Allen Reid Consultancy Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 06921405 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2016

for

Allen Reid Consultancy Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTOR:

A W Reid

SECRETARY:

REGISTERED OFFICE:

12a Millclose Walk

Sedgefield

Co. Durham

TS21 3NS

REGISTERED NUMBER:

06921405 (England and Wales)

ACCOUNTANTS:

Benson Wood Ltd

Cleveland House

10 Yarm Road

Stockton on Tees

Cleveland

TS18 3NA

FIXED ASSETS

Tangible assets

2

190

353

CURRENT ASSETS

Debtors

8,831

8,369

Cash at bank

7,236

7,735

16,067

16,104

CREDITORS

Amounts falling due within one year

16,073

14,253

NET CURRENT (LIABILITIES)/ASSETS

(6

)

1,851

TOTAL ASSETS LESS CURRENT
LIABILITIES

184

2,204

PROVISIONS FOR LIABILITIES

38

93

NET ASSETS

146

2,111

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

46

2,011

SHAREHOLDERS' FUNDS

146

2,111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 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 24 October 2016 and were signed by:

A W Reid - 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.

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

Deferred tax

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

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

769

DEPRECIATION

At 1 May 2015

416

Charge for year

163

At 30 April 2016

579

NET BOOK VALUE

At 30 April 2016

190

At 30 April 2015

353

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the end of the year the company owed the director, Mr A W Reid £2,922 (2015: £222).

5.	ULTIMATE CONTROLLING PARTY

The company was controlled throughout the period by Mr A W Reid, the director and majority shareholder.

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

two to three) 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 Allen Reid Consultancy Ltd for the year ended 30 April 2016 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 Allen Reid Consultancy Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Allen Reid Consultancy Ltd and state those matters that we have agreed to state to the director of Allen Reid Consultancy Ltd 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 Allen Reid Consultancy Ltd 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 Allen Reid Consultancy Ltd. You consider that Allen Reid Consultancy Ltd is exempt from the statutory audit requirement for the year.