Acorn to Oaks Financial Services Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 06547017 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Acorn to Oaks Financial Services Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C Oakley

M J P Hutchins

R Stein

REGISTERED OFFICE:

93 Church Street

Bilston

West Midlands

WV14 0BJ

REGISTERED NUMBER:

06547017 (England and Wales)

ACCOUNTANTS:

Baillie Chartered Certified Accountants

11 Bull Ring

Much Wenlock

Shropshire

TF13 6HS

FIXED ASSETS

Intangible assets

2

1

Tangible assets

3

4,243

8,694

Investments

4

10,000

-

14,244

8,695

CURRENT ASSETS

Debtors

203,304

203,598

Cash at bank

112,816

74,440

316,120

278,038

CREDITORS

Amounts falling due within one year

141,333

135,362

NET CURRENT ASSETS

174,787

142,676

TOTAL ASSETS LESS CURRENT
LIABILITIES

189,031

151,371

CREDITORS

Amounts falling due after more than one
year

-

4,999

NET ASSETS

189,031

146,372

CAPITAL AND RESERVES

Called up share capital

5

170,000

Profit and loss account

19,031

(23,628

)

SHAREHOLDERS' FUNDS

189,031

146,372

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 19 December 2016 and were signed on its behalf
by:

C Oakley - 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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% 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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

25,325

Additions

16,687

At 31 March 2016

42,012

AMORTISATION

At 1 April 2015

25,324

Amortisation for year

16,687

At 31 March 2016

42,011

NET BOOK VALUE

At 31 March 2016

1

At 31 March 2015

1

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

51,214

DEPRECIATION

At 1 April 2015

42,520

Charge for year

4,451

At 31 March 2016

46,971

NET BOOK VALUE

At 31 March 2016

4,243

At 31 March 2015

8,694

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

10,000

At 31 March 2016

10,000

NET BOOK VALUE

At 31 March 2016

10,000

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

170,000

Ordinary

1

170,000