Active Business Communications Limited - Limited company - abbreviated

REGISTERED NUMBER: 04439124 (England and Wales)

ACTIVE BUSINESS COMMUNICATIONS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

M Boyle

E Liston

D Liston

C Petrou

SECRETARY:

M Gembitsky

REGISTERED OFFICE:

Active House

11 Bredbury Park Way

Bredbury Park Way, Bredbury

Stockport

SK6 2SN

REGISTERED NUMBER:

04439124 (England and Wales)

ACCOUNTANTS:

Corporate Accountancy Solutions Limited

Georges Court

Chestergate

Macclesfield

Cheshire

SK11 6DP

FIXED ASSETS

Tangible assets

2

43,563

48,715

Investments

3

2

43,565

48,717

CURRENT ASSETS

Stocks

14,193

23,559

Debtors

920,977

840,462

Cash at bank

193,996

336,126

1,129,166

1,200,147

CREDITORS

Amounts falling due within one year

980,987

1,095,177

NET CURRENT ASSETS

148,179

104,970

TOTAL ASSETS LESS CURRENT
LIABILITIES

191,744

153,687

PROVISIONS FOR LIABILITIES

3,704

3,989

NET ASSETS

188,040

149,698

CAPITAL AND RESERVES

Called up share capital

4

22

25

Capital redemption reserve

(209,988

)

(119,991

)

Profit and loss account

398,006

269,664

SHAREHOLDERS' FUNDS

188,040

149,698

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2014 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 27th February 2015 and were signed on its behalf
by:

M Boyle - Director

1.	ACCOUNTING POLICIES

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 April 2008).

Turnover

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

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 etc

-

25% on cost and 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st July 2013

207,490

Additions

9,369

At 30th June 2014

216,859

DEPRECIATION

At 1st July 2013

158,775

Charge for year

14,521

At 30th June 2014

173,296

NET BOOK VALUE

At 30th June 2014

43,563

At 30th June 2013

48,715

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1st July 2013

and 30th June 2014

2

NET BOOK VALUE

At 30th June 2014

2

At 30th June 2013

2

The company's investments at the balance sheet date in the share capital of companies include the following:

Active IT (UK) Limited

Nature of business: Provision of IT services

%

Class of shares:

holding

Ordinary

50.00

2014

2013

£

Aggregate capital and reserves

27,227

7,235

Profit/(loss) for the year

19,992

(10,415

)

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

1545

Ordinary A

£0.01

15.45

18.90

36

Ordinary B

£0.01

0.36

68

Ordinary C

£0.01

0.68

100

Ordinary D

£0.01

1.00

52

Ordinary E

£0.01

0.52

246

Ordinary F

£0.01

2.46

32

Ordinary X

£0.01

0.32

48

Ordinary Y

£0.01

0.48

64

Ordinary Z

£0.01

0.64

21.91

25.36

During the year, 345 Ordinary A shares were purchased by the company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Active Business Communications Limited for the year ended 30th June 2014 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

This report is made solely to the Board of Directors of Active Business Communications Limited, as a body, in

accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the

financial statements of Active Business Communications Limited and state those matters that we have agreed to state to

the Board of Directors of Active Business Communications Limited, as a body, in this report in accordance with AAF

2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Active Business Communications Limited has kept adequate accounting records and to

prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit

of Active Business Communications Limited. You consider that Active Business Communications Limited is exempt

from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Active Business

Communications Limited. For this reason, we have not verified the accuracy or completeness of the accounting records

or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory

financial statements.

Corporate Accountancy Solutions Limited

Georges Court

Chestergate

Macclesfield

Cheshire

SK11 6DP

27th February 2015