Audas International Management Consultan - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05386857 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

AUDAS INTERNATIONAL MANAGEMENT

CONSULTANCY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R G Audas

Mrs Y Audas

SECRETARY:

C R S Fowler

REGISTERED OFFICE:

Orchard House

Park Lane

Reigate

Surrey

RH2 8JX

REGISTERED NUMBER:

05386857 (England and Wales)

ACCOUNTANTS:

Fowler & Co

Chartered Accountants

Orchard House

Park Lane

Reigate

Surrey

RH2 8JX

FIXED ASSETS

Tangible assets

2

934

1,245

CURRENT ASSETS

Debtors

21,193

64,841

Cash at bank

6,993

481

28,186

65,322

CREDITORS

Amounts falling due within one year

10,681

48,354

NET CURRENT ASSETS

17,505

16,968

TOTAL ASSETS LESS CURRENT LIABILITIES

18,439

18,213

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

18,339

18,113

SHAREHOLDERS' FUNDS

18,439

18,213

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 8 September 2014 and were signed on its behalf by:

R G Audas - 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 invoiced sales of services performed during the year excluding VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Pension costs and other post-retirement benefits

The company makes contributions to Mr R G Audas's personal pension scheme and these are charged to the

profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

2,730

DEPRECIATION

At 1 January 2013

1,485

Charge for year

311

At 31 December 2013

1,796

NET BOOK VALUE

At 31 December 2013

934

At 31 December 2012

1,245

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/13

31/12/12

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2013 and

31 December 2012:

31/12/13

31/12/12

£

£

R G Audas

Balance outstanding at start of year

587

-

Amounts advanced

2,898

-

Amounts repaid

(587

)

-

Balance outstanding at end of year

2,898

587

The loan outstanding at the year end was fully repaid on 8 September 2014.