A.C.T.S_GLOBAL_LTD - Accounts

A.C.T.S GLOBAL LTD - Company Information

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Company Registration No. 07162744 (England and Wales)

A.C.T.S GLOBAL LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

A.C.T.S GLOBAL LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

A.C.T.S GLOBAL LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

164

341

Current assets

Debtors

84,304

74,704

Cash at bank and in hand

119,050

78,965

203,354

153,669

Creditors: amounts falling due within one year

(95,615)

(75,417)

Net current assets

107,739

78,252

Total assets less current liabilities

107,903

78,593

Capital and reserves

Called up share capital

100

Profit and loss account

107,803

78,493

Shareholders' funds

107,903

78,593

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 8 August 2016

MR SOOBASCHAND SEEBALUCK

Director

Company Registration No. 07162744

A.C.T.S GLOBAL LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents income derived from fees receivable for professional services provided, net of VAT.

1.4

Tangible fixed assets and depreciation

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

Computer equipment

33.33% straight line depreciation

Fixtures, fittings & equipment

20% straight line depreciation

1.5

Long term contracts

Amounts recoverable on long term contracts, which are included in debtors, are stated at the net sales value of the work done after provision for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments on account.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 April 2015 & at 31 March 2016

2,075

Depreciation

At 1 April 2015

1,736

Charge for the year

175

At 31 March 2016

1,911

Net book value

At 31 March 2016

164

At 31 March 2015

341

A.C.T.S GLOBAL LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

Ultimate parent company

The company is controlled by Mr S Seebaluck by virtue of his interest in 100% of the share capital of the company.