Abbreviated Company Accounts - ACCELERO DIRECT LIMITED

04512960 ACCELERO DIRECT LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 04512960 2015-10-01 2016-09-30 04512960 2016-09-30 04512960 2015-09-30 04512960 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 04512960 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-09-30 iso4217:GBP shares

Registered Number 04512960

ACCELERO DIRECT LIMITED

Abbreviated Accounts

30 September 2016

ACCELERO DIRECT LIMITED Registered Number 04512960

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	32,104	38,663
		32,104	38,663
Current assets
Stocks		250	250
Debtors		48,310	55,839
Cash at bank and in hand		54,420	49,937
		102,980	106,026
Creditors: amounts falling due within one year		(109,950)	(129,256)
Net current assets (liabilities)		(6,970)	(23,230)
Total assets less current liabilities		25,134	15,433
Total net assets (liabilities)		25,134	15,433
Capital and reserves
Called up share capital	3	1,200	1,200
Profit and loss account		23,934	14,233
Shareholders' funds		25,134	15,433

For the year ending 30 September 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 August 2017

And signed on their behalf by:
Karon Froggatt, Director

ACCELERO DIRECT LIMITED Registered Number 04512960

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and 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 policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies
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.

Director's transactions during the year :

Karon Froggatt
Balance outstanding at start of year (£63,969)
Amounts advanced £737
Amounts repaid (£12,000)
Balance outstanding at end of year (£75,232)

2Tangible fixed assets

	£
Cost
At 1 October 2015	192,969
Additions	3,603
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	196,572
Depreciation
At 1 October 2015	154,306
Charge for the year	10,162
On disposals	-
At 30 September 2016	164,468
Net book values
At 30 September 2016	32,104
At 30 September 2015	38,663

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 A Ordinary shares of £1 each	1,000	1,000
200 B Ordinary shares of £1 each	200	200