Allen Reid Consultancy Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06921405 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2014

for

Allen Reid Consultancy Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTOR:

A W Reid

SECRETARY:

REGISTERED OFFICE:

12a Millclose Walk

Sedgefield

Co. Durham

TS21 3NS

REGISTERED NUMBER:

06921405 (England and Wales)

ACCOUNTANTS:

Benson Wood Ltd

Cleveland House

10 Yarm Road

Stockton on Tees

Cleveland

TS18 3NA

FIXED ASSETS

Tangible assets

2

387

642

CURRENT ASSETS

Debtors

1,135

8,576

Cash at bank

11,138

2,936

12,273

11,512

CREDITORS

Amounts falling due within one year

12,052

11,821

NET CURRENT ASSETS/(LIABILITIES)

221

(309

)

TOTAL ASSETS LESS CURRENT LIABILITIES

608

333

PROVISIONS FOR LIABILITIES

77

128

NET ASSETS

531

205

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

431

105

SHAREHOLDERS' FUNDS

531

205

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 24 September 2014 and were signed by:

A W Reid - 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 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.

Plant and machinery etc

-

25% 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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

1,439

Disposals

(608

)

At 30 April 2014

831

DEPRECIATION

At 1 May 2013

797

Charge for year

255

Eliminated on disposal

(608

)

At 30 April 2014

444

NET BOOK VALUE

At 30 April 2014

387

At 30 April 2013

642

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2014 and

30 April 2013:

2014

2013

£

£

A W Reid

Balance outstanding at start of year

842

(3,057

)

Amounts advanced

43,711

3,899

Amounts repaid

(43,562

)

-

Balance outstanding at end of year

991

842

5.	ULTIMATE CONTROLLING PARTY

The company was controlled throughout the period by Mr A W Reid, the director and majority

shareholder.

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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Allen Reid Consultancy Ltd for the year ended 30 April 2014 which

comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we

are subject to its ethical and other professional requirements which are detailed at

icaew.com/membershandbook.

This report is made solely to the director of Allen Reid Consultancy Ltd in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of

Allen Reid Consultancy Ltd and state those matters that we have agreed to state to the director of Allen Reid

Consultancy Ltd in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the

fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company

and its director for our work or for this report.

It is your duty to ensure that Allen Reid Consultancy Ltd has kept adequate accounting records and to

prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position

and profit of Allen Reid Consultancy Ltd. You consider that Allen Reid Consultancy Ltd is exempt from the

statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Allen Reid

Consultancy Ltd. For this reason, we have not verified the accuracy or completeness of the accounting

records or information and explanations you have given to us and we do not, therefore, express any opinion

on the statutory financial statements.

Benson Wood Ltd

Cleveland House

10 Yarm Road

Stockton on Tees

Cleveland

TS18 3NA

26 September 2014