REGISTERED NUMBER: 06404506 (England and Wales)

Financial Statements

for the Year Ended 31 October 2017

for

A.C. PRODUCTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A M Colby

Miss S A O'Neill

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

06404506 (England and Wales)

ACCOUNTANTS:

Conroy & Lermer

Chartered Accountants

42 Lytton Road

BARNET

EN5 5BY

FIXED ASSETS

Tangible assets

4

6,346

5,136

CURRENT ASSETS

Debtors

5

-

5,224

Cash at bank

25,717

3,659

25,717

8,883

CREDITORS

Amounts falling due within one year

6

23,221

7,655

NET CURRENT ASSETS

2,496

1,228

TOTAL ASSETS LESS CURRENT LIABILITIES

8,842

6,364

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

8,742

6,264

SHAREHOLDERS' FUNDS

8,842

6,364

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 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 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 5 July 2018 and were signed on its behalf by:

Mr A M Colby - Director

1.	STATUTORY INFORMATION

A.C. Productions 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 represents net invoiced sales of services, excluding value added tax at 12% flat

rate.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its

useful economic life.

Motor vehicles - 25% on cost

Computer equipment - 20% on cost

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange

ruling at the balance sheet date. Transactions in foreign currencies are translated into

sterling at the rate of exchange ruling at the date of transaction. Exchange differences are

taken into account in arriving at the operating result.

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 2 .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Computer

property

equipment

Totals

£

£

£

COST

At 1 November 2016

8,925

-

8,925

Additions

2,210

1,249

3,459

At 31 October 2017

11,135

1,249

12,384

DEPRECIATION

At 1 November 2016

3,789

-

3,789

Charge for year

1,837

412

2,249

At 31 October 2017

5,626

412

6,038

NET BOOK VALUE

At 31 October 2017

5,509

837

6,346

At 31 October 2016

5,136

-

5,136

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Trade debtors

-

3,900

Other debtors

-

1,324

-

5,224

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Trade creditors

(1

)

-

Taxation and social security

16,562

7,533

Other creditors

6,660

122

23,221

7,655

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.17

31.10.16

value:

£

£

99

A Ordinary

£1

99

99

1

B Ordinary

£1

1

1

100

100

8.

RESERVES

Retained

earnings

£

At 1 November 2016

6,264

Profit for the year

60,365

Dividends

(57,887

)

At 31 October 2017

8,742

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr A M Colby.