Ardohr Limited - Limited company - abbreviated - 11.6

ARDOHR LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A M Meynell

J M Arnaiz de Castro

A W Balfour

SECRETARY:

Forsters Secretaries

REGISTERED OFFICE:

31 Hill Street

London

W1J 5LS

REGISTERED NUMBER:

03156714 (England and Wales)

ACCOUNTANTS:

Haines Watts

Aldbury House

Dower Mews

108 High Street

Berkhamsted

Hertfordshire

HP4 2BL

FIXED ASSETS

Tangible Assets

2

199,129

174,957

CURRENT ASSETS

Debtors

6,144

12,601

CREDITORS

Amounts falling due within one year

43,098

69,996

NET CURRENT LIABILITIES

(36,954

)

(57,395

)

TOTAL ASSETS LESS CURRENT LIABILITIES

162,175

117,562

CREDITORS

Amounts falling due after more than one year

135,000

-

NET ASSETS

27,175

117,562

CAPITAL AND RESERVES

Called Up Share Capital

3

22,753

22,753

Share Premium

297,247

297,247

Profit and Loss Account

(292,825

)

(202,438

)

SHAREHOLDERS' FUNDS

27,175

117,562

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 29 March 2015 and were signed on its behalf by:

A M Meynell - 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.

Plant and Machinery

-

50% on reducing balance and 25% on reducing balance

Depreciation is not provided on freehold land as it is deemed by the Directors that its value

has not decreased.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

362,311

Additions

38,355

At 30 June 2014

400,666

DEPRECIATION

At 1 July 2013

187,354

Charge for year

14,183

At 30 June 2014

201,537

NET BOOK VALUE

At 30 June 2014

199,129

At 30 June 2013

174,957

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

£

22,753

Ordinary

£1

22,753

22,753

4.	FUTURE DEVELOPMENTS IN POST BALANCE SHEET EVENTS

The company's investment in its UK payments infrastructure has now been completed.

The UK Government confirmed in Quarter 4 of 2014 the role of the BACS payment network

in the validation of UK payroll tax reporting.