ASK PLANNING LIMITED - Limited company - abbreviated

REGISTERED NUMBER: 06918758 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2014

for

ASK PLANNING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms P Finch

REGISTERED OFFICE:

Alpha House

646c Kingsbury Road

Kingsbury

London

NW9 9HN

REGISTERED NUMBER:

06918758 (England and Wales)

ACCOUNTANTS:

Frasers Young Limited

Chartered Certified Accountants

Alpha House

646c Kingsbury Road

Kingsbury

London

NW9 9HN

FIXED ASSETS

Intangible assets

2

40,000

Tangible assets

3

10,811

13,163

50,811

53,163

CURRENT ASSETS

Debtors

59,902

14,084

Cash at bank

273,226

153,662

333,128

167,746

CREDITORS

Amounts falling due within one year

(79,365

)

(60,700

)

NET CURRENT ASSETS

253,763

107,046

TOTAL ASSETS LESS CURRENT
LIABILITIES

304,574

160,209

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

304,474

160,109

SHAREHOLDERS' FUNDS

304,574

160,209

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 28 February 2015 and were signed by:

Ms P Finch - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of nil years.

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

-

15% on reducing balance

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 June 2013

and 31 May 2014

40,000

NET BOOK VALUE

At 31 May 2014

40,000

At 31 May 2013

40,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

27,768

DEPRECIATION

At 1 June 2013

14,605

Charge for year

2,352

At 31 May 2014

16,957

NET BOOK VALUE

At 31 May 2014

10,811

At 31 May 2013

13,163

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

100

Ordinary

£1

100

ASK PLANNING LIMITED - Limited company - abbreviated - 11.6

ASK PLANNING LIMITED - Limited company - abbreviated - 11.6