Abbreviated Company Accounts - ACAL CORPORATION LIMITED

04580046 ACAL CORPORATION LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 04580046 2015-01-01 2015-12-31 04580046 2015-12-31 04580046 2014-12-31 04580046 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 04580046 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 04580046

ACAL CORPORATION LIMITED

Abbreviated Accounts

31 December 2015

ACAL CORPORATION LIMITED Registered Number 04580046

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	69,706	79,892
		69,706	79,892
Current assets
Cash at bank and in hand		46,647	27,111
		46,647	27,111
Creditors: amounts falling due within one year	3	(120,385)	(99,734)
Net current assets (liabilities)		(73,738)	(72,623)
Total assets less current liabilities		(4,032)	7,269
Total net assets (liabilities)		(4,032)	7,269
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		(5,032)	6,269
Shareholders' funds		(4,032)	7,269

For the year ending 31 December 2015 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 August 2016

And signed on their behalf by:
Ahmed Al Zaiter, Director

ACAL CORPORATION LIMITED Registered Number 04580046

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and comply with financial reporting
standards of the Accounting Standards Board.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 15% reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2015	93,991
Additions	2,115
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	96,106
Depreciation
At 1 January 2015	14,099
Charge for the year	12,301
On disposals	-
At 31 December 2015	26,400
Net book values
At 31 December 2015	69,706
At 31 December 2014	79,892

3Creditors

	2015 £	2014 £
Secured Debts	120,385	99,734

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000