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REGISTERED NUMBER: 04097241 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

ACR LONDON LIMITED
ACR LONDON LIMITED (REGISTERED NUMBER: 04097241)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 28 February 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ACR LONDON LIMITED

COMPANY INFORMATION
For The Year Ended 28 February 2018







DIRECTORS: P Brown
S Brown





REGISTERED OFFICE: 134 - 134a Park View Road
Welling
Kent
DA16 1SJ





REGISTERED NUMBER: 04097241 (England and Wales)





ACCOUNTANTS: Robsons Accountants
19 Montpelier Avenue
Bexley
Kent
DA5 3AP
Page 1
ACR LONDON LIMITED (REGISTERED NUMBER: 04097241)

BALANCE SHEET
28 February 2018

2018 2017
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 51,491 62,056
51,491 62,056

CURRENT ASSETS
Stocks 19,127 17,576
Debtors 6 218,374 156,961
Cash at bank and in hand 770,399 670,442
1,007,900 844,979
CREDITORS
Amounts falling due within one year 7 (159,242 ) (143,971 )
NET CURRENT ASSETS 848,658 701,008
TOTAL ASSETS LESS CURRENT
LIABILITIES
900,149
763,064

CAPITAL AND RESERVES
Called up share capital 40 40
Capital redemption reserve 60 60
Retained earnings 900,049 762,964
SHAREHOLDERS' FUNDS 900,149 763,064

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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 financial statements

Page 2 continued...
ACR LONDON LIMITED (REGISTERED NUMBER: 04097241)

BALANCE SHEET - continued
28 February 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 10 July 2018 and were signed on its behalf by:




P Brown - Director



S Brown - Director


The notes form part of these financial statements

Page 3
ACR LONDON LIMITED (REGISTERED NUMBER: 04097241)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 28 February 2018

1. STATUTORY INFORMATION

ACR London Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

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 and work in progress are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Page 4 continued...
ACR LONDON LIMITED (REGISTERED NUMBER: 04097241)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 28 February 2018

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss 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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2017 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2017
and 28 February 2018 20,675
AMORTISATION
At 1 March 2017
and 28 February 2018 20,675
NET BOOK VALUE
At 28 February 2018 -
At 28 February 2017 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2017 155,539
Additions 6,600
At 28 February 2018 162,139
DEPRECIATION
At 1 March 2017 93,483
Charge for year 17,165
At 28 February 2018 110,648
NET BOOK VALUE
At 28 February 2018 51,491
At 28 February 2017 62,056

Page 5 continued...
ACR LONDON LIMITED (REGISTERED NUMBER: 04097241)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 28 February 2018

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 217,074 155,661
Other debtors 1,300 1,300
218,374 156,961

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 28,793 23,840
Tax 52,628 64,580
Social security and other taxes 5,356 3,210
VAT 68,717 48,942
Other creditors 546 477
Pension scheme 280 -
Directors' current accounts 357 357
Accrued expenses 2,565 2,565
159,242 143,971

Page 6