Ace Locums Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 03105144 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2016

for

Ace Locums Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs B Sivaramalingam

SECRETARY:

Dr T R Sivaramalingam

REGISTERED OFFICE:

Leaside

30 Bulstrode Way

Gerrards Cross

Buckinghamshire

SL9 7QU

REGISTERED NUMBER:

03105144 (England and Wales)

ACCOUNTANTS:

Danton Partners Ltd

Chartered Management Accountants

7 Merlin Centre

Gatehouse Close

Aylesbury

Buckinghamshire

HP19 8DP

FIXED ASSETS

Tangible assets

2

-

17

CURRENT ASSETS

Cash at bank

35,759

27,810

CREDITORS

Amounts falling due within one year

35,757

25,860

NET CURRENT ASSETS

2

1,950

TOTAL ASSETS LESS CURRENT
LIABILITIES

2

1,967

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

-

1,965

SHAREHOLDERS' FUNDS

2

1,967

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 28 March 2017 and were signed by:

Mrs B Sivaramalingam - 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 services, excluding value added tax.

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

-

25% on reducing balance

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 October 2015

and 30 September 2016

1,621

DEPRECIATION

At 1 October 2015

1,604

Charge for year

17

At 30 September 2016

1,621

NET BOOK VALUE

At 30 September 2016

-

At 30 September 2015

17

3.	CALLED UP SHARE CAPITAL

Allotted

and

issued:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

2

Ordinary

1

2

2 Ordinary shares of 1 each were allotted at par during the year.

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2016 and

30 September 2015:

30.9.16

30.9.15

£

Mrs B Sivaramalingam

Balance outstanding at start of year

-

Amounts advanced

2,979

-

Amounts repaid

-

Balance outstanding at end of year

2,979

-

The Director Loan of £2,979 was fully repaid back to the company on 03rd March 2017.