A C B LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs C Cocker

Miss S Winsor

SECRETARY:

Miss S Winsor

REGISTERED OFFICE:

137 St Marychurch Road

Torquay

Devon

TQ1 3HW

REGISTERED NUMBER:

04369408

ACCOUNTANTS:

Barretts

Chartered Accountants &

Chartered Tax Advisers

22 Union Street

Newton Abbot

Devon

TQ12 2JS

FIXED ASSETS

Intangible assets

2

3,415

6,820

Tangible assets

3

2,826

2,816

6,241

9,636

CURRENT ASSETS

Stocks

1,500

1,500

Debtors

53,740

32,813

Cash at bank and in hand

1,419

4,222

56,659

38,535

CREDITORS

Amounts falling due within one year

61,842

47,784

NET CURRENT LIABILITIES

(5,183

)

(9,249

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,058

387

PROVISIONS FOR LIABILITIES

323

268

NET ASSETS

735

119

CAPITAL AND RESERVES

Called up share capital

4

10

10

Profit and loss account

725

109

SHAREHOLDERS' FUNDS

735

119

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 30 December 2016 and were signed on its behalf by:

Mrs C Cocker - Director

Miss S Winsor - 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).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of fifteen years.

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss

account on a straight line basis over the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

51,085

AMORTISATION

At 1 April 2015

44,265

Amortisation for year

3,405

At 31 March 2016

47,670

NET BOOK VALUE

At 31 March 2016

3,415

At 31 March 2015

6,820

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

36,697

Additions

953

At 31 March 2016

37,650

DEPRECIATION

At 1 April 2015

33,881

Charge for year

943

At 31 March 2016

34,824

NET BOOK VALUE

At 31 March 2016

2,826

At 31 March 2015

2,816

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

10

Ordinary

£1

10

10

5.	ULTIMATE PARENT COMPANY

Bay Bookkeeping & Payroll Services Ltd