Advanced Consulting Service Limited - Accounts to registrar - small 16.3d

Advanced Consulting Service Limited - Accounts to registrar - small 16.3d

ADVANCED CONSULTING SERVICE LIMITED - Company Information

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REGISTERED NUMBER: 05192279 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2016

FOR

ADVANCED CONSULTING SERVICE LIMITED

ADVANCED CONSULTING SERVICE LIMITED (REGISTERED NUMBER: 05192279)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2016




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


ADVANCED CONSULTING SERVICE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2016







DIRECTOR: S Saab



SECRETARY: S Khulpateea



REGISTERED OFFICE: Thistle Hill Hall
Debdale Lane
Mansfield Woodhouse
Nottinghamshire
NG19 7EZ



REGISTERED NUMBER: 05192279 (England and Wales)



ACCOUNTANTS: Bishops
Chartered Accountants
Phoenix Park
Blakewater Road
Blackburn
Lancashire
BB1 5BG



BANKERS: HSBC
Knightsbridge Premier Centre
102 Brompton Road
London
SW3 1JJ
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ADVANCED CONSULTING SERVICE LIMITED

The following reproduces the text of the report prepared for the director and members in respect of
the company's annual unaudited financial statements. In accordance with the Companies Act 2006,
the company is only required to file a Statement of Financial Position. Readers are cautioned that the
Income Statement and certain other primary statements and the Report of the Director are not
required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval
the financial statements of Advanced Consulting Service Limited for the year ended 31 July 2016 which
comprise the Income Statement, Statement of Financial Position, and the related notes from the company's
accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Advanced Consulting Service Limited in accordance with the terms of our engagement letter dated 27 March 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Advanced Consulting Service Limited and state those matters that we have agreed to state to the director of Advanced Consulting Service Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Advanced Consulting Service Limited director for our work or for this report.

It is your duty to ensure that Advanced Consulting Service Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Advanced Consulting Service Limited. You consider that Advanced Consulting Service Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Advanced Consulting Service Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bishops
Chartered Accountants
Phoenix Park
Blakewater Road
Blackburn
Lancashire
BB1 5BG


7 April 2017

This page does not form part of the statutory financial statements

Page 2
ADVANCED CONSULTING SERVICE LIMITED (REGISTERED NUMBER: 05192279)

STATEMENT OF FINANCIAL POSITION
31 JULY 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,603,905 2,862,964

CURRENT ASSETS
Debtors 5 434,536 34,549
Cash at bank 5,035 5,735
439,571 40,284
CREDITORS
Amounts falling due within one year 6 197,350 16,196
NET CURRENT ASSETS 242,221 24,088
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,846,126
2,887,052

CREDITORS
Amounts falling due after more than one
year
7
2,822,907
2,862,964
NET ASSETS 23,219 24,088

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 23,218 24,087
SHAREHOLDERS' FUNDS 23,219 24,088

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 notes form part of these financial statements

Page 3 continued...
ADVANCED CONSULTING SERVICE LIMITED (REGISTERED NUMBER: 05192279)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 2016


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 6 April 2017 and were signed by:





S Saab - Director


The notes form part of these financial statements

Page 4
ADVANCED CONSULTING SERVICE LIMITED (REGISTERED NUMBER: 05192279)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2016

1. STATUTORY INFORMATION

Advanced Consulting Service Limited is a private company, limited by shares , registered in England
and Wales. The company's registered number and registered office address can be found on the
Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the statement of financial position date.

Fixed asset investments
Fixed asset investments are included at fair value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4. FIXED ASSET INVESTMENTS
Other
loans
£   
At 1 August 2015 2,862,964
Repayment in year (259,059 )
At 31 July 2016 2,603,905

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 388,799 (11,949 )
Other debtors 45,737 46,498
434,536 34,549

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade creditors 83,374 2,178
Taxation and social security 27,000 10,988
Other creditors 86,976 3,030
197,350 16,196

Page 5 continued...
ADVANCED CONSULTING SERVICE LIMITED (REGISTERED NUMBER: 05192279)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2016

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2016 2015
£    £   
Other creditors 2,822,907 2,862,964

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 2,822,907 2,862,964

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director of the company, Mr S Saab, has given a personal guarantee against the loan of
£2,822,907.

Page 6