Accelerate Leadership Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04869812 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2020

for

Accelerate Leadership Ltd

Page

Company Information

1

Balance Sheet

2

DIRECTORS:

Mr D P Pryke

Mrs C A Pryke

Mrs S Thomas

REGISTERED OFFICE:

1st Floor

181 Queensway

Bletchley

Milton Keynes

MK2 2DZ

REGISTERED NUMBER:

04869812 (England and Wales)

ACCOUNTANTS:

Sherwoods Ltd

Chartered Certified Accountants

1st Floor

181 Queensway

Bletchley

Milton Keynes

Buckinghamshire

MK2 2DZ

FIXED ASSETS

31,801

68,267

CURRENT ASSETS

85,353

57,831

PREPAYMENTS AND ACCRUED INCOME

506

-

CREDITORS

Amounts falling due within one year

(39,035

)

(29,542

)

NET CURRENT ASSETS

46,824

28,289

TOTAL ASSETS LESS CURRENT LIABILITIES

78,625

96,556

CREDITORS

Amounts falling due after more than one year

136,110

141,400

NET LIABILITIES

(57,485

)

(44,844

)

CAPITAL AND RESERVES

(57,485

)

(44,844

)

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2019 - 3 ) .

2.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The business loans are secured by personal guarantees from the directors.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2020 and were signed on its behalf by:

Mrs S Thomas - Director

Mr D P Pryke - Director