Academy Consulting Solutions Limited


FINANCIAL STATEMENTS


for the year ended 31st May 2017



Academy Consulting Solutions Limited

CONTENTS

for the year ended 31st May 2017







The Accounts are comprised of the following:

Statement of Financial Position

Notes to the Accounts



Please note that the Accounts comprise of HTML and iXBRL source code and that this is a printed or visual representation of that source code some of which will not be displayed or printed.

Academy Consulting Solutions Limited

Company No. 04336350

STATEMENT OF FINANCIAL POSITION

as at 31st May 2017

2016
Note£££
FIXED ASSETS
Property, plant and equipment47277922223
7277922223
CURRENT ASSETS
Debtors5444592331472
Cash at bank and in hand332769394097
777361725569
CURRENT LIABILITIES
Creditors: amounts falling due
within one year6528454453729
NET CURRENT ASSETS248907271840
TOTAL ASSETS LESS CURRENT LIABILITIES321686294063
 
Creditors: amounts falling due
after more than one year7-34389
 
NET ASSETS321686259674
 
CAPITAL AND RESERVES
Called up share capital100100
Retained earnings321586259574
SHAREHOLDERS FUNDS321686259674

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies which are subject to the small companies' regime. The Income Statement has not been delivered to the Registrar of Companies.

For the year ended 31st May 2017 the Company is entitled to the exemption from the requirement to obtain an audit conferred by section 477 of the Companies Act 2006 and the members have not required the company to obtain an audit in accordance with section 476 of the Act.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the Board on 15 September 2017


M Bull

Director

Company Number 04336350 (England)

Academy Consulting Solutions Limited

NOTES TO THE ACCOUNTS

for the year ended 31st May 2017


1   Statutory information

Academy Consulting Solutions Limited is a private company limited by shares and registered under company number 04336350 in England. Its registered office address is Academy House, 27 Forest Road, Tunbridge Wells, Kent. TN2 5AL.

These financial statements are presented in Sterling, which is the functional currency of the company.

2   Accounting policies

Basis of preparation of financial statements

The accounts have been prepared under the historical cost convention in accordance with the accounting policies set out below, and in accordance with Financial Reporting Standard 102 Section 1A and the Companies Act 2006.

Depreciation

Depreciation is provided on all property, plant and equipment, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant, machinery and vehicles25% straight line

3   Employee information

The average number of employees during the accounting period was 18 (2016 - 18).

4   Property, plant and equipment
 
Fixtures
Land andMotorand
BuildingsVehiclesFittingsTotal
££££
Cost
At 1st June 2016 1774246505369876090
Additions--5223952239
At 31st May 2017177424650105937128329
 
Depreciation
At 1st June 2016 -46504921753867
Charge for year--16831683
At 31st May 2017-46505090055550
 
Net Book Value
At 31st May 201717742-5503772779
At 31st May 201617742-448122223

5   Debtors20172016
££
 
Trade Debtors444592328446
Other debtors-3026
444592331472

6   Creditors: amounts falling due within one year20172016
££
 
Loans and Overdrafts3504812912
Trade Creditors155879133671
Corporation tax3769436508
Taxes and social security costs137024100659
Other creditors162809169979
528454453729

7   Creditors: amounts falling due after one year20172016
££
 
Loans and Overdrafts-34389
-34389

8   Loans20172016
££
Analysis of maturity of debt:
 
Within one year3504812912
Between one and five years-34389
3504847301

9   Transactions with Directors

There were no transactions with Directors except as reflected in the Director's loan account for each Director. The closing balances of each account are as detailed below. Credit balances are shown without brackets. These balances are included in the figure for "Creditors and Accruals" in the accounts. Overdrawn balances are included in the figure for "Other Debtors".

20172016
££
 
M Bull1816-
1816-

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