Account Recovery Limited - Abbreviated accounts

Registered number

02721022

Account Recovery Limited

Abbreviated Accounts

30 June 2014

Account Recovery Limited
Registered number:		02721022
Abbreviated Balance Sheet
as at 30 June 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		898			1,294

Current assets
Debtors		14,454			15,448
Cash at bank and in hand		2,172			382
		16,626			15,830

Creditors: amounts falling due within one year		(7,215)			(7,468)

Net current assets			9,411			8,362

Net assets			10,309			9,656

Capital and reserves
Called up share capital	3		2			2
Profit and loss account			10,307			9,654

Shareholders' funds			10,309			9,656

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



M A Taylor
Director
Approved by the board on 10 March 2015

Account Recovery Limited
Notes to the Abbreviated Accounts
for the year ended 30 June 2014

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Office Equipment			25% straight line



2	Tangible fixed assets					£

	Cost
	At 1 July 2013					11,647
	At 30 June 2014					11,647

	Depreciation
	At 1 July 2013					10,353
	Charge for the year					396
	At 30 June 2014					10,749

	Net book value
	At 30 June 2014					898
	At 30 June 2013					1,294



























3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		2		2		2