENTRY LIMITED (REGISTERED NUMBER: 03894126)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2016

1. ACCOUNTING POLICIES - continued

Employee benefit trusts
The company has purchased a trust for the benefit of employees and certain of their dependants. Monies held in
these trusts are held by independent trustees and managed at their discretion.

Where the company retains future economic benefit from, and has de facto control of the assets and liabilities of
the trust, they are accounted for as assets and liabilities of the company until the earlier of the date that an
allocation of trust funds to employees in respect of past services is declared and the date that assets of the trust
vest in identified individuals.

Where monies held in a trust are determined by the company on the basis of employees' past services to the
business and the company can obtain no future economic benefit from those monies, such monies, whether in the
trust or accrued for by the company are charged to the profit and loss account in the period to which they relate.

Employer-financed retirement benefit scheme (efrbs)
The company has established trusts for the benefit of employees and persons connected with them. Monies held
in these trusts are held by independent trustees and managed at their discretion. The trustees are empowered to
provide both retirement and other employee benefits.

Where the company retains future economic benefit from, and has de facto control of the assets and liabilities of
the trust, they are accounted for as assets and liabilities of the company until the earlier of the date that an
allocation of trust funds to employees in respect of past services is declared and the date that assets of the trust
vest in identified individuals.

Where monies held in a trust are determined by the company on the basis of employees’ past services to the
business and the company can obtain no future economic benefit from those monies, such monies, whether in the
trust or accrued for by the company are charged to the profit and loss account in the period to which
they relate.

Where monies held in a trust are determined by the company on the basis of employees’ past services to the
business and are payable after completion of the employment, such monies are charged to the profit and loss
account in the period during which services are rendered by employees.

Fixed asset investments
Fixed asset unlisted investments are included at market value at the date of the balance sheet.

Fixed asset listed investments are included at market value at the date of the balance sheet.

Page 5 continued...
ACACIA CARPENTRY LIMITED (REGISTERED NUMBER: 03894126)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2016

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2015 190,042
Additions 33,649
At 29 February 2016 223,691
DEPRECIATION
At 1 March 2015 15,387
Charge for year 7,915
At 29 February 2016 23,302
NET BOOK VALUE
At 29 February 2016 200,389
At 28 February 2015 174,655

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29/2/16 28/2/15
value: £    £   
2 Ordinary 1 2 2

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Rent in the profit & loss account of £3,354 (2015: £3,380) relates to rent paid to the company directors in respect
of use of the properties.

Page 6