Abbreviated Company Accounts - WEST END CONSULTANCY LIMITED

WEST END CONSULTANCY LIMITED - Company Information

Registered Number 03259973

WEST END CONSULTANCY LIMITED

Abbreviated Accounts

31 December 2013

WEST END CONSULTANCY LIMITED Registered Number 03259973

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	79	118
		79	118
Current assets
Debtors		138,804	70,757
Cash at bank and in hand		67,172	125,886
		205,976	196,643
Creditors: amounts falling due within one year		(12,468)	(15,532)
Net current assets (liabilities)		193,508	181,111
Total assets less current liabilities		193,587	181,229
Total net assets (liabilities)		193,587	181,229
Capital and reserves
Called up share capital		125	125
Profit and loss account		193,462	181,104
Shareholders' funds		193,587	181,229

For the year ending 31 December 2013 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 18 September 2014

And signed on their behalf by:
S E Pokroy, Director

WEST END CONSULTANCY LIMITED Registered Number 03259973

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 commissions receivable net of VAT See also note on Revenue recognition

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

Fixtures fittings & equipment – 33.3 % straight line

Other accounting policies
Revenue recognition
Fee income represents revenue earned under a wide variety of contracts to provide professional services Revenue is recognised as earned when and to the extent that the firm obtains the right to consideration in exchange for its performance under these contracts It is measured at the fair value of the right to consideration which represents amounts chargeable to clients including expenses and disbursements but excluding value added tax

Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations For such contracts the amount of revenue reflects the accrual of the right to consideration by reference to the value of work performed Revenue not billed to clients is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors

2Tangible fixed assets

	£
Cost
At 1 January 2013	17,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	17,000
Depreciation
At 1 January 2013	16,882
Charge for the year	39
On disposals	-
At 31 December 2013	16,921
Net book values
At 31 December 2013	79
At 31 December 2012	118