Totally Consultancy Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05424104 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Totally Consultancy Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J C Torrie

SECRETARY:

Mrs L A Torrie

REGISTERED OFFICE:

7 Time Park

Whiston

Prescot

Merseyside

L35 7NU

REGISTERED NUMBER:

05424104 (England and Wales)

ACCOUNTANTS:

Amanda Fairclough Associates Limited

7 Time Park

Whiston

Prescot

Merseyside

L35 7NU

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

93

184

93

184

CURRENT ASSETS

Debtors

8,219

16,949

Cash at bank

158,641

177,888

166,860

194,837

CREDITORS

Amounts falling due within one year

16,303

30,669

NET CURRENT ASSETS

150,557

164,168

TOTAL ASSETS LESS CURRENT LIABILITIES

150,650

164,352

CAPITAL AND RESERVES

Called up share capital

4

99

99

Profit and loss account

150,551

164,253

SHAREHOLDERS' FUNDS

150,650

164,352

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 19 August 2014 and were signed by:

J C Torrie - 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 services, excluding value added tax.

Intangible fixed assets

Amortisation is provided on the franchise licence on a straight line basis over its five year term

commencing from 1 August 2005, the date of commencement to trade.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

25,000

AMORTISATION

At 1 April 2013

and 31 March 2014

25,000

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

2,759

DEPRECIATION

At 1 April 2013

2,575

Charge for year

91

At 31 March 2014

2,666

NET BOOK VALUE

At 31 March 2014

93

At 31 March 2013

184

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

99

Ordinary

£1

99

99

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date the company was indebted to the director in the sum of £4,652

(2013 - £881). This loan is interest free and has no fixed terms of repayment.

During the year the director and his related parties received dividends of £49,500 (2013 -

£51,975).