Allan Lamb Associates Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03273937 (England and Wales)

ALLAN LAMB ASSOCIATES LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

to

4

DIRECTOR:

A Lamb

SECRETARY:

Mrs L S L Lamb

REGISTERED OFFICE:

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

REGISTERED NUMBER:

03273937 (England and Wales)

ACCOUNTANTS:

Phipps Henson McAllister

Chartered Accountants

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

FIXED ASSETS

Tangible assets

2

1,317

1,756

CURRENT ASSETS

Debtors

380,402

197,998

Cash at bank and in hand

89,457

40,941

469,859

238,939

CREDITORS

Amounts falling due within one year

470,260

239,868

NET CURRENT LIABILITIES

(401

)

(929

)

TOTAL ASSETS LESS CURRENT LIABILITIES

916

827

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

912

823

SHAREHOLDERS' FUNDS

916

827

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 24 September 2015 and were signed by:

A Lamb - 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 goods, 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.

Fixtures and fittings

-

25% on reducing balance

Office equipment

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

15,333

DEPRECIATION

At 1 January 2014

13,577

Charge for year

439

At 31 December 2014

14,016

NET BOOK VALUE

At 31 December 2014

1,317

At 31 December 2013

1,756

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

4

Ordinary

£1

4

4

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31 December 2013:

2014

2013

£

£

A Lamb

Balance outstanding at start of year

4,477

18,206

Amounts advanced

-

4,477

Amounts repaid

(4,477

)

(18,206

)

Balance outstanding at end of year

-

4,477