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REGISTERED NUMBER: SC458684 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

A A C RENEWABLES & PLUMBING LIMITED

A A C RENEWABLES & PLUMBING LIMITED (REGISTERED NUMBER: SC458684)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A A C RENEWABLES & PLUMBING LIMITED

COMPANY INFORMATION
For The Year Ended 31 December 2016







DIRECTORS: Campbell Clark
Andrew Inglis





REGISTERED OFFICE: c/o Abacus Services
Abacus Building,
8 High Street
Oban
Argyll
PA34 4BG





REGISTERED NUMBER: SC458684 (Scotland)





ACCOUNTANTS: R A Clement Associates
5 Argyll Square
Oban
Argyll
PA34 4AZ

A A C RENEWABLES & PLUMBING LIMITED (REGISTERED NUMBER: SC458684)

BALANCE SHEET
31 December 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,433 250

CURRENT ASSETS
Stocks 26,000 22,000
Debtors 5 4,637 1,605
Cash at bank - 8,372
30,637 31,977
CREDITORS
Amounts falling due within one year 6 42,344 31,139
NET CURRENT (LIABILITIES)/ASSETS (11,707 ) 838
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,726

1,088

PROVISIONS FOR LIABILITIES 8 3,312 -
NET ASSETS 2,414 1,088

CAPITAL AND RESERVES
Called up share capital 9 90 90
Retained earnings 10 2,324 998
SHAREHOLDERS' FUNDS 2,414 1,088

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

A A C RENEWABLES & PLUMBING LIMITED (REGISTERED NUMBER: SC458684)

BALANCE SHEET - continued
31 December 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.

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 26 June 2017 and were signed on its behalf by:





Campbell Clark - Director


A A C RENEWABLES & PLUMBING LIMITED (REGISTERED NUMBER: SC458684)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2016

1. STATUTORY INFORMATION

A A C Renewables & Plumbing Limited is a private company, limited by shares , registered in Scotland. 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.

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.
Motor vehicles - 25% on cost
Computer equipment - 33% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

A A C RENEWABLES & PLUMBING LIMITED (REGISTERED NUMBER: SC458684)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2016

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2016 - 562 562
Additions 21,250 - 21,250
At 31 December 2016 21,250 562 21,812
DEPRECIATION
At 1 January 2016 - 312 312
Charge for year 3,984 83 4,067
At 31 December 2016 3,984 395 4,379
NET BOOK VALUE
At 31 December 2016 17,266 167 17,433
At 31 December 2015 - 250 250

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 4,637 1,605

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Bank loans and overdrafts (see note 7) 3,253 -
Hire purchase contracts 4,876 -
Trade creditors 8,591 9,043
Tax 2,816 5,759
VAT 1,568 2,734
Directors' current accounts 20,240 12,603
Accrued expenses 1,000 1,000
42,344 31,139

7. LOANS

An analysis of the maturity of loans is given below:

2016 2015
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 3,253 -

8. PROVISIONS FOR LIABILITIES
2016 2015
£    £   
Deferred tax 3,312 -

A A C RENEWABLES & PLUMBING LIMITED (REGISTERED NUMBER: SC458684)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2016

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Provided during year 3,312
Balance at 31 December 2016 3,312

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
90 Ordinary £1 90 90

10. RESERVES
Retained
earnings
£   

At 1 January 2016 998
Profit for the year 25,326
Dividends (24,000 )
At 31 December 2016 2,324

11. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party, as each director has an equal shareholding.