Acciel Consulting Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08616470 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

Acciel Consulting Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr E A S Smith

REGISTERED OFFICE:

32 Sydenham Road North

Cheltenham

Gloucestershire

GL52 6EB

REGISTERED NUMBER:

08616470 (England and Wales)

FIXED ASSETS

Tangible assets

2

1,830

2,196

CURRENT ASSETS

Debtors

57,501

8,733

Cash at bank

22,069

29,603

79,570

38,336

CREDITORS

Amounts falling due within one year

26,903

12,514

NET CURRENT ASSETS

52,667

25,822

TOTAL ASSETS LESS CURRENT
LIABILITIES

54,497

28,018

PROVISIONS FOR LIABILITIES

-

439

NET ASSETS

54,497

27,579

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

54,496

27,578

SHAREHOLDERS' FUNDS

54,497

27,579

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

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

The director acknowledges his 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 29 March 2017 and were signed by:

Mr E A S Smith - 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

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of

Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done

in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts

for on-going services is recognised by reference to the stage of completion.

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 etc

-

33% 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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

3,876

Additions

1,389

At 31 July 2016

5,265

DEPRECIATION

At 1 August 2015

1,680

Charge for year

1,755

At 31 July 2016

3,435

NET BOOK VALUE

At 31 July 2016

1,830

At 31 July 2015

2,196

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2016 and

31 July 2015:

2016

2015

£

Mr E A S Smith

Balance outstanding at start of year

(250

)

1,945

Amounts advanced

56,645

31,183

Amounts repaid

(16,008

)

(33,378

)

Balance outstanding at end of year

40,387

(250

)