REGISTERED NUMBER: 07349384 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

ACB Resource Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A C Bell

SECRETARY:

A C Bell

REGISTERED OFFICE:

925 Finchley Road

London

NW11 7PE

REGISTERED NUMBER:

07349384 (England and Wales)

ACCOUNTANTS:

N L Tuchband & Co

Chartered Certified Accountants

925 Finchley Road

London

NW11 7PE

FIXED ASSETS

Tangible assets

4

247

329

CURRENT ASSETS

Debtors

5

36,900

16,287

Cash at bank

14,985

32,008

51,885

48,295

CREDITORS

Amounts falling due within one year

6

24,127

25,510

NET CURRENT ASSETS

27,758

22,785

TOTAL ASSETS LESS CURRENT LIABILITIES

28,005

23,114

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7

27,905

23,014

SHAREHOLDERS' FUNDS

28,005

23,114

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 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 director on 22 January 2018 and were signed by:

A C Bell - Director

1.	STATUTORY INFORMATION

ACB Resource Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2016

and 31 March 2017

1,585

DEPRECIATION

At 1 April 2016

1,256

Charge for year

82

At 31 March 2017

1,338

NET BOOK VALUE

At 31 March 2017

247

At 31 March 2016

329

5.

DEBTORS

31.3.17

31.3.16

£

£

Amounts falling due within one year:

Trade debtors

3,000

16,287

Amounts falling due after more than one year:

Other debtors

33,900

-

Aggregate amounts

36,900

16,287

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Tax

19,605

20,299

Social security and other taxes

3,017

4,245

Directors' current accounts

505

66

Accrued expenses

1,000

900

24,127

25,510

7.

RESERVES

Retained

earnings

£

At 1 April 2016

23,014

Profit for the year

78,141

Dividends

(73,250

)

At 31 March 2017

27,905

8.	ULTIMATE CONTROLLING PARTY

The Company is controlled by A C Bell (director) by virtue of his majority shareholding in the company.