Sue Appleby Associates Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06586536 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

SUE APPLEBY ASSOCIATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs S E Appleby

SECRETARY:

C R S Fowler

REGISTERED OFFICE:

Orchard House

Park Lane

Reigate

Surrey

RH2 8JX

REGISTERED NUMBER:

06586536 (England and Wales)

ACCOUNTANTS:

Fowler & Co

Chartered Accountants

Orchard House

Park Lane

Reigate

Surrey

RH2 8JX

FIXED ASSETS

Tangible assets

2

756

715

CURRENT ASSETS

Debtors

1,950

29,085

Cash at bank

50,480

52,640

52,430

81,725

CREDITORS

Amounts falling due within one year

3,247

14,045

NET CURRENT ASSETS

49,183

67,680

TOTAL ASSETS LESS CURRENT LIABILITIES

49,939

68,395

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

49,839

68,295

SHAREHOLDERS' FUNDS

49,939

68,395

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 June 2016 and were signed by:

Mrs S E Appleby - 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 January 2015).

Turnover

The company operates under the VAT flat rate scheme and turnover represents invoiced sales of services

performed during the year, excluding the flat rate 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

Office equipment

-

25% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

2,423

Additions

340

At 31 March 2016

2,763

DEPRECIATION

At 1 April 2015

1,708

Charge for year

299

At 31 March 2016

2,007

NET BOOK VALUE

At 31 March 2016

756

At 31 March 2015

715

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/16

31/3/15

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 31 March 2016 and

31 March 2015:

31/3/16

31/3/15

£

£

Mrs S E Appleby

Balance outstanding at start of year

346

-

Amounts advanced

-

346

Amounts repaid

(346

)

-

Balance outstanding at end of year

-

346

The overdrawn directors accounts represents an advance of expenses and has been fully repaid.