Abbreviated Company Accounts - A1 RECOVERY SPECIALISTS LIMITED

A1 RECOVERY SPECIALISTS LIMITED - Company Information

NI055814 A1 RECOVERY SPECIALISTS LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true NI055814 2013-08-01 2014-07-31 NI055814 2014-07-31 NI055814 2013-07-31 NI055814 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 NI055814 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number NI055814

A1 RECOVERY SPECIALISTS LIMITED

Abbreviated Accounts

31 July 2014

A1 RECOVERY SPECIALISTS LIMITED Registered Number NI055814

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	2,000	3,000
Tangible assets	3	32,300	35,609
		34,300	38,609
Current assets
Debtors		2,928	4,937
Cash at bank and in hand		7,855	8,018
		10,783	12,955
Creditors: amounts falling due within one year		(38,891)	(39,599)
Net current assets (liabilities)		(28,108)	(26,644)
Total assets less current liabilities		6,192	11,965
Provisions for liabilities		(5,376)	(3,442)
Total net assets (liabilities)		816	8,523
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		815	8,522
Shareholders' funds		816	8,523

For the year ending 31 July 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 April 2015

And signed on their behalf by:
Darin Savage, Director

A1 RECOVERY SPECIALISTS LIMITED Registered Number NI055814

Notes to the Abbreviated Accounts for the period ended 31 July 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Plant & machinery - 20% reducing balance
Fixtures, fittings and equipment - 20% reducing balance
Motor vehicles - 20% reducing balance

Intangible assets amortisation policy
Goodwill - 10% straight line

2Intangible fixed assets

	£
Cost
At 1 August 2013	10,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	10,000
Amortisation
At 1 August 2013	7,000
Charge for the year	1,000
On disposals	-
At 31 July 2014	8,000
Net book values
At 31 July 2014	2,000
At 31 July 2013	3,000

3Tangible fixed assets

	£
Cost
At 1 August 2013	80,132
Additions	4,766
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	84,898
Depreciation
At 1 August 2013	44,523
Charge for the year	8,075
On disposals	-
At 31 July 2014	52,598
Net book values
At 31 July 2014	32,300
At 31 July 2013	35,609

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1