REGISTERED NUMBER: 06697862 (England and Wales)

AC ADAM CUMMINS SYSTEMS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 APRIL 2012 TO 31 DECEMBER 2012

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

CURRENT ASSETS

Debtors

32,376

32,236

Cash at bank

14,069

18,155

46,445

50,391

CREDITORS

Amounts falling due within one year

(6,069

)

(10,400

)

NET CURRENT ASSETS

40,376

39,991

TOTAL ASSETS LESS CURRENT LIABILITIES

40,376

39,991

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

40,276

39,891

SHAREHOLDERS' FUNDS

40,376

39,991

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2012.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2012 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 24 March 2013 and were signed by:

A Cummins - 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 the value of services provided under contracts to the extent that there is a right to

consideration and is recorded at the value of the consideration due.

Where a contract has only been partially completed at the balance sheet date turnover represents the value of the

service provided to date based on a proportion of the total expected consideration at completion. Where

payments are received from customers in advance of services provided, the amounts are recorded as deferred

income and included as part of creditors due within one year.

Deferred tax

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

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2012

2012

value:

£

£

100

Ordinary

£1

100

100

3.	TRANSACTIONS WITH DIRECTOR

The following loan to directors subsisted during the period ended 31 December 2012 and the year ended

31 March 2012:

2012

2012

£

£

A Cummins

Balance outstanding at start of period

16,401

-

Amounts advanced

32,475

16,401

Amounts repaid

(16,500

)

-

Balance outstanding at end of period

32,376

16,401