REGISTERED NUMBER: 03814042 (England and Wales)

AAC Business Consultancy Limited

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2016

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

808,746

807,538

Investments

3

-

-

808,746

807,538

CURRENT ASSETS

Debtors

10,141

19,592

Cash at bank

7,737

11,666

17,878

31,258

CREDITORS

Amounts falling due within one year

4

239,468

180,475

NET CURRENT LIABILITIES

(221,590

)

(149,217

)

TOTAL ASSETS LESS CURRENT LIABILITIES

587,156

658,321

CREDITORS

Amounts falling due after more than one year

4

573,265

625,093

NET ASSETS

13,891

33,228

CAPITAL AND RESERVES

Called up share capital

5

39,256

39,256

Share premium

1,553

1,553

Revaluation reserve

(193,155

)

(193,155

)

Capital redemption reserve

11,581

11,581

Profit and loss account

154,656

173,993

SHAREHOLDERS' FUNDS

13,891

33,228

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 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 6 December 2016 and were signed on its behalf by:

A M Elshout - 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 January 2015).

Preparation of consolidated financial statements

The financial statements contain information about AAC Business Consultancy Limited as an individual

company and do not contain consolidated financial information as the parent of a group. The company has

taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial

statements.

Turnover

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

Tangible fixed assets

Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation. Depreciation is

provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its

expected useful life, as follows:

Freehold land

Nil

Freehold/leasehold buildings

20% straight line

Plant and machinery

20% straight line

Computer equipment

33% - 50% straight line

Motor vehicles

33% straight line

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.

Leasing and hire purchase commitments

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and

depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are

included in creditors net of the finance charge allocated to future periods. The finance element of the rental

payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net

obligation outstanding in each period.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

878,800

Additions

3,135

Disposals

(10,901

)

At 31 August 2016

871,034

DEPRECIATION

At 1 September 2015

71,262

Charge for year

1,927

Eliminated on disposal

(10,901

)

At 31 August 2016

62,288

NET BOOK VALUE

At 31 August 2016

808,746

At 31 August 2015

807,538

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 September 2015

and 31 August 2016

2

PROVISIONS

At 1 September 2015

and 31 August 2016

2

NET BOOK VALUE

At 31 August 2016

-

At 31 August 2015

-

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

AAC Plastics Limited

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2016

2015

£

£

Aggregate capital and reserves

2

2

AAC Plastics Limited has a financial year end of 31 August, in line with AAC Business Consultancy Limited.

4.

CREDITORS

Creditors include an amount of £ 625,170 (2015 - £ 675,598 ) for which security has been given.

They also include the following debts falling due in more than five years:

2016

2015

£

£

Repayable by instalments

340,680

398,781

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

39,256

Ordinary

£1

39,256

39,256

6.	ULTIMATE PARENT COMPANY

Ensco 524 Limited is regarded by the directors as being the company's ultimate parent company.