Armstrong Black Associates Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04945304 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

for

Armstrong Black Associates Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

to

4

DIRECTORS:

M K Armstrong

Mrs L Armstrong

SECRETARY:

Mrs L Armstrong

REGISTERED OFFICE:

43 Rothwell Road

Gosforth

Newcastle upon Tyne

NE3 1TY

REGISTERED NUMBER:

04945304 (England and Wales)

ACCOUNTANTS:

Kinsey Jones Chartered Accountants

4 Lansdowne Terrace

Gosforth

Newcastle on Tyne

Tyne and Wear

NE3 1HN

FIXED ASSETS

Tangible assets

2

1,281

1,602

CURRENT ASSETS

Debtors

18,949

26,053

CREDITORS

Amounts falling due within one year

13,787

12,939

NET CURRENT ASSETS

5,162

13,114

TOTAL ASSETS LESS CURRENT LIABILITIES

6,443

14,716

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

6,441

14,714

SHAREHOLDERS' FUNDS

6,443

14,716

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 28 June 2016 and were signed on its behalf by:

Mrs L Armstrong - 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

-

20% on reducing balance

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 November 2014

and 31 October 2015

3,655

DEPRECIATION

At 1 November 2014

2,053

Charge for year

321

At 31 October 2015

2,374

NET BOOK VALUE

At 31 October 2015

1,281

At 31 October 2014

1,602

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2015

and 31 October 2014:

31.10.15

31.10.14

£

£

M K Armstrong

Balance outstanding at start of year

13,027

19,118

Amounts advanced

26,152

16,257

Amounts repaid

(30,888

)

(22,348

)

Balance outstanding at end of year

8,291

13,027

Mrs L Armstrong

Balance outstanding at start of year

13,026

19,118

Amounts advanced

13,076

16,256

Amounts repaid

(15,444

)

(22,348

)

Balance outstanding at end of year

10,658

13,026