Ivor Caplin Consultancy Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05527531 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

IVOR CAPLIN CONSULTANCY LIMITED

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Tangible assets

2

830

325

CURRENT ASSETS

Debtors

7,779

18,568

Cash at bank

56

1,581

7,835

20,149

CREDITORS

Amounts falling due within one year

22,397

19,850

NET CURRENT (LIABILITIES)/ASSETS

(14,562

)

299

TOTAL ASSETS LESS CURRENT
LIABILITIES

(13,732

)

624

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(13,733

)

623

SHAREHOLDERS' FUNDS

(13,732

)

624

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 21 October 2016 and were signed by:

I K Caplin - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the going concern basis, assuming the continuing support of

the company's creditors for the foreseeable future.

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.

Fixtures and fittings

-

25% on cost

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

3,554

Additions

1,104

At 31 March 2016

4,658

DEPRECIATION

At 1 April 2015

3,229

Charge for year

599

At 31 March 2016

3,828

NET BOOK VALUE

At 31 March 2016

830

At 31 March 2015

325

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2016 and

31 March 2015:

2016

2015

£

I K Caplin

Balance outstanding at start of year

(18,568

)

1,730

Amounts advanced

65,401

(47,860

)

Amounts repaid

(43,634

)

27,562

Balance outstanding at end of year

3,199

(18,568

)

Interest of 3.25% is charged on the outstanding overdrawn Directors current account balance at the year end.