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REGISTERED NUMBER: 04546108 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018

FOR

ACCEL CONSULTING LIMITED

ACCEL CONSULTING LIMITED (REGISTERED NUMBER: 04546108)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 June 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ACCEL CONSULTING LIMITED

COMPANY INFORMATION
for the year ended 30 June 2018







DIRECTOR: G R Chatfield





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





BUSINESS ADDRESS: Manor Farm House
20 Southwick Street
Southwick
West Sussex
BN42 4TB





REGISTERED NUMBER: 04546108 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

ACCEL CONSULTING LIMITED (REGISTERED NUMBER: 04546108)

BALANCE SHEET
30 June 2018

2018 2017
Notes £    £   
FIXED ASSETS
Tangible assets 4 456,288 467,728

CURRENT ASSETS
Debtors 5 40,330 27,999
Cash at bank and in hand 22,947 1,407
63,277 29,406
CREDITORS
Amounts falling due within one year 6 (95,831 ) (155,665 )
NET CURRENT LIABILITIES (32,554 ) (126,259 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

423,734

341,469

CREDITORS
Amounts falling due after more than one
year

7

(296,105

)

(309,758

)

PROVISIONS FOR LIABILITIES 10 (436 ) (836 )
NET ASSETS 127,193 30,875

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 127,093 30,775
SHAREHOLDERS' FUNDS 127,193 30,875

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 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.

ACCEL CONSULTING LIMITED (REGISTERED NUMBER: 04546108)

BALANCE SHEET - continued
30 June 2018


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 4 October 2018 and were signed by:





G R Chatfield - Director


ACCEL CONSULTING LIMITED (REGISTERED NUMBER: 04546108)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2018

1. STATUTORY INFORMATION

Accel Consulting Limited is a private company, limited by shares, registered in England and Wales. The
company's registered number, registered office address and business address can be found on the Company
Information page.

The presentational currency of the financial statements is the Pound Sterling (£).

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 the 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.

Significant judgements and estimates
Preparation of the financial statements requires management to make significant judgements and estimates and
these estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or
in the period of the revision and future periods if the revision affects both current and future periods.

The items in the financial statements where these judgements and estimates have been made include the useful
economic life of tangible fixed assets, the depreciation of these assets, provisions and the recoverability of
debtors.

Turnover
Turnover represents the fair value of consideration received or receivable net of VAT and trade discounts.

Revenue from the sale of services is recognised at the point of supply as contract activity progresses. Revenue
not billed is included in debtors and payments on account in excess of the relevant amount of revenue are
included in creditors.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost
includes costs directly attributable to making the asset capable of operating as intended by management.

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

Freehold property-straight line over 50 years
Plant & machinery-25% on cost
Fixtures & fittings-25% on cost
Motor vehicles-25% on cost
Computer equipment-25% on cost

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets
of the entity after deducting all of its financial liabilities.


ACCEL CONSULTING LIMITED (REGISTERED NUMBER: 04546108)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2018

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different
from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and
laws that have been enacted or substantively enacted by the year end and that are expected to apply to the
reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 profit or loss in the period to which they relate.

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there
is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable
amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not
possible to estimate the recoverable amount of an asset, the company estimates the recoverable amount of the
cash-generating unit to which the asset belongs.

Going concern
The director has confirmed ongoing support for the company, which will allow the company to continue to
trade for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing
its financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2017 - 8 ) .

ACCEL CONSULTING LIMITED (REGISTERED NUMBER: 04546108)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2018

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 July 2017
and 30 June 2018 480,079 5,265 6,556
DEPRECIATION
At 1 July 2017 16,756 5,265 4,523
Charge for year 9,601 - 784
At 30 June 2018 26,357 5,265 5,307
NET BOOK VALUE
At 30 June 2018 453,722 - 1,249
At 30 June 2017 463,323 - 2,033

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2017
and 30 June 2018 18,950 13,430 524,280
DEPRECIATION
At 1 July 2017 18,950 11,058 56,552
Charge for year - 1,055 11,440
At 30 June 2018 18,950 12,113 67,992
NET BOOK VALUE
At 30 June 2018 - 1,317 456,288
At 30 June 2017 - 2,372 467,728

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 35,775 27,872
Other debtors 4,555 127
40,330 27,999

ACCEL CONSULTING LIMITED (REGISTERED NUMBER: 04546108)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts (see note 8) 13,717 13,262
Trade creditors 14,119 16,424
Taxation and social security 55,513 43,735
Other creditors 12,482 82,244
95,831 155,665

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Bank loans (see note 8) 296,105 309,758

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 236,343 251,979

8. LOANS

An analysis of the maturity of loans is given below:

2018 2017
£    £   
Amounts falling due within one year or on demand:
Bank loans 13,717 13,262

Amounts falling due between one and two years:
Bank loans - 1-2 years 14,190 13,719

Amounts falling due between two and five years:
Bank loans - 2-5 years 45,572 44,060

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 236,343 251,979

ACCEL CONSULTING LIMITED (REGISTERED NUMBER: 04546108)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2018

9. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Commercial mortgage 309,821 323,020

The company's Bankers have a fixed charge over the freehold property.

10. PROVISIONS FOR LIABILITIES
2018 2017
£    £   
Deferred tax 436 836

Deferred
tax
£   
Balance at 1 July 2017 836
Accelerated capital allowances (400 )
Balance at 30 June 2018 436

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100