A C A Distribution Limited

Contents
	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 3296863

		2017		2016
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,342		7,047

			6,342		7,047
CURRENT ASSETS
Stocks		164,480		119,032
Debtors	5	205,384		144,000
Cash at bank and in hand		95,677		34,302

		465,541		297,334
Creditors: Amounts Falling Due Within One Year	6	(232,926 )		(115,249 )

NET CURRENT ASSETS (LIABILITIES)			232,615		182,085

TOTAL ASSETS LESS CURRENT LIABILITIES			238,957		189,132

NET ASSETS			238,957		189,132

CAPITAL AND RESERVES
Called up share capital	7		600		600
Capital redemption reserve			400		400
Profit and Loss Account			237,957		188,132

SHAREHOLDERS' FUNDS			238,957		189,132

Page 1

Balance Sheet (continued)

As at 31 December 2017

For the year ending 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr K Pacey

24/09/2018

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25 % - reducing balance
Computer Equipment	10 % - reducing balance

1.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2017	2016
Office and administration	7	7
Sales, marketing and distribution	2	2

	9	9

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A C A Distribution Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2017

4. Tangible Assets


	Computer Equipment
	£
Cost
As at 1 January 2017	27,647

As at 31 December 2017	27,647

Depreciation
As at 1 January 2017	20,600
Provided during the period	705

As at 31 December 2017	21,305

Net Book Value
As at 31 December 2017	6,342

As at 1 January 2017	7,047

5. Debtors

	2017	2016
	£	£
Due within one year
Trade debtors	200,236	143,879
Prepayments and accrued income	-	121
Other debtors	5,148	-

	205,384	144,000

6. Creditors: Amounts Falling Due Within One Year

	2017	2016
	£	£
Trade creditors	219,280	105,887
Other taxes and social security	9,446	5,162
Accruals and deferred income	4,200	4,200

	232,926	115,249

7. Share Capital

	2017		2016
Allotted, Called up and fully paid	600		600

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A C A Distribution Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2017

8. Other Commitments

The company had annual commitment under operating leases as set out bellow :

	Other
	2017	2016
	£	£
Within 1 year	6,500	9,369
Between 1 and 5 years	10,833	17,333

	17,333	26,702

9. Ultimate Controlling Party

The company's ultimate controlling parties are K Pacey,H Hobday and S Khan by virtue of their ownership of 100% of the issued share capital in the company.

10. General Information

A C A Distribution Limited is a private company, limited by shares, incorporated in England & Wales, registered number 3296863. The registered office is 105 Ash Road, Sutton, Surrey, SM3 9LA.

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