ALGONQUIN ADVISORY LIMITED - Abbreviated accounts

VOYAGEUR ADVISORY LTD - Company Information

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Registered number

06721626

ALGONQUIN ADVISORY LIMITED

Abbreviated Accounts

31 October 2014

EAGK LLP

Chartered Accountants

ALGONQUIN ADVISORY LIMITED						Registered number
						06721626
Abbreviated Balance Sheet
as at 31 October 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		14,826			17,185

Current assets
Stocks		9,301			-
Debtors		57,968			84,624
Cash at bank and in hand		5,702			52,387
		72,971			137,011

Creditors: amounts falling due within one year		(49,274)			(60,831)

Net current assets			23,697			76,180

Net assets			38,523			93,365

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			38,423			93,265

Shareholder's funds			38,523			93,365

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Approved by the board on 28 July 2015




Mr R V G Cave
Director

ALGONQUIN ADVISORY LIMITED
Notes to the Abbreviated Accounts
for the year ended 31 October 2014

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the invoice value of services supplied by the company, net of value added tax and trade discounts.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			25% on reducing balance

	Deferred taxation
	Full provision is made for deferred taxation resulting from material timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Tangible fixed assets					£

	Cost
	At 1 November 2013					29,989
	Additions					1,937
	At 31 October 2014					31,926

	Depreciation
	At 1 November 2013					12,804
	Charge for the year					4,296
	At 31 October 2014					17,100

	Net book value
	At 31 October 2014					14,826
	At 31 October 2013					17,185


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100