Accounts filed on 30-06-2016


Registered number: 02808961






ADC Services Ltd


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30/06/2016
























Prepared By:
Anstee Gorst
Ground Floor Offices, Unit 4 Eaton Court
Colmworth Business Park
Eaton Socon, St Neots
Cambridgeshire
PE19 8ER


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 30/06/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 02808961


Registered Number: 02808961

BALANCE SHEET AT 30/06/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	3		192		256

CURRENT ASSETS
Stock		3,500		4,250
Debtors (amounts falling due within one year)	4	4,000		5,120
Cash at bank and in hand		544		252
		8,044		9,622
CREDITORS: Amounts falling due within one year		8,032		9,615
NET CURRENT ASSETS			12		7
TOTAL ASSETS LESS CURRENT LIABILITIES			204		263

CAPITAL AND RESERVES

Called up share capital	5		1		1
Profit and loss account			203		262
SHAREHOLDERS' FUNDS			204		263

For the year ending 30/06/2016 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 17/03/2017 and signed on their behalf by




Anthony Groom
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Equipment		reducing balance 25%




1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.




1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




1g. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




4. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
Trade debtors	1	-
Other debtors	3,999	5,120
	4,000	5,120




5. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1




6. RELATED PARTY TRANSACTIONS
At the end of the period the amount of £4000 was owed by K2 Partners Ltd, a related party, for consultancy services.




7. CONTROLLING PARTY
The controlling party is A J Groom, a director of the company.