Alex French Associates Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07258625 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

Alex French Associates Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A French

Mrs T E French

REGISTERED OFFICE:

26 Augusta Road

Penarth

Vale of Glamorgan

CF64 5RJ

REGISTERED NUMBER:

07258625 (England and Wales)

ACCOUNTANTS:

JK Accountancy

The Business Centre

Cardiff Road

Barry

CF63 2AW

FIXED ASSETS

Tangible assets

2

7,627

8,754

CURRENT ASSETS

Debtors

28,806

24,114

Cash at bank

54,226

44,499

83,032

68,613

CREDITORS

Amounts falling due within one year

62,215

57,026

NET CURRENT ASSETS

20,817

11,587

TOTAL ASSETS LESS CURRENT LIABILITIES

28,444

20,341

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

28,442

20,339

SHAREHOLDERS' FUNDS

28,444

20,341

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 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 26 September 2016 and were signed on its behalf by:

A French - 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

Turnover represents the total invoice value, including value added tax, of fees raised during the year and

derives from the provision of goods falling within the company's ordinary activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & equipment

-

20% on cost

Computer equipment

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

14,310

Additions

1,797

At 31 May 2016

16,107

DEPRECIATION

At 1 June 2015

5,556

Charge for year

2,924

At 31 May 2016

8,480

NET BOOK VALUE

At 31 May 2016

7,627

At 31 May 2015

8,754

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

£

2

Ordinary

£1

2

2