Abbreviated Company Accounts - ART COMMERCIAL FINANCE LTD

Abbreviated Company Accounts - ART COMMERCIAL FINANCE LTD

ART COMMERCIAL FINANCE LTD - Company Information

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Registered Number 08699838

ART COMMERCIAL FINANCE LTD

Abbreviated Accounts

30 September 2015

ART COMMERCIAL FINANCE LTD Registered Number 08699838

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 8,811 -
8,811 -
Current assets
Cash at bank and in hand 1,200 1
1,200 1
Creditors: amounts falling due within one year (9,840) 0
Net current assets (liabilities) (8,640) 1
Total assets less current liabilities 171 1
Total net assets (liabilities) 171 1
Capital and reserves
Called up share capital 1 1
Profit and loss account 170 0
Shareholders' funds 171 1
  • For the year ending 30 September 2015 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 22 July 2016

And signed on their behalf by:
Aaron Townsend, Director

ART COMMERCIAL FINANCE LTD Registered Number 08699838

Notes to the Abbreviated Accounts for the period ended 30 September 2015

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 amounts receivable for goods and services net of VAT and trade discounts

Intangible assets amortisation policy
Goodwill is written off in equal annual instalments over its estimated useful economic life

2Intangible fixed assets
£
Cost
At 1 October 2014 0
Additions 11,014
Disposals -
Revaluations -
Transfers -
At 30 September 2015 11,014
Amortisation
At 1 October 2014 -
Charge for the year 2,203
On disposals -
At 30 September 2015 2,203
Net book values
At 30 September 2015 8,811
At 30 September 2014 0