Archangel Limited - Abbreviated accounts

Registered number

03938615

Archangel Limited

Abbreviated Accounts

31 March 2015

Archangel Limited
Registered number:		03938615
Abbreviated Balance Sheet
as at 31 March 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		5,718			4,805

Current assets
Debtors		82,041			55,522
Cash at bank and in hand		76,632			34,075
		158,673			89,597

Creditors: amounts falling due within one year		(48,050)			(29,696)

Net current assets			110,623			59,901

Net assets			116,341			64,706

Capital and reserves
Called up share capital	3		170			170
Share premium			5,090			5,090
Profit and loss account			111,081			59,446

Shareholders' funds			116,341			64,706

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime and the Financial Reporting Standard for Smaller Entities (effective April 2008).



N H Walter
Director
Approved by the board on 8 December 2015

Archangel Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2015

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Fixtures and fittings			25% straight line


	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2	Tangible fixed assets					£

	Cost
	At 1 April 2014					42,644
	Additions					4,231
	Disposals					(33,526)
	At 31 March 2015					13,349

	Depreciation
	At 1 April 2014					37,839
	Charge for the year					3,272
	On disposals					(33,480)
	At 31 March 2015					7,631

	Net book value
	At 31 March 2015					5,718
	At 31 March 2014					4,805


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Green shares	£1 each		20		20		20
	Orange shares	£0.83 each		180		150		150
						170		170