Poyntons Consultancy Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06613726 (England and Wales)

POYNTONS CONSULTANCY LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

Chartered Accountants' Report

6

DIRECTOR:

J H L Fairman

SECRETARY:

J O E Fairman

REGISTERED OFFICE:

5 Resolution Close

Endeavour Park

Boston

Lincolnshire

PE21 7TT

REGISTERED NUMBER:

06613726 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

5 Resolution Close

Endeavour Park

Boston

Lincolnshire

PE21 7TT

FIXED ASSETS

Tangible assets

2

2,407

2,670

CURRENT ASSETS

Debtors

71,977

15,433

Cash at bank

6,418

4,052

78,395

19,485

CREDITORS

Amounts falling due within one year

3

23,624

6,982

NET CURRENT ASSETS

54,771

12,503

TOTAL ASSETS LESS CURRENT LIABILITIES

57,178

15,173

CREDITORS

Amounts falling due after more than one year

3

(2,124

)

(3,348

)

PROVISIONS FOR LIABILITIES

(254

)

(250

)

NET ASSETS

54,800

11,575

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

54,700

11,475

SHAREHOLDERS' FUNDS

54,800

11,575

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 director acknowledges his 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 26 March 2015 and were signed by:

J H L Fairman - 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.

Revenue is recognised when a contract has been completed.

Tangible fixed assets

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

Land and buildings

-

10% on cost

Plant and machinery etc

-

25% on cost

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

7,261

Additions

370

At 30 June 2014

7,631

DEPRECIATION

At 1 July 2013

4,591

Charge for year

633

At 30 June 2014

5,224

NET BOOK VALUE

At 30 June 2014

2,407

At 30 June 2013

2,670

3.

CREDITORS

Creditors include an amount of £ 3,371 (2013 - £ 4,484 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2014 and

30 June 2013:

2014

2013

£

£

J H L Fairman

Balance outstanding at start of year

3,326

932

Amounts advanced

42,247

22,671

Amounts repaid

(11,358

)

(20,277

)

Balance outstanding at end of year

34,215

3,326

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) 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 Poyntons Consultancy Ltd for the year ended 30 June 2014 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 director of Poyntons Consultancy Ltd in accordance with our terms of engagement.

Our work has been undertaken solely to prepare for your approval the financial statements of Poyntons Consultancy

Ltd and state those matters that we have agreed to state to the director of Poyntons Consultancy Ltd 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 director for our work or for this report.

It is your duty to ensure that Poyntons Consultancy Ltd 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

Poyntons Consultancy Ltd. You consider that Poyntons Consultancy Ltd 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 Poyntons Consultancy

Ltd. 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.

Duncan & Toplis Limited

5 Resolution Close

Endeavour Park

Boston

Lincolnshire

PE21 7TT

30 March 2015