AC Capital Management Limited - Accounts to registrar (filleted) - small 18.1

AC Capital Management Limited - Accounts to registrar (filleted) - small 18.1

AC CAPITAL MANAGEMENT LIMITED - Company Information

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REGISTERED NUMBER: 09150588 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2017

FOR

AC CAPITAL MANAGEMENT LIMITED
AC CAPITAL MANAGEMENT LIMITED (REGISTERED NUMBER: 09150588)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AC CAPITAL MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2017







DIRECTOR: Ms A Szostopal





REGISTERED OFFICE: The Pinnacle
170 Midsummer Boulevard
Milton Keynes
Buckinghamshire
MK9 1BP





REGISTERED NUMBER: 09150588 (England and Wales)





ACCOUNTANTS: Panton Accountancy Services Limited
The Pinnacle
170 Midsummer Boulevard
Milton Keynes
Buckinghamshire
MK9 1BP
Page 1
AC CAPITAL MANAGEMENT LIMITED (REGISTERED NUMBER: 09150588)

BALANCE SHEET
31 JULY 2017

31.7.17 31.7.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 - 217

CURRENT ASSETS
Debtors 6 62,502 38,436
Cash at bank and in hand 109,301 145,069
171,803 183,505
CREDITORS
Amounts falling due within one year 7 157,968 174,835
NET CURRENT ASSETS 13,835 8,670
TOTAL ASSETS LESS CURRENT
LIABILITIES
13,835
8,887

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 13,825 8,877
SHAREHOLDERS' FUNDS 13,835 8,887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 29 April 2018 and were signed by:





Ms A Szostopal - Director


The notes form part of these financial statements

Page 2
AC CAPITAL MANAGEMENT LIMITED (REGISTERED NUMBER: 09150588)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2017


1. STATUTORY INFORMATION

Ac Capital Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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

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 cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 3 continued...
AC CAPITAL MANAGEMENT LIMITED (REGISTERED NUMBER: 09150588)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2017


5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 August 2016
and 31 July 2017 650
DEPRECIATION
At 1 August 2016 433
Charge for year 217
At 31 July 2017 650
NET BOOK VALUE
At 31 July 2017 -
At 31 July 2016 217

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.17 31.7.16
£    £   
Trade debtors 61,302 37,236
Other debtors 1,200 1,200
62,502 38,436

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.17 31.7.16
£    £   
Trade creditors 48,530 73,083
Taxation and social security 80,164 63,012
Other creditors 29,274 38,740
157,968 174,835

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £35,000 (2016 - £35,000) were paid to the director .

9. ULTIMATE CONTROLLING PARTY

The controlling party is Ms A Szostopal.

Page 4