REGISTERED NUMBER: 07382926 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

Accelright Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Director:

Faisal Mahmood

Registered office:

10th Floor

1 Canada Square

Canary Wharf

London

E14 5AA

Registered number:

07382926 (England and Wales)

Accountants:

K&B Accountancy Group

10th Floor

1 Canada Square

Canary Wharf

London

E14 5AA

Fixed assets

Tangible assets

2

6,520

8,693

Current assets

Debtors

-

11,784

Cash at bank

185,276

126,695

185,276

138,479

Creditors

Amounts falling due within one year

(34,266

)

(29,434

)

Net current assets

151,010

109,045

Total assets less current liabilities

157,530

117,738

Capital and reserves

Called up share capital

3

100

100

Profit and loss account

157,430

117,638

Shareholders' funds

157,530

117,738

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 14 June 2017 and were signed by:

Faisal Mahmood - 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.

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

2.	Tangible fixed assets

Total

£

COST

At 1 October 2015

and 30 September 2016

13,202

DEPRECIATION

At 1 October 2015

4,509

Charge for year

2,173

At 30 September 2016

6,682

NET BOOK VALUE

At 30 September 2016

6,520

At 30 September 2015

8,693

3.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/9/16

30/9/15

value:

£

£

100

Ordinary

1

100

100