David Blake-Standing & Company Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07424705 (England and Wales)

Abbreviated Accounts for the Year Ended 30 November 2013

for

David Blake-Standing & Company Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D Blake-Standing

A Hulejczuk

REGISTERED OFFICE:

Atkinsons

86 Burlington Road

New Malden

Surrey

KT3 4NT

REGISTERED NUMBER:

07424705 (England and Wales)

ACCOUNTANTS:

Atkinsons

Chartered Accountants

Palmeira Avenue Mansions

19 Church Road

Hove

East Sussex

BN3 2FA

FIXED ASSETS

Intangible assets

2

7,000

8,000

Tangible assets

3

9,219

10,974

16,219

18,974

CURRENT ASSETS

Debtors

8,200

26,207

Cash at bank

25,614

56,008

33,814

82,215

CREDITORS

Amounts falling due within one year

81,463

132,364

NET CURRENT LIABILITIES

(47,649

)

(50,149

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(31,430

)

(31,175

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

(31,530

)

(31,275

)

SHAREHOLDERS' FUNDS

(31,430

)

(31,175

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 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 15 August 2014 and were signed on its behalf by:

D Blake-Standing - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared on the basis that the company will continue to be a going concern.

At the year end the current liabilities exceeded current assets by £31,429.

The validity of this basis depends upon the continued support of the company's directors. The directors confirm

that they will give the required support.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

and 30 November 2013

10,000

AMORTISATION

At 1 December 2012

2,000

Amortisation for year

1,000

At 30 November 2013

3,000

NET BOOK VALUE

At 30 November 2013

7,000

At 30 November 2012

8,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

19,264

Additions

1,318

At 30 November 2013

20,582

DEPRECIATION

At 1 December 2012

8,290

Charge for year

3,073

At 30 November 2013

11,363

NET BOOK VALUE

At 30 November 2013

9,219

At 30 November 2012

10,974

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

£

£

100

Ordinary

£1

100

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES