Accounts filed on 30-06-2017


Registered number: 02808961






ADC Services Ltd


ACCOUNTS

FOR THE YEAR ENDED 30/06/2017
























Prepared By:
Anstee Gorst
Ground Floor Offices, Unit 4 Eaton Court
Colmworth Business Park
Eaton Socon, St Neots
Cambridgeshire
PE19 8ER


ACCOUNTS
FOR THE YEAR ENDED 30/06/2017





DIRECTORS
Anthony Groom



SECRETARY
Sarah Groom


REGISTERED OFFICE
Blythe Farm
Mill Street
Gamlingay
Bedfordshire
SG19 3JW


COMPANY DETAILS
registered in , registered number 02808961



ACCOUNTANTS
Anstee Gorst
Ground Floor Offices, Unit 4 Eaton Court
Colmworth Business Park
Eaton Socon, St Neots
Cambridgeshire
PE19 8ER


ACCOUNTS
FOR THEYEARENDED30/06/2017



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/06/2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Tangible assets	3		124		192

CURRENT ASSETS
Stock		1,500		3,500
Debtors	5	8,717		4,000
Cash at bank and in hand		1,214		544
		11,431		8,044
CREDITORS: Amounts falling due within one year	6	10,913		8,032
NET CURRENT ASSETS			518		12
TOTAL ASSETS LESS CURRENT LIABILITIES			642		204

CAPITAL AND RESERVES

Called up share capital	8		1		1
Profit and loss account			641		203
SHAREHOLDERS' FUNDS			642		204

For the year ending 30/06/2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 17/03/2017 and signed on their behalf by



.............................
Anthony Groom
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Equipment		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




5. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	-	1
Other debtors	8,717	3,999
	8,717	4,000




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
UK corporation tax	1,327	2,009
PAYE control	-	25
Sarah Groom loan	5,477	3,640
Bank loans and overdrafts	3,060	-
Trade creditors	-	1,284
Accruals	1,049	1,074
	10,913	8,032




8. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1




9. CONTROLLING PARTY
The controlling party is A J Groom, a director of the company.




10. RELATED PARTY TRANSACTIONS
At the end of the period the amount of £8717 was owed by K2 Partners Ltd, a related party, for consultancy services.