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REGISTERED NUMBER: 06697883 (England and Wales)









Financial Statements

for the Year Ended

30 September 2023

for

ACBD Limited

ACBD Limited (Registered number: 06697883)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ACBD Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: A Clancy





REGISTERED OFFICE: 28 Church Road
Stanmore
Middlesex
HA7 4XR





REGISTERED NUMBER: 06697883 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
28 Church Road
Stanmore
Middlesex
HA7 4XR

ACBD Limited (Registered number: 06697883)

Statement of Financial Position
30 September 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 1,000 1,000
Investments 6 78,017 80,216
Cash at bank 365,335 346,730
444,352 427,946
CREDITORS
Amounts falling due within one year 7 (41,303 ) (34,312 )
NET CURRENT ASSETS 403,049 393,634
TOTAL ASSETS LESS CURRENT
LIABILITIES

403,049

393,634

PROVISIONS FOR LIABILITIES (6,063 ) (5,026 )
NET ASSETS 396,986 388,608

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 396,886 388,508
396,986 388,608

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 9 April 2024 and were signed by:





A Clancy - Director


ACBD Limited (Registered number: 06697883)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

ACBD 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

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

Income is recognised on the provision of the service.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20 - 33.33% per annum on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Investments
Listed current asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in the profit and loss account. Transaction costs are expensed to the profit and loss account as incurred,

Unlisted current asset investments are measured at cost, including transaction costs, and are subsequently assessed for impairment at each reporting date. Any impairment losses or reversals of impairment losses are recognised immediately in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

ACBD Limited (Registered number: 06697883)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 4,197
DEPRECIATION
At 1 October 2022
and 30 September 2023 4,197
NET BOOK VALUE
At 30 September 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,000 1,000

6. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments 57,252 59,451
Unlisted investments 20,765 20,765
78,017 80,216

The above amounts includes listed investments and unlisted investments at cost of £33,000 (2022: £33,000) and £20,765 (2022: £20,765) respectively.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 18,689 17,088
Other creditors 22,614 17,224
41,303 34,312

8. RELATED PARTY DISCLOSURES

Included within other creditors at the year end is an amount of £20,333 (2022: £16,204) due to the director A Clancy. The balance has been provided unsecured, interest free and is repayable on demand. Interest totalling £nil (2022: £597) has been charged at a rate of 2% whilst the account was overdrawn.