REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Abbreviated Unaudited Accounts |
|
for the Year Ended 30 April 2015 |
|
for |
|
Advanced Company Software Ltd |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Abbreviated Unaudited Accounts |
|
for the Year Ended 30 April 2015 |
|
for |
|
Advanced Company Software Ltd |
Advanced Company Software Ltd (Registered number: 06888485) |
|
|
|
|
|
|
Contents of the Abbreviated Accounts |
for the Year Ended 30 April 2015 |
|
|
|
|
Page |
|
Abbreviated Balance Sheet | 1 |
|
Notes to the Abbreviated Accounts | 3 |
Advanced Company Software Ltd (Registered number: 06888485) |
|
Abbreviated Balance Sheet |
30 April 2015 |
|
30.4.15 | 30.4.14 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
|
|
|
CURRENT ASSETS |
Debtors |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year |
|
|
NET CURRENT ASSETS/(LIABILITIES) |
|
( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one
year |
|
( |
) |
|
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 3 |
|
|
Share premium |
|
|
Profit and loss account |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
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. |
Advanced Company Software Ltd (Registered number: 06888485) |
|
Abbreviated Balance Sheet - continued |
30 April 2015 |
|
|
|
|
|
The financial statements were approved by the Board of Directors on
behalf by: |
|
|
|
|
|
|
|
Advanced Company Software Ltd (Registered number: 06888485) |
|
Notes to the Abbreviated Accounts |
for the Year Ended 30 April 2015 |
|
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 April 2008). |
|
Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax. |
|
Revenue is recognised as the company becomes entitled to consideration for the goods and services supplied. |
Therefore, turnover also includes the element of work completed but not yet invoiced on service contracts. |
|
Tangible fixed assets |
|
|
Fixtures and fittings | - |
|
Motor vehicles | - |
|
Computer equipment | - |
|
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date. |
|
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those |
held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance |
leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
|
The interest element of these obligations is charged to the profit and loss account over the relevant period. |
The capital element of the future payments is treated as a liability. |
|
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
period of the lease. |
Advanced Company Software Ltd (Registered number: 06888485) |
|
Notes to the Abbreviated Accounts - continued |
for the Year Ended 30 April 2015 |
|
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 May 2014 |
|
Additions |
|
Disposals | ( |
) |
At 30 April 2015 |
|
DEPRECIATION |
At 1 May 2014 |
|
Charge for year |
|
Eliminated on disposal | ( |
) |
At 30 April 2015 |
|
NET BOOK VALUE |
At 30 April 2015 |
|
At 30 April 2014 |
|
|
3. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.04.15 | 30.04.14 |
Value: | £ | £ |
40 | Ordinary A | £0.01 | 0.4 | 0.4 |
40 | Ordinary B | £0.01 | 0.4 | 0.4 |
10 | Ordinary C | £0.01 | 0.1 | 0.1 |
10 | Ordinary D | £0.01 | 0.1 | 0.1 |
1 | 1 |
|
4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
|
The following advances and credits to directors subsisted during the years ended 30 April 2015 and |
30 April 2014: |
|
30.4.15 | 30.4.14 |
£ | £ |
|
Balance outstanding at start of year |
|
|
Amounts advanced |
|
|
Amounts repaid | ( |
) | ( |
) |
Balance outstanding at end of year |
|
|
|
|
Balance outstanding at start of year | ( |
) |
|
Amounts advanced |
|
|
Amounts repaid | ( |
) | ( |
) |
Balance outstanding at end of year | ( |
) | ( |
) |
Advanced Company Software Ltd (Registered number: 06888485) |
|
Notes to the Abbreviated Accounts - continued |
for the Year Ended 30 April 2015 |
|
4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued |
|
Interest on overdrawn directors loans was charged at 3.25%. |
|
The loans made to the directors are unsecured and repayable on demand. |
|
During the year, dividends of £33,500 were paid to the directors. |