Acorn Exteriors Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07395197 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2015

FOR

ACORN EXTERIORS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K Lewis

REGISTERED OFFICE:

27 York Villas

Spennymoor

County Durham

DL16 6LP

REGISTERED NUMBER:

07395197 (England and Wales)

ACCOUNTANTS:

Christie Proud Thompson

80 Victoria Road

Darlington

County Durham

DL1 5JG

FIXED ASSETS

Tangible assets

2

1,231

1,702

CURRENT ASSETS

Debtors

30,559

42,323

Cash at bank

23,479

11,053

54,038

53,376

CREDITORS

Amounts falling due within one year

49,647

32,043

NET CURRENT ASSETS

4,391

21,333

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,622

23,035

PROVISIONS FOR LIABILITIES

229

320

NET ASSETS

5,393

22,715

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

5,391

22,713

SHAREHOLDERS' FUNDS

5,393

22,715

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 15 July 2016 and were signed by:

K Lewis - 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 and services, 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

20% on cost

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

3,013

DEPRECIATION

At 1 November 2014

1,311

Charge for year

471

At 31 October 2015

1,782

NET BOOK VALUE

At 31 October 2015

1,231

At 31 October 2014

1,702

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary

£1

1

Ordinary A

£1

1

2