Abbreviated Company Accounts - ACMS LONDON LIMITED

ACMS LONDON LIMITED - Company Information

Registered Number 08141404

ACMS LONDON LIMITED

Abbreviated Accounts

31 July 2015

ACMS LONDON LIMITED Registered Number 08141404

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	4,197	4,939
		4,197	4,939
Current assets
Stocks		11,395	8,103
Debtors		143,792	162,939
Cash at bank and in hand		39,992	5,150
		195,179	176,192
Creditors: amounts falling due within one year		(163,104)	(150,309)
Net current assets (liabilities)		32,075	25,883
Total assets less current liabilities		36,272	30,822
Total net assets (liabilities)		36,272	30,822
Capital and reserves
Called up share capital		99	99
Profit and loss account		36,173	30,723
Shareholders' funds		36,272	30,822

For the year ending 31 July 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 directors acknowledge their 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 Board on 25 April 2016

And signed on their behalf by:
Neil Eugene Hanley, Director

ACMS LONDON LIMITED Registered Number 08141404

Notes to the Abbreviated Accounts for the period ended 31 July 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year
and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 15% Reducing balance method.

2Tangible fixed assets

	£
Cost
At 1 August 2014	6,835
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	6,835
Depreciation
At 1 August 2014	1,896
Charge for the year	742
On disposals	-
At 31 July 2015	2,638
Net book values
At 31 July 2015	4,197
At 31 July 2014	4,939