Allan Lamb Associates Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03273937 (England and Wales)

ALLAN LAMB ASSOCIATES LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

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

1,756

2,341

CURRENT ASSETS

Debtors

197,998

72,436

Cash at bank

40,941

61,331

238,939

133,767

CREDITORS

Amounts falling due within one year

239,868

135,629

NET CURRENT LIABILITIES

(929

)

(1,862

)

TOTAL ASSETS LESS CURRENT LIABILITIES

827

479

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

823

475

SHAREHOLDERS' FUNDS

827

479

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 16 September 2014 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 2013

and 31 December 2013

15,333

DEPRECIATION

At 1 January 2013

12,992

Charge for year

585

At 31 December 2013

13,577

NET BOOK VALUE

At 31 December 2013

1,756

At 31 December 2012

2,341

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

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 2013 and

31 December 2012:

2013

2012

£

£

A Lamb

Balance outstanding at start of year

18,206

-

Amounts advanced

4,477

18,206

Amounts repaid

(18,206

)

-

Balance outstanding at end of year

4,477

18,206