Abbreviated Company Accounts - ACRE PARTNERSHIP LIMITED

ACRE PARTNERSHIP LIMITED - Company Information

05309716 ACRE PARTNERSHIP LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 05309716 2015-04-01 2016-03-31 05309716 2016-03-31 05309716 2015-03-31 05309716 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 05309716 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 05309716

ACRE PARTNERSHIP LIMITED

Abbreviated Accounts

31 March 2016

ACRE PARTNERSHIP LIMITED Registered Number 05309716

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	114,500	114,500
		114,500	114,500
Current assets
Cash at bank and in hand		2,664	7,656
		2,664	7,656
Creditors: amounts falling due within one year		(104,294)	(109,982)
Net current assets (liabilities)		(101,630)	(102,326)
Total assets less current liabilities		12,870	12,174
Total net assets (liabilities)		12,870	12,174
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		12,770	12,074
Shareholders' funds		12,870	12,174

For the year ending 31 March 2016 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 October 2016

And signed on their behalf by:
Mrs M Zair, Director

ACRE PARTNERSHIP LIMITED Registered Number 05309716

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 January 2015.

Turnover policy
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% straight line
Motor vehicles 25% straight line
Fixtures & Fittings 25% straight line
Computer Equipment 33% straight line

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 April 2015	120,476
Additions	-
Disposals	(4,954)
Revaluations	-
Transfers	-
At 31 March 2016	115,522
Depreciation
At 1 April 2015	5,976
Charge for the year	-
On disposals	(4,954)
At 31 March 2016	1,022
Net book values
At 31 March 2016	114,500
At 31 March 2015	114,500

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100