Voice & Co Accountancy Services Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 03201641 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Voice & Co Accountancy Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

H A Voice

SECRETARY:

Miss M Guest

REGISTERED OFFICE:

14 Jessops Riverside

800 Brightside Lane

Sheffield

South Yorkshire

S9 2RX

REGISTERED NUMBER:

03201641 (England and Wales)

ACCOUNTANTS:

VOICE & CO ACCOUNTANCY SERVICES LIMITED

CHARTERED ACCOUNTANTS &

REGISTERED AUDITORS

14 Jessops Riverside

800 Brightside Lane

Sheffield

S9 2RX

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

7,416

13,491

7,416

13,491

CURRENT ASSETS

Stocks

950

12,522

Debtors

271,380

208,905

Cash at bank and in hand

30,167

38,505

302,497

259,932

CREDITORS

Amounts falling due within one year

(69,341

)

(62,646

)

NET CURRENT ASSETS

233,156

197,286

TOTAL ASSETS LESS CURRENT LIABILITIES

240,572

210,777

PROVISIONS FOR LIABILITIES

(584

)

(1,576

)

NET ASSETS

239,988

209,201

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

239,888

209,101

SHAREHOLDERS' FUNDS

239,988

209,201

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 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 30 July 2015 and were signed by:

H A Voice - 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 services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, 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.

Improvements to property

-

over the period of the lease

Fixtures and fittings

-

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 arises as a result of including items of income and expenditure in taxation computations in periods

different from those in which they are included in the company's accounts. Deferred tax is provided in full on

timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates

that are expected to apply when the timing differences reverse, based on current tax rates and laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no

commitment to sell the asset.

Deferred tax assets and liabilities are not discontinued.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

147,871

AMORTISATION

At 1 April 2014

and 31 March 2015

147,871

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

59,645

Additions

3,211

Disposals

(18,000

)

At 31 March 2015

44,856

DEPRECIATION

At 1 April 2014

46,154

Charge for year

6,684

Eliminated on disposal

(15,398

)

At 31 March 2015

37,440

NET BOOK VALUE

At 31 March 2015

7,416

At 31 March 2014

13,491

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed Hugh Voice £8,505

During the year the company paid rent of £20,400 for the premises it uses to Jessops Consultancy Limited, a

company in which the director is a shareholder. This rent was at full market value.

The company has made a loan of £174,400 to Jessops Consultancy Services Limited, a company in which Hugh

Voice is a director.

6.	ULTIMATE CONTROL

The company is controlled by Hugh Voice.