Anaco Air Conditioning Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04117360 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

ANACO AIR CONDITIONING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A Goodson

N P Middleton

SECRETARY:

A Goodson

REGISTERED OFFICE:

The Old Dairy

Mill Road

Barnham Broom

Norfolk

NR9 4DE

REGISTERED NUMBER:

04117360 (England and Wales)

ACCOUNTANTS:

Sexty & Co

Chartered Certified Accountants

124 Thorpe Road

Norwich

Norfolk

NR1 1RS

FIXED ASSETS

Tangible assets

2

26,715

34,598

CURRENT ASSETS

Stocks

1,000

1,000

Debtors

104,518

98,821

Cash at bank

19,366

16,893

124,884

116,714

CREDITORS

Amounts falling due within one year

3

95,192

104,113

NET CURRENT ASSETS

29,692

12,601

TOTAL ASSETS LESS CURRENT LIABILITIES

56,407

47,199

CREDITORS

Amounts falling due after more than one year

3

(2,199

)

(5,863

)

PROVISIONS FOR LIABILITIES

(5,300

)

(6,900

)

NET ASSETS

48,908

34,436

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

47,908

33,436

SHAREHOLDERS' FUNDS

48,908

34,436

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 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 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 2 November 2015 and were signed on its behalf by:

A Goodson - Director

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

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.

The value of works on contracts substantially complete at the balance sheet date is recorded as

turnover. The amount by which recorded turnover is in excess of work invoiced is shown as amounts

recoverable on contracts and is disclosed separately within debtors.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

90,761

Additions

167

At 31 March 2015

90,928

DEPRECIATION

At 1 April 2014

56,163

Charge for year

8,050

At 31 March 2015

64,213

NET BOOK VALUE

At 31 March 2015

26,715

At 31 March 2014

34,598

3.

CREDITORS

Creditors include an amount of £ 5,783 (2014 - £ 17,864 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1,000

Ordinary

£1

1,000

1,000