Amanda Fairclough Associates Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05565522 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Amanda Fairclough Associates Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Miss A A C Fairclough

SECRETARY:

Mrs A E A Moulsdale

REGISTERED OFFICE:

7 Time Park

Whiston

Prescot

Merseyside

L35 7NU

REGISTERED NUMBER:

05565522 (England and Wales)

ACCOUNTANTS:

Amanda Fairclough Associates Limited

7 Time Park

Whiston

Prescot

Merseyside

L35 7NU

FIXED ASSETS

Intangible assets

2

-

2,000

Tangible assets

3

873

1,567

873

3,567

CURRENT ASSETS

Debtors

13,658

26,310

Cash at bank

3,124

8,855

16,782

35,165

CREDITORS

Amounts falling due within one year

10,392

38,605

NET CURRENT ASSETS/(LIABILITIES)

6,390

(3,440

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,263

127

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

7,163

27

SHAREHOLDERS' FUNDS

7,263

127

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 30 September 2016 and were signed
by:

Miss A A C Fairclough - 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 net invoiced sales of services, excluding value added tax, except in

respect of service contracts where turnover is recognised when the company obtains the

right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

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 etc

-

25% on cost

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

10,000

AMORTISATION

At 1 January 2015

8,000

Amortisation for year

2,000

At 31 December 2015

10,000

NET BOOK VALUE

At 31 December 2015

-

At 31 December 2014

2,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

3,335

DEPRECIATION

At 1 January 2015

1,768

Charge for year

694

At 31 December 2015

2,462

NET BOOK VALUE

At 31 December 2015

873

At 31 December 2014

1,567

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

100

Ordinary

£1

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31 December 2015 and 31 December 2014:

31.12.15

31.12.14

£

Miss A A C Fairclough

Balance outstanding at start of year

1,155

3,456

Amounts advanced

20,047

44,640

Amounts repaid

(13,449

)

(46,941

)

Balance outstanding at end of year

7,753

1,155

The balance advanced to the director is interest free and has no fixed term of repayment.

The outstanding amount has been settled in full within nine months of the year end.

During the period the director was voted dividends totalling £1,000 (2014 - £35,000).