Abbreviated Company Accounts - ACCOUNTANTS & TAX ADVISORS LTD

07088003 ACCOUNTANTS & TAX ADVISORS LTD 2016-11-30 false 2015-12-01 2016-11-30 true 07088003 2015-12-01 2016-11-30 07088003 2016-11-30 07088003 2015-11-30 07088003 uk-gaap-cd-bus:Director1 2015-12-01 2016-11-30 07088003 uk-gaap-cd-bus:Director2 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 iso4217:GBP shares

Registered Number 07088003

ACCOUNTANTS & TAX ADVISORS LTD

Abbreviated Accounts

30 November 2016

ACCOUNTANTS & TAX ADVISORS LTD Registered Number 07088003

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	25,000	25,000
Tangible assets	3	16,495	15,195
		41,495	40,195
Current assets
Debtors		2,000	8,720
Cash at bank and in hand		5,419	8,450
		7,419	17,170
Creditors: amounts falling due within one year		(47,707)	(55,935)
Net current assets (liabilities)		(40,288)	(38,765)
Total assets less current liabilities		1,207	1,430
Total net assets (liabilities)		1,207	1,430
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		1,206	1,429
Shareholders' funds		1,207	1,430

For the year ending 30 November 2016 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 31 August 2017

And signed on their behalf by:
Mr Asif Ghafoor, Director

ACCOUNTANTS & TAX ADVISORS LTD Registered Number 07088003

Notes to the Abbreviated Accounts for the period ended 30 November 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 18% reducing balance
Fixtures and fittings 18% reducing balance

2Intangible fixed assets

	£
Cost
At 1 December 2015	25,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2016	25,000
Amortisation
At 1 December 2015	-
Charge for the year	-
On disposals	-
At 30 November 2016	-
Net book values
At 30 November 2016	25,000
At 30 November 2015	25,000

3Tangible fixed assets

	£
Cost
At 1 December 2015	21,500
Additions	4,921
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2016	26,421
Depreciation
At 1 December 2015	6,305
Charge for the year	3,621
On disposals	-
At 30 November 2016	9,926
Net book values
At 30 November 2016	16,495
At 30 November 2015	15,195

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1