Accelerite Limited - Abbreviated accounts

Registered number

05265709

(England and Wales)

Accelerite Limited

Abbreviated Accounts

31 October 2016

Accelerite Limited

Report to the director on the preparation of the unaudited abbreviated accounts of Accelerite Limited for the year ended 31 October 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Accelerite Limited for the year ended 31 October 2016 which comprise of the balance sheet and the related notes 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/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

J C Barker & Co.
Chartered Certified Accountants
6 Richmond Terrace
Shelton
Stoke-on-Trent
Staffordshire
ST1 4ND

31 July 2017

Accelerite Limited
Registered number:		05265709
Abbreviated Balance Sheet
as at 31 October 2016

Notes			2016			2015
£				£
Current assets
Cash at bank and in hand		159,980			168,616

Creditors: amounts falling due within one year		6,419			(1,293)

Net current assets			166,399			167,323

Net assets			166,399			167,323

Capital and reserves
Called up share capital	2		100			100
Profit and loss account			166,299			167,223

Shareholders' funds			166,399			167,323

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr B J Kinsella
Director
Approved by the board on 31 July 2017

Accelerite Limited
Notes to the Abbreviated Accounts
for the year ended 31 October 2016

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		2		100		100