ACS (Construction Services) Ltd,Ltd - AccountsLtd - Accounts

ACS (Construction Services) Ltd,Ltd - AccountsLtd - Accounts

ACS (CONSTRUCTION SERVICES) LTD - Company Information

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2018-04-01 01467962 2019-03-31 01467962 2018-04-01 2019-03-31 01467962 2018-03-31 01467962 2017-04-01 2018-03-31 01467962 uk-core:WithinOneYear 2018-03-31 01467962 uk-core:WithinOneYear 2019-03-31 01467962 uk-core:ShareCapital 2019-03-31 01467962 uk-core:ShareCapital 2018-03-31 01467962 uk-core:RetainedEarningsAccumulatedLosses 2019-03-31 01467962 uk-core:RetainedEarningsAccumulatedLosses 2018-03-31 01467962 uk-bus:Director1 2018-04-01 2019-03-31 01467962 uk-core:LandBuildings 2018-04-01 2019-03-31 01467962 uk-core:VehiclesPlantMachinery 2018-04-01 2019-03-31 01467962 uk-core:VehiclesPlantMachinery 2018-03-31 01467962 uk-core:LandBuildings 2018-03-31 01467962 uk-core:LandBuildings 2019-03-31 01467962 uk-core:VehiclesPlantMachinery 2019-03-31 01467962 3 uk-bus:Director2 2018-04-01 2019-03-31 01467962 3 uk-bus:Director2 2019-03-31 01467962 3 uk-bus:Director2 2018-03-31 iso4217:GBP 01467962 uk-bus:AuditExemptWithAccountantsReport 2018-04-01 2019-03-31 01467962 uk-bus:FRS102 2018-04-01 2019-03-31 01467962 uk-bus:FullAccounts 2018-04-01 2019-03-31 01467962 uk-bus:PrivateLimitedCompanyLtd 2018-04-01 2019-03-31
ACS (Construction Services) Ltd
Registered Number:01467962
For the year ended 31 March 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2019
ACS (Construction Services) Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 March 2019
ACS (Construction Services) Ltd
Statement of Financial Position
Registered Number :
01467962
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
19,327
21,453
2
19,327
21,453
Current assets
Inventories
2,000
2,000
3
Trade and other receivables
19,867
-
4
27,770
Cash and cash equivalents
652
2,652
49,637
Trade and other payables: amounts falling due within one
year
(20,535)
(44,910)
5
29,102
(42,258)
Net current liabilities
Total assets less current liabilities
(22,931)
50,555
(22,931)
Net assets/liabilities
50,555
Capital and reserves
Called up share capital
6
6
Retained earnings
(22,937)
50,549
(22,931)
50,555
Shareholders' funds
For the year ended 31 March 2019 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs J Duffy Director
These financial statements were approved and authorised for issue by the Board on 20 December 2019 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2019
ACS (Construction Services) Ltd
Notes to the Financial Statements
Statutory Information
ACS (Construction Services) Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 01467962.
Registered address:
Lakeside
North Drive
Ossemsley
Hampshire
BH25 5TJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
4% Per annum on cost
Plant and machinery
20% per annum on cost
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. Property, plant and equipment
Total
Plant and
machinery
Land and
buildings
£
£
£
Cost or
valuation
At 01 April 2018
73,924
47,691
26,233
At 31 March 2019
26,233
47,691
73,924
Provision for depreciation and impairment
At 01 April 2018
52,471
46,224
6,247
Charge for year
2,126
1,077
1,049
At 31 March 2019
54,597
47,301
7,296
At 31 March 2019
Net book value
18,937
390
19,327
At 31 March 2018
19,986
1,467
21,453
2 of 3
5
For the year ended 31 March 2019
ACS (Construction Services) Ltd
Notes to the Financial Statements Continued
3. Inventories
2018
2019
£
£
Stocks
2,000
2,000
4. Trade and other receivables
2018
2019
£
£
Other debtors
-
19,867
5. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Trade creditors
8,000
8,000
Taxation and social security
326
8,275
Other creditors
36,584
4,260
44,910
20,535
6. Directors advances and guarantees
At 01/04/2018
Repaid
At 31/03/2019
£
£
£
Mr K Duffy
Repayable on demand
-
19,867
19,867
-
19,867
19,867
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