| ACCOUNTANTS & TAX ADVISORS LTD |
| Registered number: |
07088003 |
| Abbreviated Balance Sheet |
| as at 30 November 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
25,000 |
|
|
25,000 |
| Tangible assets |
3 |
|
|
15,195 |
|
|
13,530 |
|
|
|
|
40,195 |
|
|
38,530 |
|
| Current assets |
| Debtors |
|
|
8,720 |
|
|
4,000 |
| Cash at bank and in hand |
|
|
8,450 |
|
|
1,023 |
|
|
|
17,170 |
|
|
5,023 |
|
| Creditors: amounts falling due within one year |
|
|
(55,935) |
|
|
(43,110) |
|
| Net current liabilities |
|
|
|
(38,765) |
|
|
(38,087) |
|
| Net assets |
|
|
|
1,430 |
|
|
443 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
1,429 |
|
|
442 |
|
| Shareholder's funds |
|
|
|
1,430 |
|
|
443 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr Adnan Majid |
| Director |
| Approved by the board on 27 August 2016 |
|
| ACCOUNTANTS & TAX ADVISORS LTD |
| Notes to the Abbreviated Accounts |
| for the year ended 30 November 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
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. |
|
|
Depreciation |
|
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 |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2014 |
25,000 |
|
At 30 November 2015 |
25,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 30 November 2015 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2015 |
25,000 |
|
At 30 November 2014 |
25,000 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2014 |
16,500 |
|
Additions |
5,000 |
|
At 30 November 2015 |
21,500 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2014 |
2,970 |
|
Charge for the year |
3,335 |
|
At 30 November 2015 |
6,305 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2015 |
15,195 |
|
At 30 November 2014 |
13,530 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|