Acredeal Limited - Limited company - abbreviated

REGISTERED NUMBER: 06261213 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

FOR

ACREDEAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

B Bard

C M Bard

R Berkovits

SECRETARY:

B Bard

REGISTERED OFFICE:

Foframe House

35-37 Brent Street

London

NW4 2EF

REGISTERED NUMBER:

06261213 (England and Wales)

ACCOUNTANTS:

Melinek Fine LLP

Chartered Accountants

Foframe House

35-37 Brent Street

London

NW4 2EF

FIXED ASSETS

Investments

2

185,921

162,116

CURRENT ASSETS

Cash at bank

7,744

25,015

CREDITORS

Amounts falling due within one year

180,191

179,967

NET CURRENT LIABILITIES

(172,447

)

(154,952

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

13,474

7,164

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

13,472

7,162

SHAREHOLDERS' FUNDS

13,474

7,164

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 29 February 2016 and were signed on its behalf by:

C M Bard - 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).

Deferred tax

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

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 June 2014

162,116

Additions

23,805

At 31 May 2015

185,921

NET BOOK VALUE

At 31 May 2015

185,921

At 31 May 2014

162,116

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1

2

4.	CONTINGENCIES

The company has a joint and several liability in relation to the mortgage on the property held by the joint

venture. As at 31 May 2015 the mortgage loan stood at £263,164.33 (2014: £308,092).

Acredeal Limited - Limited company - abbreviated - 11.9

Acredeal Limited - Limited company - abbreviated - 11.9