A&C Publications Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07665910 (England and Wales)

A&C PUBLICATIONS LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C R Coles

Mrs A Coles

REGISTERED OFFICE:

Lodge House

Chipperfield Road

Bovingdon

Hemel Hempstead

HP3 0JR

REGISTERED NUMBER:

07665910 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Tangible assets

2

983

1,263

CURRENT ASSETS

Stocks

14,492

8,874

Debtors

38,872

35,218

Cash at bank

12,038

34,584

65,402

78,676

CREDITORS

Amounts falling due within one year

21,344

35,907

NET CURRENT ASSETS

44,058

42,769

TOTAL ASSETS LESS CURRENT
LIABILITIES

45,041

44,032

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

44,941

43,932

SHAREHOLDERS' FUNDS

45,041

44,032

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 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 Board of Directors on 23 August 2017 and were signed on its behalf by:

C R Coles - Director

Mrs A Coles - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small

company.

Turnover

Turnover represents net invoiced sales of goods and 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.

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

2,305

Additions

166

At 30 November 2016

2,471

DEPRECIATION

At 1 December 2015

1,042

Charge for year

446

At 30 November 2016

1,488

NET BOOK VALUE

At 30 November 2016

983

At 30 November 2015

1,263

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2016 and

30 November 2015:

2016

2015

£

Mrs A Coles and C R Coles

Balance outstanding at start of year

29,110

-

Amounts advanced

3,065

29,110

Amounts repaid

(31,800

)

-

Balance outstanding at end of year

375

29,110