Aubrey Lee Business Sales Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07226216 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2014

for

Aubrey Lee Business Sales Limited

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

N Chapman

SECRETARY:

REGISTERED OFFICE:

The Business Centre

Suite 6

107 Blackburn Street

Manchester

Lancashire

M26 3WQ

REGISTERED NUMBER:

07226216 (England and Wales)

ACCOUNTANTS:

Chapman & Co.

Chartered Accountants

39 Ferndene Road

Whitefield

Manchester

Lancashire

M45 6RB

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Aubrey Lee Business Sales Limited for the year ended 30 April 2014 which comprise the Profit

and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Aubrey Lee Business Sales Limited in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Aubrey Lee

Business Sales Limited and state those matters that we have agreed to state to the director of Aubrey Lee Business Sales

Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted

by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for

this report.

It is your duty to ensure that Aubrey Lee Business Sales Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of

Aubrey Lee Business Sales Limited. You consider that Aubrey Lee Business Sales Limited is exempt from the statutory

audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Aubrey Lee Business Sales

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Chapman & Co.

Chartered Accountants

39 Ferndene Road

Whitefield

Manchester

Lancashire

M45 6RB

18 August 2014

CURRENT ASSETS

Debtors

930

997

Cash at bank

5,052

1,610

5,982

2,607

CREDITORS

Amounts falling due within one year

7,750

8,436

NET CURRENT LIABILITIES

(1,768

)

(5,829

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,768

)

(5,829

)

CAPITAL AND RESERVES

Called up share capital

2

120

120

Profit and loss account

(1,888

)

(5,949

)

SHAREHOLDERS' FUNDS

(1,768

)

(5,829

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 18 August 2014 and were signed by:

N Chapman - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company meets its day to day capital requirements through reliance on its bank, creditors and director. In

view of the good relationship with the company's bank and creditors, the director considers that it is reasonable

to rely on their continued support. The financial statements have therefore been prepared on a going concern

basis and do not contain any adjustments that might be necessary if that support was not continued.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

120

Ordinary

£1

120

120

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2014 and

30 April 2013:

2014

2013

£

£

E M Shilco

Balance outstanding at start of year

750

1,000

Amounts repaid

-

(250

)

Balance outstanding at end of year

750

750