Acigold Ltd - Period Ending 2015-03-31

Registration number: 06447549

Acigold Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2015
 

MG Accountants & Co Ltd
Chartered Accountants
6 Wildacres
Northwood
Middlesex
HA6 3JD

Acigold Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Acigold Ltd
for the Year Ended 31 March 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Acigold Ltd for the year ended 31 March 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Acigold Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Acigold Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Acigold Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Acigold Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Acigold Ltd. You consider that Acigold Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Acigold Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

MG Accountants & Co Ltd
Chartered Accountants
6 Wildacres
Northwood
Middlesex
HA6 3JD

1 December 2015

Page 1

Acigold Ltd
(Registration number: 06447549)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £			2014 £
Current assets
Debtors					13,824			19,750
Cash at bank and in hand					126,175			126,710
					139,999			146,460
Creditors: Amounts falling due within one year					(44,313)			(47,349)
Net assets					95,686			99,111
Capital and reserves
Called up share capital		2			100			2
Profit and loss account					95,586			99,109
Shareholders' funds					95,686			99,111

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 1 December 2015

.........................................
Mr Imran Abdulkarim Shamshudin Esmail
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Acigold Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

2	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary Shares of £1 each		100			100			2			2

3	Related party transactions

Other related party transactions
 
During the year the company made the following related party transactions:

Mr Imran Esmail
(Director)
During the year Mr Imran Esmail recieved loans from the company. Interest was charged on the loans at an
annual rate of 3.25%. The maximum amount owed to the company during the year was £32,940. At the balance sheet date the amount due to Mr Imran Esmail was £244 (2014 - £2,448).

Page 3