A & C Exhibitions Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03266624

Unaudited Financial Statements for the Year Ended 31 March 2021

for

A & C Exhibitions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M M E Goodridge

SECRETARY:

M E Goodridge

REGISTERED OFFICE:

Sherwood Cottage

72 Swallows Lane, Dial Post

Horsham

West Sussex

RH13 8NN

REGISTERED NUMBER:

03266624

ACCOUNTANTS:

Golden Valley Accountancy Limited

Unit 4

Westwood Industrial Estate

Pontrilas

Herefordshire

HR2 0EL

FIXED ASSETS

Tangible assets

4

1,108

699

CURRENT ASSETS

Debtors

5

1,245

-

Cash in hand

15,422

23,254

16,667

23,254

CREDITORS

Amounts falling due within one year

6

8,550

8,811

NET CURRENT ASSETS

8,117

14,443

TOTAL ASSETS LESS CURRENT LIABILITIES

9,225

15,142

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

9,223

15,140

SHAREHOLDERS' FUNDS

9,225

15,142

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 December 2021 and were signed by:

M M E Goodridge - Director

1.	STATUTORY INFORMATION

A & C Exhibitions Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2020

2,065

Additions

549

At 31 March 2021

2,614

DEPRECIATION

At 1 April 2020

1,366

Charge for year

140

At 31 March 2021

1,506

NET BOOK VALUE

At 31 March 2021

1,108

At 31 March 2020

699

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Trade debtors

1,245

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Trade creditors

675

1,325

Taxation and social security

(89

)

2,497

Other creditors

7,964

4,989

8,550

8,811

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.21

31.3.20

value:

£

£

2

Ordinary

£1

2

2