Frances Storr Associates Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 09012107 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 25 APRIL 2014 TO 30 APRIL 2015

FOR

FRANCES STORR ASSOCIATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Frances Storr

REGISTERED OFFICE:

The Heights

Heights Lane

Silsden Moor

Keighley

West Yorkshire

BD20 9HW

REGISTERED NUMBER:

09012107 (England and Wales)

ACCOUNTANTS:

Wintersgill Associates

Chartered Accountants & Business Advisers

10/12 The Grove

Ilkley

West Yorkshire

LS29 9EG

FIXED ASSETS

Intangible assets

2

126,000

Tangible assets

3

1,127

127,127

CURRENT ASSETS

Stocks

7,700

Debtors

20,274

Cash at bank

56,272

84,246

CREDITORS

Amounts falling due within one year

161,898

NET CURRENT LIABILITIES

(77,652

)

TOTAL ASSETS LESS CURRENT LIABILITIES

49,475

PROVISIONS FOR LIABILITIES

184

NET ASSETS

49,291

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

49,290

SHAREHOLDERS' FUNDS

49,291

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 30 September 2015 and were signed by:

Frances Storr - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, 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.

Plant and machinery etc

-

33% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

Additions

140,000

At 30 April 2015

140,000

AMORTISATION

Amortisation for period

14,000

At 30 April 2015

14,000

NET BOOK VALUE

At 30 April 2015

126,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,836

Disposals

(480

)

At 30 April 2015

1,356

DEPRECIATION

Charge for period

387

Eliminated on disposal

(158

)

At 30 April 2015

229

NET BOOK VALUE

At 30 April 2015

1,127

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1