ACKW Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05766170 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

ACKW Limited

Trading as

S.A.S.(Safe and Secure)

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Miss E M Froggatt

SECRETARY:

Miss E M Froggatt

REGISTERED OFFICE:

Unit 3 East Street

Leek

Staffordshire

ST13 6LF

REGISTERED NUMBER:

05766170 (England and Wales)

FIXED ASSETS

Intangible assets

2

74,250

81,000

Tangible assets

3

15,330

19,360

89,580

100,360

CURRENT ASSETS

Stocks

12,476

7,036

Debtors

106,263

84,524

Cash at bank and in hand

141,623

108,063

260,362

199,623

CREDITORS

Amounts falling due within one year

101,498

162,164

NET CURRENT ASSETS

158,864

37,459

TOTAL ASSETS LESS CURRENT LIABILITIES

248,444

137,819

PROVISIONS FOR LIABILITIES

2,800

3,600

NET ASSETS

245,644

134,219

CAPITAL AND RESERVES

Called up share capital

4

135

37

Profit and loss account

245,509

134,182

SHAREHOLDERS' FUNDS

245,644

134,219

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 10 June 2015 and were signed by:

Miss E M Froggatt - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the assumption that the company is able to carry

on business as a going concern, which the director considers appropriate having regard to the

company's current and expected performance.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover is stated net of VAT and trade discounts. Turnover from the sale of goods is recognised

when the goods are physically delivered to the customer. Turnover from the supply of services

represents the value of services provided under contracts, to the extent that there is a right to

consideration, and is recorded at the value of the consideration due. Where a contract has only

been partially completed at the balance sheet date turnover represents the value of the service

provided to date based on a proportion of the total contract value. Where payments are received

from customers in advance of services provided, the amounts are recorded as Deferred Income and

included as part of Creditors due within one year.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Plant and machinery

-

25% reducing balance or 33% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line

basis over the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

135,000

AMORTISATION

At 1 April 2014

54,000

Amortisation for year

6,750

At 31 March 2015

60,750

NET BOOK VALUE

At 31 March 2015

74,250

At 31 March 2014

81,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

28,149

Additions

1,851

At 31 March 2015

30,000

DEPRECIATION

At 1 April 2014

8,789

Charge for year

5,881

At 31 March 2015

14,670

NET BOOK VALUE

At 31 March 2015

15,330

At 31 March 2014

19,360

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary A

£1

100

2

35

Ordinary B

£1

35

35

135

37

98 Ordinary A shares of £1 each were allotted and fully paid for cash at par during the year.

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015

and 31 March 2014:

2015

2014

£

£

Miss E M Froggatt

Balance outstanding at start of year

-

-

Amounts advanced

284

-

Amounts repaid

(284

)

-

Balance outstanding at end of year

-

-

The advances were all interest free, unsecured and repayable on demand.

At the year end the company owed the director £392. This amount is included in other creditors.