Acorn 2 Oak Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04153098

Acorn 2 Oak Limited

Abbreviated Unaudited Accounts for the Year Ended 28 February 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

L Suter

SECRETARY:

S Hurst

REGISTERED OFFICE:

32 The Crescent

Spalding

Lincolnshire

PE11 1AF

REGISTERED NUMBER:

04153098

ACCOUNTANTS:

Salway and Wright

22 Church Street

Holbeach

Lincolnshire

PE12 7LL

FIXED ASSETS

Tangible assets

2

3,492

4,656

CURRENT ASSETS

Debtors

2,522

2,327

Cash at bank

3,898

41,253

6,420

43,580

CREDITORS

Amounts falling due within one year

5,977

44,342

NET CURRENT ASSETS/(LIABILITIES)

443

(762

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,935

3,894

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

3,933

3,892

SHAREHOLDERS' FUNDS

3,935

3,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 10 October 2016 and were signed by:

L Suter - 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 January 2015).

Turnover

Turnover represents net invoiced sales of 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.

Equipment

-

25% on reducing balance

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 March 2015

and 28 February 2016

31,763

DEPRECIATION

At 1 March 2015

27,107

Charge for year

1,164

At 28 February 2016

28,271

NET BOOK VALUE

At 28 February 2016

3,492

At 28 February 2015

4,656

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.16

28.2.15

value:

£

£

2

Ordinary

£1

2

2

4.	RELATED PARTY TRANSACTIONS

The business is owned and controlled by L Suter.