Anchor Accounting Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05268882 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Anchor Accounting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTOR:

R G Pester

SECRETARY:

M W Pester

REGISTERED OFFICE:

57B Station Approach

West Byfleet

Surrey

KT14 6NE

REGISTERED NUMBER:

05268882 (England and Wales)

ACCOUNTANTS:

Anchor Accounting Limited

Chartered Accountants

57B Station Approach

West Byfleet

Surrey

KT14 6NE

FIXED ASSETS

Intangible assets

2

21,600

28,800

Tangible assets

3

8,372

5,076

29,972

33,876

CURRENT ASSETS

Stocks

15,380

15,360

Debtors

32,673

34,530

Cash at bank and in hand

78,228

7,795

126,281

57,685

CREDITORS

Amounts falling due within one year

74,252

55,186

NET CURRENT ASSETS

52,029

2,499

TOTAL ASSETS LESS CURRENT LIABILITIES

82,001

36,375

CREDITORS

Amounts falling due after more than one year

4

81,570

35,969

NET ASSETS

431

406

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

331

306

SHAREHOLDERS' FUNDS

431

406

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 23 December 2015 and were signed by:

R G Pester - 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 on the acquisition of a business in 2005, is now being amortised over a period

of five years. This is to reflect the deterioration of its economic use.

Tangible fixed assets

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

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.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

36,000

AMORTISATION

At 1 April 2014

7,200

Amortisation for year

7,200

At 31 March 2015

14,400

NET BOOK VALUE

At 31 March 2015

21,600

At 31 March 2014

28,800

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

17,567

Additions

6,087

At 31 March 2015

23,654

DEPRECIATION

At 1 April 2014

12,491

Charge for year

2,791

At 31 March 2015

15,282

NET BOOK VALUE

At 31 March 2015

8,372

At 31 March 2014

5,076

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

2015

2014

£

£

Repayable otherwise than by instalments

81,570

27,304

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1.00

100

100

6.	VALUE ADDED TAX

The company computes its VAT liabilities on a cash basis.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2015 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Anchor Accounting Limited

Chartered Accountants

57B Station Approach

West Byfleet

Surrey

KT14 6NE

Date: .............................................