Reader Consulting Ltd - Limited company - abbreviated

REGISTERED NUMBER: 07004919 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2014

for

Reader Consulting Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P H Reader

SECRETARY:

Miss A Adams

REGISTERED OFFICE:

60 Fore Street

Bradninch

Exeter

EX5 4NN

REGISTERED NUMBER:

07004919 (England and Wales)

ACCOUNTANTS:

SJD Accountancy

3000 Cathedral Hill

Guildford

Surrey

GU2 7YB

FIXED ASSETS

Tangible assets

2

348

684

CURRENT ASSETS

Debtors

39,776

43,177

Cash at bank

378

4,238

40,154

47,415

CREDITORS

Amounts falling due within one year

35,035

34,333

NET CURRENT ASSETS

5,119

13,082

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,467

13,766

PROVISIONS FOR LIABILITIES

70

137

NET ASSETS

5,397

13,629

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

5,297

13,529

SHAREHOLDERS' FUNDS

5,397

13,629

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 27 May 2015 and were signed by:

P H Reader - 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 etc

-

50% on reducing balance and 25% on reducing balance

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 September 2013

and 31 August 2014

4,957

DEPRECIATION

At 1 September 2013

4,273

Charge for year

336

At 31 August 2014

4,609

NET BOOK VALUE

At 31 August 2014

348

At 31 August 2013

684

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.14

31.8.13

value:

£

100

Ordinary

£1

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2014 and

31 August 2013:

31.8.14

31.8.13

£

P H Reader

Balance outstanding at start of year

23,452

32,263

Amounts repaid

(1,869

)

(8,811

)

Balance outstanding at end of year

21,583

23,452

Reader Consulting Ltd - Limited company - abbreviated - 11.6

Reader Consulting Ltd - Limited company - abbreviated - 11.6