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REGISTERED NUMBER: 00750570 (England and Wales)












Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Action Seals Ltd

Action Seals Ltd (Registered number: 00750570)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Action Seals Ltd

Company Information
for the Year Ended 31 March 2016







DIRECTORS: S J Quail
Mrs L C Quail
A E Quail





SECRETARY: S J Quail





REGISTERED OFFICE: Westfield Road
Wallasey
Merseyside
CH44 7JA





REGISTERED NUMBER: 00750570 (England and Wales)





ACCOUNTANTS: McEwan Wallace Limited
68 Argyle Street
Birkenhead
CH41 6AF

Action Seals Ltd (Registered number: 00750570)

Abbreviated Balance Sheet
31 March 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 7,785 6,200

CURRENT ASSETS
Stocks 228,738 226,406
Debtors 383,128 417,410
Cash at bank and in hand 12,861 13,026
624,727 656,842
CREDITORS
Amounts falling due within one year 65,959 91,379
NET CURRENT ASSETS 558,768 565,463
TOTAL ASSETS LESS CURRENT
LIABILITIES

566,553

571,663

PROVISIONS FOR LIABILITIES 1,385 1,178
NET ASSETS 565,168 570,485

CAPITAL AND RESERVES
Called up share capital 3 20,000 20,000
Profit and loss account 545,168 550,485
SHAREHOLDERS' FUNDS 565,168 570,485

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

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

Action Seals Ltd (Registered number: 00750570)

Abbreviated Balance Sheet - continued
31 March 2016


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 18 August 2016 and were signed on its
behalf by:





S J Quail - Director


Action Seals Ltd (Registered number: 00750570)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2016

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 January 2015).

Turnover
Income is recognised on an accruals basis according to delivery of the service or goods supplied.

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

Fixtures, fittings & office equipment - 10% on cost
Computer equipment - 33% on cost

Fixed assets are reviewed on a regular basis. Any amendments to the estimated economic life of the
assets is reflected in the depreciation charge.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which they
relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 19,858
Additions 4,290
At 31 March 2016 24,148
DEPRECIATION
At 1 April 2015 13,658
Charge for year 2,705
At 31 March 2016 16,363
NET BOOK VALUE
At 31 March 2016 7,785
At 31 March 2015 6,200

Action Seals Ltd (Registered number: 00750570)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2016

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
20,000 Ordinary £1 20,000 20,000

4. ULTIMATE PARENT COMPANY

The company is a wholly owned subsidiary of Beachbreeze Limited.

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2016 and
31 March 2015:

31.3.16 31.3.15
£    £   
S J Quail
Balance outstanding at start of year 44 9,221
Amounts advanced 32,040 31,874
Amounts repaid (31,380 ) (41,051 )
Balance outstanding at end of year 704 44

During the year, S J Quail, director, was advanced £32,040. This amount was made up of small and
varying transactions, none of which are of a material nature. £31,380 was repaid during the year. This
loan is interest free with no formal repayment schedule.