Collins Consultants Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08076639 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 May 2015

for

Collins Consultants Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

B Collins

J G Collins

REGISTERED OFFICE:

103 Woodfield Avenue

Farlington

Portsmouth

Hampshire

PO6 1AW

REGISTERED NUMBER:

08076639 (England and Wales)

ACCOUNTANTS:

Geoffrey N Barnes

Chartered Accountants

12 Fratton Road

Portsmouth

Hampshire

PO1 5BX

FIXED ASSETS

Tangible assets

2

2,734

1,085

CURRENT ASSETS

Debtors

35,423

24,111

Cash at bank

14,563

13,099

49,986

37,210

CREDITORS

Amounts falling due within one year

(52,638

)

(38,219

)

NET CURRENT LIABILITIES

(2,652

)

(1,009

)

TOTAL ASSETS LESS CURRENT LIABILITIES

82

76

CAPITAL AND RESERVES

Called up share capital

3

20

20

Profit and loss account

62

56

SHAREHOLDERS' FUNDS

82

76

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 25 February 2016 and were signed on its behalf by:

B Collins - Director

J G Collins - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of services, 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.

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

2,098

Additions

1,649

At 31 May 2015

3,747

DEPRECIATION

At 1 June 2014

and 31 May 2015

1,013

NET BOOK VALUE

At 31 May 2015

2,734

At 31 May 2014

1,085

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

20

Ordinary

£1

20

20