Andrew Michael Associates Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07134030 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 March 2016

for

ANDREW MICHAEL ASSOCIATES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A M Michael

Mrs S Michael

REGISTERED OFFICE:

Lloyds Bank Chambers

Hustlergate

Bradford

BD1 1UQ

REGISTERED NUMBER:

07134030 (England and Wales)

ACCOUNTANTS:

Rawse, Varley & Co

Chartered Accountants

Lloyds Bank Chambers

Hustlergate

Bradford

BD1 1UQ

FIXED ASSETS

Tangible assets

2

2,781

4,038

Investments

3

10

2,791

4,048

CURRENT ASSETS

Debtors

1,890

-

Cash at bank

21

1,346

1,911

1,346

CREDITORS

Amounts falling due within one year

4,020

4,175

NET CURRENT LIABILITIES

(2,109

)

(2,829

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

682

1,219

PROVISIONS FOR LIABILITIES

557

808

NET ASSETS

125

411

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

25

311

SHAREHOLDERS' FUNDS

125

411

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 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 28 September 2016 and were signed on its behalf
by:

A M Michael - 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 invoice value of services supplied for the period exclusive of value added tax.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation.

Depreciation is calculated to write off assets to their estimated residual values by the end of their useful lives at

the following annual rate:

Computer equipment - 20% of cost

Deferred taxation

Provision is made at projected rates of corporation tax in respect of all timing differences between the

recognition of gains and losses in the accounts and tax computations.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

7,702

DEPRECIATION

At 1 April 2015

3,664

Charge for year

1,257

At 31 March 2016

4,921

NET BOOK VALUE

At 31 March 2016

2,781

At 31 March 2015

4,038

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

and 31 March 2016

10

NET BOOK VALUE

At 31 March 2016

10

At 31 March 2015

10

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

A director's loan account is operated by Mr A M Michael. The account was in credit at the beginning of the year

by £840 and overdrawn at the end of the year by £1,890. The balance has been repaid since the year end.