Michelle Levene Consulting Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07260598 (England and Wales)

MICHELLE LEVENE CONSULTING LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2014

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 three)

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 Michelle Levene Consulting Ltd for the year ended 31 May 2014 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 Michelle Levene Consulting Ltd in accordance with the terms of our

engagement letter dated 26 January 2015. Our work has been undertaken solely to prepare for your approval the

financial statements of Michelle Levene Consulting Ltd and state those matters that we have agreed to state to the

director of Michelle Levene Consulting Ltd 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 Michelle Levene Consulting Ltd 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

Michelle Levene Consulting Ltd. You consider that Michelle Levene Consulting Ltd 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 Michelle Levene Consulting

Ltd. 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.

Breeze & Associates Ltd.

Chartered Accountants

6 Marlborough Place

Brighton

East Sussex

BN1 1UB

18 February 2015

Page

Chartered Accountants' Report

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

7,443

399

CURRENT ASSETS

Debtors

25,499

12,262

Cash at bank

79,647

46,291

105,146

58,553

CREDITORS

Amounts falling due within one year

33,876

27,039

NET CURRENT ASSETS

71,270

31,514

TOTAL ASSETS LESS CURRENT LIABILITIES

78,713

31,913

PROVISIONS FOR LIABILITIES

1,489

-

NET ASSETS

77,224

31,913

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

77,223

31,912

SHAREHOLDERS' FUNDS

77,224

31,913

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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 17 February 2015 and were signed by:

Ms M F Levene - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of services, 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33.33% 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, to the extent that it is material.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

2,467

Additions

10,709

At 31 May 2014

13,176

DEPRECIATION

At 1 June 2013

2,068

Charge for year

3,665

At 31 May 2014

5,733

NET BOOK VALUE

At 31 May 2014

7,443

At 31 May 2013

399

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1