Abbreviated Unaudited Accounts

for the Year Ended 28th February 2015

for

Tracey Cartledge Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTOR:

Mrs T D Wigley

SECRETARY:

P D Wigley

REGISTERED OFFICE:

22 Nicolas Road

Chorlton

Manchester

M21 9LR

REGISTERED NUMBER:

06517366 (England and Wales)

ACCOUNTANTS:

Allen Mills Howard & Co

Chartered Accountants

Lewis House

56 Manchester Road

Altrincham

Cheshire

WA14 4PJ

FIXED ASSETS

Tangible assets

2

418

444

CURRENT ASSETS

Stocks

2,000

3,000

Debtors

2,272

2,727

Cash at bank and in hand

118

-

4,390

5,727

CREDITORS

Amounts falling due within one year

5,878

6,566

NET CURRENT LIABILITIES

(1,488

)

(839

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,070

)

(395

)

PROVISIONS FOR LIABILITIES

84

89

NET LIABILITIES

(1,154

)

(484

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(1,155

)

(485

)

SHAREHOLDERS' FUNDS

(1,154

)

(484

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director on 5th June 2015 and were signed by:

Mrs T D Wigley - Director

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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Computer equipment

-

33.33% on cost

Stocks

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

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st March 2014

6,994

Additions

294

At 28th February 2015

7,288

DEPRECIATION

At 1st March 2014

6,550

Charge for year

320

At 28th February 2015

6,870

NET BOOK VALUE

At 28th February 2015

418

At 28th February 2014

444

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.15

28.2.14

value:

£

£

1

Ordinary

1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28th February 2015 and

28th February 2014:

28.2.15

28.2.14

£

£

Mrs T D Wigley

Balance outstanding at start of year

(950

)

6,328

Amounts advanced

13,566

13,239

Amounts repaid

(12,675

)

(20,517

)

Balance outstanding at end of year

(59

)

(950

)

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Tracey Cartledge Limited for the year ended 28th February 2015 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Tracey Cartledge Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tracey Cartledge Limited and state those matters that we have agreed to state to the director of Tracey Cartledge Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Tracey Cartledge Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tracey Cartledge Limited. You consider that Tracey Cartledge Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tracey Cartledge Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Allen Mills Howard & Co

Chartered Accountants

Lewis House

56 Manchester Road

Altrincham

Cheshire

WA14 4PJ

5th June 2015