Abbreviated Company Accounts - ACECRAFT INVESTMENTS LIMITED

ACECRAFT INVESTMENTS LIMITED - Company Information

03484787 ACECRAFT INVESTMENTS LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 03484787 2015-01-01 2015-12-31 03484787 2015-12-31 03484787 2014-12-31 03484787 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 03484787 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 03484787

ACECRAFT INVESTMENTS LIMITED

Abbreviated Accounts

31 December 2015

ACECRAFT INVESTMENTS LIMITED Registered Number 03484787

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	474,287	477,751
		474,287	477,751
Current assets
Debtors		724	690
Cash at bank and in hand		28,480	22,212
		29,204	22,902
Creditors: amounts falling due within one year		(334,281)	(334,282)
Net current assets (liabilities)		(305,077)	(311,380)
Total assets less current liabilities		169,210	166,371
Total net assets (liabilities)		169,210	166,371
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		169,208	166,369
Shareholders' funds		169,210	166,371

For the year ending 31 December 2015 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 20 December 2016

And signed on their behalf by:
ERIC BALAND, Director

ACECRAFT INVESTMENTS LIMITED Registered Number 03484787

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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 April 2008.

Turnover policy
The turnover shown in the income and expenditure account represents amounts invoiced during the year.

Other accounting policies
Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 1 January 2015	477,751
Additions	-
Disposals	-
Revaluations	(3,464)
Transfers	-
At 31 December 2015	474,287
Depreciation
At 1 January 2015	-
Charge for the year	-
On disposals	-
At 31 December 2015	-
Net book values
At 31 December 2015	474,287
At 31 December 2014	477,751

All fixed assets are initially recorded at cost.

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2