Registered Number 04652119


Abbreviated Accounts

31 December 2014


Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,041 1,225
1,041 1,225
Current assets
Debtors 21,480 17,711
Cash at bank and in hand 3,531 -
25,011 17,711
Creditors: amounts falling due within one year (18,265) (13,458)
Net current assets (liabilities) 6,746 4,253
Total assets less current liabilities 7,787 5,478
Creditors: amounts falling due after more than one year (7,353) (12,965)
Provisions for liabilities (209) (246)
Total net assets (liabilities) 225 (7,733)
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 223 (7,735)
Shareholders' funds 225 (7,733)
  • For the year ending 31 December 2014 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 23 July 2015

And signed on their behalf by:
M E Williams, Director


Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
Basis of preparation

The full financial statements, from which these abbreviated Accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Going concern

The financial statements have been prepared on a going concern basis.

Turnover policy
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Office equipment: 15% on written down value

Intangible assets amortisation policy
Goodwill representing the excess of the purchase price over the fair value of the net assets of undertakings acquired is capitalised in the balance sheet and is amortised by equal annual instalments over the expected economic life of 10 years.

Amortisation: 10% on cost

Other accounting policies
Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE.

Deferred tax is measured at the rates that are expected to apply in the period when the timing differences are expected to reverse, based on the tax and law enacted at the balance sheet date.

2 Tangible fixed assets
At 1 January 2014 4,734
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 4,734
At 1 January 2014 3,509
Charge for the year 184
On disposals -
At 31 December 2014 3,693
Net book values
At 31 December 2014 1,041
At 31 December 2013 1,225
3 Called Up Share Capital
Allotted, called up and fully paid:
1 A Ordinary share of £1 each 1 1
1 B Ordinary shares of £1 each 1 1

4Transactions with directors

Name of director receiving advance or credit: M E Williams
Description of the transaction: Directors current account
Balance at 1 January 2014: £ 14,994
Advances or credits made: £ 16,549
Advances or credits repaid: £ 13,050
Balance at 31 December 2014: £ 18,493



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