Allen Phillips Limited - Limited company - abbreviated - 11.6

Allen Phillips Limited - Limited company - abbreviated - 11.6

ALLEN PHILLIPS LIMITED - Company Information

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REGISTERED NUMBER: 03303179 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 January 2015

for

Allen Phillips Limited

Allen Phillips Limited (Registered number: 03303179)






Contents of the Abbreviated Accounts
for the Year Ended 31 January 2015




Page

Company Information 1

Chartered Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 5

Allen Phillips Limited

Company Information
for the Year Ended 31 January 2015







DIRECTORS: A D Huckle
Mrs R A Huckle
S A Huckle
Mrs A H Rye



SECRETARY: A D Huckle



REGISTERED OFFICE: 68 High St
Hail Weston
St Neots
Cambridgeshire
PE19 5JW



REGISTERED NUMBER: 03303179 (England and Wales)



ACCOUNTANTS: K E Wilson & Co
Chartered Acountants
40 The Highway
Great Staughton
St Neots
Cambridgeshire
PE19 5DA



PLACE OF BUSINESS: 8-10 High St
St Neots
Cambs PE19 1JA
Page 1
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Allen Phillips Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)
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 Allen Phillips Limited for the year ended 31 January 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 Board of Directors of Allen Phillips Limited, as a body, in accordance with our terms of
engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Allen Phillips
Limited and state those matters that we have agreed to state to the Board of Directors of Allen Phillips Limited, as a
body, 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 Board of Directors, as a
body, for our work or for this report.

It is your duty to ensure that Allen Phillips 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 Allen Phillips
Limited. You consider that Allen Phillips 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 Allen Phillips 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.






K E Wilson & Co
Chartered Acountants
40 The Highway
Great Staughton
St Neots
Cambridgeshire
PE19 5DA


6 March 2015

This page does not form part of the abbreviated accounts

Page 2
Allen Phillips Limited (Registered number: 03303179)

Abbreviated Balance Sheet
31 January 2015

31.1.15 31.1.14
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 170,294 174,241
170,294 174,241

CURRENT ASSETS
Stocks 90,513 104,504
Debtors 2,760 3,626
Cash at bank and in hand 111,216 71,938
204,489 180,068
CREDITORS
Amounts falling due within one year 21,527 15,083
NET CURRENT ASSETS 182,962 164,985
TOTAL ASSETS LESS CURRENT
LIABILITIES
353,256
339,226

CREDITORS
Amounts falling due after more than one
year
22,167
22,167
NET ASSETS 331,089 317,059

CAPITAL AND RESERVES
Called up share capital 4 121,000 121,000
Share premium 184,000 184,000
Profit and loss account 26,089 12,059
SHAREHOLDERS' FUNDS 331,089 317,059

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2015 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 notes form part of these abbreviated accounts

Page 3 continued...
Allen Phillips Limited (Registered number: 03303179)

Abbreviated Balance Sheet - continued
31 January 2015


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 6 March 2015 and were signed on its behalf by:





A D Huckle - Director


The notes form part of these abbreviated accounts

Page 4
Allen Phillips Limited (Registered number: 03303179)

Notes to the Abbreviated Accounts
for the Year Ended 31 January 2015

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 0, 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.


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.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2014
and 31 January 2015 29,669
AMORTISATION
At 1 February 2014
and 31 January 2015 29,669
NET BOOK VALUE

At 31 January 2015 -
At 31 January 2014 -

Page 5 continued...
Allen Phillips Limited (Registered number: 03303179)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 January 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2014
and 31 January 2015 244,847
DEPRECIATION
At 1 February 2014 70,606
Charge for year 3,947
At 31 January 2015 74,553
NET BOOK VALUE
At 31 January 2015 170,294
At 31 January 2014 174,241

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.15 31.1.14
value: £    £   
1,000 ordinary £1 1,000 1,000
120,000 Preference shares £1 120,000 120,000
121,000 121,000

5. CAPITAL REDUCTION

The company has agreed to buy back £80000 of the issued preference shares.

Page 6