ACP ENVIRONMENTAL LTD
ACP ENVIRONMENTAL LTD
ACP ENVIRONMENTAL LTD
Company Registration Number:
02902353 (England and Wales)
Unaudited statutory accounts for the year ended 31 March 2019
Period of accounts
Start date: 1 January 2018
End date: 31 March 2019
ACP ENVIRONMENTAL LTD
Contents of the Financial Statements
for the Period Ended 31 March 2019
Balance sheet | |
Additional notes | |
Balance sheet notes |
ACP ENVIRONMENTAL LTD
Balance sheet
As at
Notes | 15 months to 31 March 2019 | 2017 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | 4 | | |
Debtors: | 5 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 6 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 7 | ( | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Share premium account: | | | |
Profit and loss account: | | | |
Total Shareholders' funds: | | |
The notes form part of these financial statements
ACP ENVIRONMENTAL LTD
Balance sheet statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
ACP ENVIRONMENTAL LTD
Notes to the Financial Statements
for the Period Ended 31 March 2019
-
1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Turnover policy
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities. Tangible fixed assets depreciation policy
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:Furniture, fittings and equipment: 15-25% reducing balanceMotor vehicles - 25% reducing balance Valuation information and policy
StockStocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
ACP ENVIRONMENTAL LTD
Notes to the Financial Statements
for the Period Ended 31 March 2019
-
2. Employees
15 months to 31 March 2019 2017 Average number of employees during the period 31 31
ACP ENVIRONMENTAL LTD
Notes to the Financial Statements
for the Period Ended 31 March 2019
3. Tangible assets
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 January 2018 | | | | |||
Additions | | | | |||
Disposals | ( | ( | ||||
Revaluations | ||||||
Transfers | ||||||
At 31 March 2019 | | | | |||
Depreciation | ||||||
At 1 January 2018 | | | | |||
Charge for year | | | | |||
On disposals | ( | ( | ||||
Other adjustments | ||||||
At 31 March 2019 | | | | |||
Net book value | ||||||
At 31 March 2019 | | | | |||
At 31 December 2017 | | | |
ACP ENVIRONMENTAL LTD
Notes to the Financial Statements
for the Period Ended 31 March 2019
4. Stocks
15 months to 31 March 2019 | 2017 | |
---|---|---|
£ | £ | |
Stocks | | |
Total | | |
ACP ENVIRONMENTAL LTD
Notes to the Financial Statements
for the Period Ended 31 March 2019
5. Debtors
15 months to 31 March 2019 | 2017 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Other debtors | | |
Total | | |
ACP ENVIRONMENTAL LTD
Notes to the Financial Statements
for the Period Ended 31 March 2019
6. Creditors: amounts falling due within one year note
15 months to 31 March 2019 | 2017 | |
---|---|---|
£ | £ | |
Amounts due under finance leases and hire purchase contracts | | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
ACP ENVIRONMENTAL LTD
Notes to the Financial Statements
for the Period Ended 31 March 2019
7. Creditors: amounts falling due after more than one year note
15 months to 31 March 2019 | ||
---|---|---|
£ | ||
Amounts due under finance leases and hire purchase contracts | | |
Total | |