Registered Number SC351378

A & J ACCOUNTANCY SERVICES LTD

Abbreviated Accounts

31 May 2016

A & J ACCOUNTANCY SERVICES LTD Registered Number SC351378

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 119,544 179,316
Tangible assets 3 10,060 13,081
129,604 192,397
Current assets
Debtors - 492
Cash at bank and in hand 69,344 99,049
69,344 99,541
Prepayments and accrued income 5,076 5,118
Creditors: amounts falling due within one year (106,124) (182,738)
Net current assets (liabilities) (31,704) (78,079)
Total assets less current liabilities 97,900 114,318
Total net assets (liabilities) 97,900 114,318
Capital and reserves
Called up share capital 2 2
Profit and loss account 97,898 114,316
Shareholders' funds 97,900 114,318
  • For the year ending 31 May 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 27 February 2017

And signed on their behalf by:
Angela Carswell, Director

A & J ACCOUNTANCY SERVICES LTD Registered Number SC351378

Notes to the Abbreviated Accounts for the period ended 31 May 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 April 2008.

Turnover policy
Turnover represents the value of services provided, net of VAT and discounts.

Tangible assets depreciation policy
Equipment depreciated at 25% pa reducing balance

Intangible assets amortisation policy
Goodwill amortised over 5 years

2Intangible fixed assets
£
Cost
At 1 June 2015 303,553
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 303,553
Amortisation
At 1 June 2015 124,237
Charge for the year 59,772
On disposals -
At 31 May 2016 184,009
Net book values
At 31 May 2016 119,544
At 31 May 2015 179,316
3Tangible fixed assets
£
Cost
At 1 June 2015 22,386
Additions 332
Disposals -
Revaluations -
Transfers -
At 31 May 2016 22,718
Depreciation
At 1 June 2015 9,305
Charge for the year 3,353
On disposals -
At 31 May 2016 12,658
Net book values
At 31 May 2016 10,060
At 31 May 2015 13,081