REGISTERED NUMBER: 04614903 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

ACADEMY DECORATING CONTRACTORS

(ESSEX) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr J Burland

SECRETARY:

Mrs J Burland

REGISTERED OFFICE:

12 High Street

Stanford le Hope

Essex

SS17 0EY

REGISTERED NUMBER:

04614903 (England and Wales)

ACCOUNTANTS:

Elliott, Mortlock, Busby & Co Limited

Chartered Certified Accountants

12 High Street

Stanford le Hope

Essex

SS17 0EY

FIXED ASSETS

Tangible assets

2

17,255

3,937

CURRENT ASSETS

Stocks

500

500

Debtors

43,599

35,282

Cash at bank

10,161

61

54,260

35,843

CREDITORS

Amounts falling due within one year

3

47,478

48,557

NET CURRENT ASSETS/(LIABILITIES)

6,782

(12,714

)

TOTAL ASSETS LESS CURRENT LIABILITIES

24,037

(8,777

)

CREDITORS

Amounts falling due after more than one year

3

(4,259

)

-

PROVISIONS FOR LIABILITIES

(3,450

)

(529

)

NET ASSETS/(LIABILITIES)

16,328

(9,306

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

16,228

(9,406

)

SHAREHOLDERS' FUNDS

16,328

(9,306

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 29 March 2017 and were signed by:

Mr J Burland - Director

1.	ACCOUNTING POLICIES

Basis of preparation of accounts

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 all amounts received and receivable in respect of goods and services supplied by the company

during the year excluding value added tax and trade discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and equipment

-

25% on reducing balance

Motor vehicles

-

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 taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of

certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing

differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are

recognised only to the extent that the directors consider that it is more likely than not that they will be recovered

against the reversal of deferred tax liabilities or other future taxable profits. Deferred taxation is measured on a

non-discounted basis at the average tax rates that would apply when the timing differences are expected to reverse,

based on tax rates and laws that have been enacted by 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

26,651

Additions

18,511

Disposals

(17,168

)

At 30 September 2016

27,994

DEPRECIATION

At 1 October 2015

22,714

Charge for year

3,846

Eliminated on disposal

(15,821

)

At 30 September 2016

10,739

NET BOOK VALUE

At 30 September 2016

17,255

At 30 September 2015

3,937

3.

CREDITORS

Creditors include an amount of £ 7,539 for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100