Abbreviated Company Accounts - CHALLENGE SERVICES LIMITED

CHALLENGE SERVICES LIMITED - Company Information

02987418 CHALLENGE SERVICES LIMITED 2013-11-30 false 2012-12-01 2013-11-30 true 02987418 2012-12-01 2013-11-30 02987418 2013-11-30 02987418 2012-11-30 02987418 uk-gaap-cd-bus:Director1 2012-12-01 2013-11-30 02987418 uk-gaap-cd-bus:Director2 2012-12-01 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-01 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-30 iso4217:GBP shares

Registered Number 02987418

CHALLENGE SERVICES LIMITED

Abbreviated Accounts

30 November 2013

CHALLENGE SERVICES LIMITED Registered Number 02987418

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	3,031	4,108
		3,031	4,108
Current assets
Debtors		9,501	43,189
Cash at bank and in hand		157,214	162,573
		166,715	205,762
Creditors: amounts falling due within one year		(176,750)	(157,064)
Net current assets (liabilities)		(10,035)	48,698
Total assets less current liabilities		(7,004)	52,806
Provisions for liabilities		(479)	(479)
Total net assets (liabilities)		(7,483)	52,327
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(7,583)	52,227
Shareholders' funds		(7,483)	52,327

For the year ending 30 November 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 August 2014

And signed on their behalf by:
John William Rigg, Director

CHALLENGE SERVICES LIMITED Registered Number 02987418

Notes to the Abbreviated Accounts for the period ended 30 November 2013

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts receivable for goods and services net of Vat and trade discounts.

Tangible assets depreciation policy
Tangible assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:

Fixtures, fittings & equipment - 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 December 2012	17,365
Additions	2,959
Disposals	(15,838)
Revaluations	-
Transfers	-
At 30 November 2013	4,486
Depreciation
At 1 December 2012	13,257
Charge for the year	1,534
On disposals	(13,336)
At 30 November 2013	1,455
Net book values
At 30 November 2013	3,031
At 30 November 2012	4,108

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100