A C Automotive Consultancy Limited - Period Ending 2014-03-31

A C Automotive Consultancy Limited

trading as A C Automotive Consultancy Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2014

Booth & Co
Chartered Certified Accountants
55 Crown Street
Brentwood
Essex
CM14 4BD

A C Automotive Consultancy Limited
trading as A C Automotive Consultancy Ltd
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
A C Automotive Consultancy Limited
trading as A C Automotive Consultancy Ltd
for the Year Ended 31 March 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of A C Automotive Consultancy Limited for the year ended 31 March 2014 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of A C Automotive Consultancy Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of A C Automotive Consultancy Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A C Automotive Consultancy Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that A C Automotive Consultancy Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of A C Automotive Consultancy Limited. You consider that A C Automotive Consultancy Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of A C Automotive Consultancy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Booth & Co
Chartered Certified Accountants
55 Crown Street
Brentwood
Essex
CM14 4BD

14 July 2014

Page 1

A C Automotive Consultancy Limited
trading as A C Automotive Consultancy Ltd
(Registration number: 06620410)
Abbreviated Balance Sheet at 31 March 2014

	Note	2014 £	2013 £
Fixed assets
Tangible fixed assets		-	2,831
Current assets
Debtors		4,925	1,130
Cash at bank and in hand		6,146	6,260
		11,071	7,390
Creditors: Amounts falling due within one year		(10,893)	(10,053)
Net current assets/(liabilities)		178	(2,663)
Net assets		178	168
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		78	68
Shareholders' funds		178	168

For the year ending 31 March 2014 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 director acknowledges his 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 director on 14 July 2014

.........................................
Mr Adam Horne
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

A C Automotive Consultancy Limited
trading as A C Automotive Consultancy Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:-

Asset class	Depreciation method and rate
Office equipment	25% Reducing balance basis

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

A C Automotive Consultancy Limited
trading as A C Automotive Consultancy Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 April 2013	6,737	6,737
Additions	1,090	1,090
Disposals	(7,827)	(7,827)
At 31 March 2014	-	-
Depreciation
At 1 April 2013	3,906	3,906
Eliminated on disposals	(3,906)	(3,906)
At 31 March 2014	-	-
Net book value
At 31 March 2014	-	-
At 31 March 2013	2,831	2,831

3	Share capital

Allotted, called up and fully paid shares

	2014			2013
		No.	£		No.	£
Ordinary voting shares of £1 each		100	100		100	100

Page 4