Registered Number 08541154

A C BOOKKEEPING LTD

Abbreviated Accounts

31 May 2016

A C BOOKKEEPING LTD Registered Number 08541154

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 7,000 8,000
Tangible assets 3 611 814
7,611 8,814
Current assets
Debtors 4,707 4,903
Cash at bank and in hand 1,897 1,642
6,604 6,545
Creditors: amounts falling due within one year (10,088 ) (11,056 )
Net current assets (liabilities) (3,484 ) (4,511 )
Total assets less current liabilities 4,127 4,303
Total net assets (liabilities) 4,127 4,303
Capital and reserves
Called up share capital 4 2 1
Profit and loss account 4,125 4,302
Shareholders' funds 4,127 4,303

  • For the year ending 31 May 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 16 December 2016

And signed on their behalf by:
Brunella Colquhoun, Director

A C BOOKKEEPING LTD Registered Number 08541154

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1 Accounting 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 January 2015).

Turnover policy
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 25% on reducing balance

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Other accounting policies
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 Intangible fixed assets
£
Cost
At 1 June 2015 10,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 10,000
Amortisation
At 1 June 2015 2,000
Charge for the year 1,000
On disposals -
At 31 May 2016 3,000
Net book values
At 31 May 2016 7,000
At 31 May 2015 8,000
3 Tangible fixed assets
£
Cost
At 1 June 2015 1,334
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 1,334
Depreciation
At 1 June 2015 520
Charge for the year 203
On disposals -
At 31 May 2016 723
Net book values
At 31 May 2016 611
At 31 May 2015 814
4 Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
2 Ordinary shares of £1 each (1 shares for 2015) 2 1

1 Ordinary share of £1 was issued during the year for cash of £1