Constable Credit Limited - Limited company - abbreviated

REGISTERED NUMBER: 02545866 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

CONSTABLE CREDIT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

P K Mann

D R Mann

SECRETARY:

P K Mann

REGISTERED OFFICE:

34-40 High Street

Wanstead

London

E11 2RJ

REGISTERED NUMBER:

02545866 (England and Wales)

ACCOUNTANTS:

THP Limited

Chartered Accountants

34-40 High Street

Wanstead

London

E11 2RJ

FIXED ASSETS

Tangible assets

2

258

537

CURRENT ASSETS

Debtors

2,365

4,655

Investments

53,596

52,091

Cash at bank

29,039

5,299

85,000

62,045

CREDITORS

Amounts falling due within one year

39,163

41,244

NET CURRENT ASSETS

45,837

20,801

TOTAL ASSETS LESS CURRENT
LIABILITIES

46,095

21,338

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

46,093

21,336

SHAREHOLDERS' FUNDS

46,095

21,338

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 16 July 2015 and were signed on its behalf by:

D R Mann - 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 commissions receivable from the arrangement of finance agreements.

Tangible fixed assets

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

Furniture and equipment

-

20% on cost

Deferred tax

Deferred tax assets are recognised to the extent that they are recoverable against future trading profits, on

the basis of all available evidence.

Provision is made at current rates for deferred taxation in respect of all material timing differences.

Listed investments

Listed investments are valued at the lower of cost and net realisable value.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

5,274

Disposals

(3,758

)

At 31 March 2015

1,516

DEPRECIATION

At 1 April 2014

4,737

Charge for year

279

Eliminated on disposal

(3,758

)

At 31 March 2015

1,258

NET BOOK VALUE

At 31 March 2015

258

At 31 March 2014

537

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1

2

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

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages

two to three) 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 Constable Credit Limited for the year ended 31 March 2015 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 Board of Directors of Constable Credit Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Constable Credit Limited and state those matters that we have agreed to state to the Board of Directors of Constable Credit Limited, as a body, 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 Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Constable Credit Limited 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 Constable Credit Limited. You consider that Constable Credit Limited 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 Constable Credit Limited.

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.

THP Limited

Chartered Accountants

34-40 High Street

Wanstead

London

E11 2RJ

23 July 2015

Constable Credit Limited - Limited company - abbreviated - 11.6

Constable Credit Limited - Limited company - abbreviated - 11.6