Applied Acumen Limited - Limited company - abbreviated - 11.6

Applied Acumen Limited - Limited company - abbreviated - 11.6

APPLIED ACUMEN LIMITED - Company Information

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REGISTERED NUMBER: 04936732 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2015

FOR

APPLIED ACUMEN LIMITED

APPLIED ACUMEN LIMITED (REGISTERED NUMBER: 04936732)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

APPLIED ACUMEN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2015







DIRECTORS: J K Armstrong
R J Shipperbottom
Mrs Z Armstrong
Mrs P Shipperbottom





SECRETARY: J K Armstrong





REGISTERED OFFICE: 1200 Century Way
Thorpe Park Business Park
Leeds
West Yorkshire
LS15 8ZA





REGISTERED NUMBER: 04936732 (England and Wales)





ACCOUNTANTS: Brosnans
Chartered Accountants
Birkby House
Bailiff Bridge
Brighouse
West Yorkshire
HD6 4JJ
Page 1
APPLIED ACUMEN LIMITED (REGISTERED NUMBER: 04936732)

ABBREVIATED BALANCE SHEET
30 APRIL 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 - 800
- 800

CURRENT ASSETS
Work in progress - 185,000
Debtors 84,800 -
Cash at bank 222,185 -
306,985 185,000
CREDITORS
Amounts falling due within one year 306,474 184,298
NET CURRENT ASSETS 511 702
TOTAL ASSETS LESS CURRENT LIABILITIES 511 1,502

CAPITAL AND RESERVES
Called up share capital 4 12 12
Profit and loss account 499 1,490
SHAREHOLDERS' FUNDS 511 1,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 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 notes form part of these abbreviated accounts

Page 2 continued...
APPLIED ACUMEN LIMITED (REGISTERED NUMBER: 04936732)

ABBREVIATED BALANCE SHEET - continued
30 APRIL 2015


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 Board of Directors on 30 September 2015 and were signed on its
behalf by:




J K Armstrong - Director



R J Shipperbottom - Director


The notes form part of these abbreviated accounts

Page 3
APPLIED ACUMEN LIMITED (REGISTERED NUMBER: 04936732)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2015

1. ACCOUNTING POLICIES

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 represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten 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 etc - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

Page 4 continued...
APPLIED ACUMEN LIMITED (REGISTERED NUMBER: 04936732)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 APRIL 2015

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 May 2014
and 30 April 2015 30,000
AMORTISATION
At 1 May 2014
and 30 April 2015 30,000
NET BOOK VALUE

At 30 April 2015 -
At 30 April 2014 -

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 May 2014
and 30 April 2015 12,371
DEPRECIATION
At 1 May 2014 11,571
Charge for year 800
At 30 April 2015 12,371
NET BOOK VALUE
At 30 April 2015 -
At 30 April 2014 800

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
12 Ordinary £1 12 12

Page 5