Abbreviated Company Accounts - ACORN SERVICES (EDINBURGH) LIMITED

Abbreviated Company Accounts - ACORN SERVICES (EDINBURGH) LIMITED

ACORN SERVICES (EDINBURGH) LIMITED - Company Information

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Registered Number SC201254

ACORN SERVICES (EDINBURGH) LIMITED

Abbreviated Accounts

30 November 2016

ACORN SERVICES (EDINBURGH) LIMITED Registered Number SC201254

Abbreviated Balance Sheet as at 30 November 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 27,688 29,443
27,688 29,443
Current assets
Stocks 21,645 15,688
Debtors 125,885 115,291
Cash at bank and in hand 194,979 166,781
342,509 297,760
Creditors: amounts falling due within one year (135,011) (116,832)
Net current assets (liabilities) 207,498 180,928
Total assets less current liabilities 235,186 210,371
Creditors: amounts falling due after more than one year (55,922) (55,128)
Total net assets (liabilities) 179,264 155,243
Capital and reserves
Called up share capital 13 13
Profit and loss account 179,251 155,230
Shareholders' funds 179,264 155,243
  • For the year ending 30 November 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 4 April 2017

And signed on their behalf by:
J Cranston, Director

ACORN SERVICES (EDINBURGH) LIMITED Registered Number SC201254

Notes to the Abbreviated Accounts for the period ended 30 November 2016

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
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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

Equipment, fixtures and fittings 20% reducing balance
Motor vehicles 20% reducing balance

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets
£
Cost
At 1 December 2015 140,710
Additions 5,167
Disposals -
Revaluations -
Transfers -
At 30 November 2016 145,877
Depreciation
At 1 December 2015 111,267
Charge for the year 6,922
On disposals -
At 30 November 2016 118,189
Net book values
At 30 November 2016 27,688
At 30 November 2015 29,443