Accounts filed on 30-04-2015


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 30/04/2015

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 06557569


Registered Number: 06557569

BALANCE SHEET AT 30/04/2015

			2015		2014
	Notes		£		£

FIXED ASSETS
Tangible assets	2		20,385		25,471

CURRENT ASSETS
Debtors (amounts falling due within one year)	3	1,760,072		1,694,157
Debtors (amounts falling due after more than one year)	3	50,097		50,097
Cash at bank and in hand		819,696		403,398
		2,629,865		2,147,652
CREDITORS: Amounts falling due within one year		2,596,447		2,132,735
NET CURRENT ASSETS			33,418		14,917
TOTAL ASSETS LESS CURRENT LIABILITIES			53,803		40,388


PROVISIONS FOR LIABILITIES			3,249		4,903

NET ASSETS			50,554		35,485

CAPITAL AND RESERVES

Called up share capital	4		3		3
Profit and loss account			50,551		35,482
SHAREHOLDERS' FUNDS			50,554		35,485

For the year ending 30/04/2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board on 06/01/2016 and signed on their behalf by




Mark Philip POINTON
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Short Leasehold Properties		reducing balance 25%
Fixtures and Fittings		reducing balance 25%




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1e. Pension Costs
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.




1f. Foreign Currency
Transactions in foreign currency are translated at the foreign exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the exchange rate ruling at that date. Foreign exchange gains and losses are recognised in the income statement. Non-monetary assets and liabilities that are measured in terms of historical cost in a foreign currency are translated using the exchange rate at the date of the transaction.




1g. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. DEBTORS	2015	2014
	£	£

Amounts falling due within one year:
Trade debtors	1,395,549	1,463,076
VAT	3,001	8,683
Other debtors	361,522	222,398
	1,760,072	1,694,157



Amounts falling due after more than one year:
Long term debtor	50,097	50,097
	50,097	50,097




4. SHARE CAPITAL	2015	2014
	£	£
Allotted, issued and fully paid:
3 Ordinary shares of £1 each	3	3
	3	3




5. RELATED PARTY TRANSACTIONS
Included within other debtors are loans due from directors as follows: J Kennedy £101,863, M Pointon £102801 & M Pegler £150,899. Interest has been charged on the loans at the official HMRC rate.