Adlam Consulting Ltd - Period Ending 2015-12-31

Registration number: 03741781

Adlam Consulting Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2015
 

MG Contractor Services Ltd
Chartered Accountants
Audit House
260 Field End Road
Eastcote
Middlesex
HA4 9LT

Adlam Consulting Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Adlam Consulting Ltd
for the Year Ended 31 December 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Adlam Consulting Ltd for the year ended 31 December 2015 set out on pages 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 Board of Directors of Adlam Consulting Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Adlam Consulting Ltd and state those matters that we have agreed to state to them, as a body, 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 Adlam Consulting Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Adlam Consulting Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Adlam Consulting Ltd. You consider that Adlam Consulting Ltd 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 accounts of Adlam Consulting Ltd. 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 accounts.

......................................

MG Contractor Services Ltd
Chartered Accountants
Audit House
260 Field End Road
Eastcote
Middlesex
HA4 9LT

28 September 2016

Page 1

Adlam Consulting Ltd
(Registration number: 03741781)
Abbreviated Balance Sheet at 31 December 2015

		Note			2015 £			2014 £
Current assets
Debtors					-			135
Cash at bank and in hand					57,217			53,582
					57,217			53,717
Creditors: Amounts falling due within one year					(22,535)			(18,336)
Net assets					34,682			35,381
Capital and reserves
Called up share capital		2			100			100
Profit and loss account					34,582			35,281
Shareholders' funds					34,682			35,381

For the year ending 31 December 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 28 September 2016 and signed on its behalf by:

.........................................
Ms L Adlam
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Adlam Consulting Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated
residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Computer equipment	3 years

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

2	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

3	Related party transactions

Other related party transactions
 
During the year the company made the following related party transactions:
Ms Lyndy Adlam
(Director)
At the balance sheet date the amount due to Ms Lyndy Adlam was £812 (2014 - £nil).

4

Control

The company is controlled by the directors who own 100% of the called up share capital.

Page 3