Abbreviated Company Accounts - ASHCOTT SOLICITORS LIMITED

ASHCOTT SOLICITORS LIMITED - Company Information

07259817 ASHCOTT SOLICITORS LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 07259817 2014-06-01 2015-05-31 07259817 2015-05-31 07259817 2014-05-31 07259817 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 07259817 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 07259817

ASHCOTT SOLICITORS LIMITED

Abbreviated Accounts

31 May 2015

ASHCOTT SOLICITORS LIMITED Registered Number 07259817

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	7,626	3,752
		7,626	3,752
Current assets
Debtors		45,195	59,507
Cash at bank and in hand		91,738	91,650
		136,933	151,157
Creditors: amounts falling due within one year		(120,321)	(98,873)
Net current assets (liabilities)		16,612	52,284
Total assets less current liabilities		24,238	56,036
Total net assets (liabilities)		24,238	56,036
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		24,138	55,936
Shareholders' funds		24,238	56,036

For the year ending 31 May 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 12 February 2016

And signed on their behalf by:
Mr S Ashraf, Director

ASHCOTT SOLICITORS LIMITED Registered Number 07259817

Notes to the Abbreviated Accounts for the period ended 31 May 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment 30% reducing balance
Fixtures, fittings & equipment 20% Reducing balance

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

2Tangible fixed assets

	£
Cost
At 1 June 2014	8,844
Additions	5,308
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	14,152
Depreciation
At 1 June 2014	5,092
Charge for the year	1,434
On disposals	-
At 31 May 2015	6,526
Net book values
At 31 May 2015	7,626
At 31 May 2014	3,752

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100