Caren Thomas & Associates Ltd - Period Ending 2016-01-31

Registration number: 09403016

Caren Thomas & Associates Ltd

Unaudited Abbreviated Accounts

for the Period from 23 January 2015 to 31 January 2016

 

Caren Thomas & Associates Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Caren Thomas & Associates Ltd
(Registration number: 09403016)
Abbreviated Balance Sheet at 31 January 2016

		Note			31 January 2016 £
Fixed assets
Tangible fixed assets		2			525
Current assets
Debtors					35,556
Cash at bank and in hand					26,151
					61,707
Creditors: Amounts falling due within one year					(26,281)
Net current assets					35,426
Net assets					35,951
Capital and reserves
Called up share capital		3			1
Profit and loss account					35,950
Shareholders' funds					35,951

For the year ending 31 January 2016 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 director acknowledges her 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 director on 4 March 2016

.........................................
Caren Thomas
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Caren Thomas & Associates Ltd
Notes to the Abbreviated Accounts for the Period from 23 January 2015 to 31 January 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% Reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

Page 2

Caren Thomas & Associates Ltd
Notes to the Abbreviated Accounts for the Period from 23 January 2015 to 31 January 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		700			700
At 31 January 2016		700			700
Depreciation
Charge for the period		175			175
At 31 January 2016		175			175
Net book value
At 31 January 2016		525			525

3	Share capital

Allotted, called up and fully paid shares

	31 January 2016
		No.			£
Ordinary of £1 each		1			1

Page 3