G. Elliott & Co. Limited - Limited company - abbreviated

REGISTERED NUMBER: 03761770 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2014

FOR

G. ELLIOTT & CO. LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G R M Elliott

Mrs C M Elliott.

SECRETARY:

Mr. G R M Elliott

REGISTERED OFFICE:

Oxford House

15-17 Mount Ephraim Road

Tunbridge Wells

Kent

TN1 1EN

REGISTERED NUMBER:

03761770 (England and Wales)

ACCOUNTANTS:

Ward Mackenzie

Rauter House

1 Sybron Way

Crowborough

East Sussex

TN6 3DZ

FIXED ASSETS

Tangible assets

2

37,601

3,611

Investments

3

-

35,700

Investment property

4

31,225

68,826

70,536

CURRENT ASSETS

Cash at bank

143,830

51,893

CREDITORS

Amounts falling due within one year

(82,617

)

(73,176

)

NET CURRENT ASSETS/(LIABILITIES)

61,213

(21,283

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

130,039

49,253

CAPITAL AND RESERVES

Called up share capital

5

2

Profit and loss account

130,037

49,251

SHAREHOLDERS' FUNDS

130,039

49,253

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 26 February 2015 and were signed on its behalf
by:

Mrs C M Elliott. - 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.

Tangible fixed assets

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

Equipment

-

20% on reducing balance

Computer equipment

-

33% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

33,242

Additions

12,750

Reclassification/transfer

29,750

At 30 April 2014

75,742

DEPRECIATION

At 1 May 2013

29,631

Charge for year

8,510

At 30 April 2014

38,141

NET BOOK VALUE

At 30 April 2014

37,601

At 30 April 2013

3,611

3.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

30.4.14

30.4.13

£

Other Investments

35,700

Reclassification fixed asset

(35,700

)

-

35,700

4.	INVESTMENT PROPERTY

Total

£

COST

At 1 May 2013

and 30 April 2014

31,225

NET BOOK VALUE

At 30 April 2014

31,225

At 30 April 2013

31,225

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

2

Ordinary

£1

2

G. Elliott & Co. Limited - Limited company - abbreviated - 11.6

G. Elliott & Co. Limited - Limited company - abbreviated - 11.6