Elevate Consulting Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04347909 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Elevate Consulting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Berry

Mrs C I Berry

REGISTERED OFFICE:

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

REGISTERED NUMBER:

04347909 (England and Wales)

ACCOUNTANTS:

Willsons

Chartered Accountants

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

FIXED ASSETS

Tangible assets

2

41,400

54,545

CURRENT ASSETS

Debtors

163,551

200,157

Cash at bank and in hand

241,572

247,715

405,123

447,872

CREDITORS

Amounts falling due within one year

127,537

148,826

NET CURRENT ASSETS

277,586

299,046

TOTAL ASSETS LESS CURRENT LIABILITIES

318,986

353,591

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

318,984

353,589

SHAREHOLDERS' FUNDS

318,986

353,591

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 2 June 2015 and were signed on its behalf by:

M Berry - 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 the total invoice value, excluding value added tax, of fees receivable during the period.

Tangible fixed assets

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

Short leasehold

-

Straight line over the life of the lease

Fixtures and fittings

-

25% / 50% on reducing balance

Motor vehicles

-

25% on reducing balance

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

103,815

Additions

10,370

Disposals

(12,324

)

At 31 March 2015

101,861

DEPRECIATION

At 1 April 2014

49,270

Charge for year

18,219

Eliminated on disposal

(7,028

)

At 31 March 2015

60,461

NET BOOK VALUE

At 31 March 2015

41,400

At 31 March 2014

54,545

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and

31 March 2014:

31.3.15

31.3.14

£

£

M Berry

Balance outstanding at start of year

1,357

1,407

Amounts advanced

-

1,357

Amounts repaid

(1,357

)

(1,407

)

Balance outstanding at end of year

-

1,357