AC Cubed Limited - Accounts to registrar - small 17.1.1

AC Cubed Limited - Accounts to registrar - small 17.1.1

AC CUBED LIMITED - Company Information

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REGISTERED NUMBER: 09780672 (England and Wales)















Abridged Unaudited Financial Statements

for the Period 16 September 2015 to 30 September 2016

for

AC Cubed Limited

AC Cubed Limited (Registered number: 09780672)






Contents of the Financial Statements
for the Period 16 September 2015 to 30 September 2016




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


AC Cubed Limited

Company Information
for the Period 16 September 2015 to 30 September 2016







DIRECTORS: Mr A C M Collins
Mrs C E G Collins





REGISTERED OFFICE: 5 Luke Street
London
Greater London
EC2A 4PX





REGISTERED NUMBER: 09780672 (England and Wales)





ACCOUNTANTS: Litchfields
5 Luke Street
London
EC2A 4PX
Page 1
AC Cubed Limited (Registered number: 09780672)

Abridged Balance Sheet
30 September 2016

Notes £    £   
FIXED ASSETS
Investment property 3 700,116

CURRENT ASSETS
Debtors 72,874
Cash at bank 12,892
85,766
CREDITORS
Amounts falling due within one year 432,306
NET CURRENT LIABILITIES (346,540 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
353,576

CREDITORS
Amounts falling due after more than one
year
4
(322,500
)

PROVISIONS FOR LIABILITIES (6,000 )
NET ASSETS 25,076

CAPITAL AND RESERVES
Called up share capital 6
Retained earnings 25,070
25,076

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

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

The directors acknowledge their 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 2 continued...
AC Cubed Limited (Registered number: 09780672)

Abridged Balance Sheet - continued
30 September 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 30 September 2016 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors on 29 May 2017 and were signed on its behalf by:





Mr A C M Collins - Director


The notes form part of these financial statements

Page 3
AC Cubed Limited (Registered number: 09780672)

Notes to the Financial Statements
for the Period 16 September 2015 to 30 September 2016

1. STATUTORY INFORMATION

AC Cubed 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

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

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 670,116
Revaluations 30,000
At 30 September 2016 700,116
NET BOOK VALUE
At 30 September 2016 700,116

Cost or valuation at 30 September 2016 is represented by:

£   
Valuation in 2016 30,000
Cost 670,116
700,116

4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
£   
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 322,500

5. CAPITAL COMMITMENTS
£   
Contracted but not provided for in the
financial statements 403,750

Page 4