BUTTERTOWN LIMITED - Period Ending 2016-04-30
BUTTERTOWN LIMITED - Period Ending 2016-04-30
Registration number:
trading as
Unaudited Abbreviated Accounts
for the Year Ended
BUTTERTOWN LIMITED
trading as AIMS Accountants for Business REIGATE
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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 5) have been prepared.
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
BUTTERTOWN LIMITED
trading as AIMS Accountants for Business REIGATE
for the Year Ended 30 April 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of BUTTERTOWN LIMITED for the year ended 30 April 2016 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 BUTTERTOWN LIMITED, as a body, in accordance with the terms of our engagement letterdated 1 September 1999. Our work has been undertaken solely to prepare for your approval the accounts of BUTTERTOWN LIMITED 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 BUTTERTOWN LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that BUTTERTOWN LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of BUTTERTOWN LIMITED. You consider that BUTTERTOWN LIMITED 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 BUTTERTOWN LIMITED. 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.
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BUTTERTOWN LIMITED t/a AIMS ACCOUNTANTS FOR BUSINESS REIGATE
Independent Accountants
10 HAREWOOD CLOSE
REIGATE
SURREY
RH2 0HE
30 January 2017
BUTTERTOWN LIMITED
trading as AIMS Accountants for Business REIGATE
(Registration number: 03739796)
Abbreviated Balance Sheet at 30 April 2016
Note |
2016
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2015
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Net assets |
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Capital and reserves |
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Profit and loss account |
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Shareholders' funds |
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Approved by the director on
2
BUTTERTOWN LIMITED
trading as AIMS Accountants for Business REIGATE
(Registration number: 03739796)
Abbreviated Balance Sheet at 30 April 2016
......... continued
.........................................
Robert Hodgetts
Director
3
BUTTERTOWN LIMITED
trading as AIMS Accountants for Business REIGATE
Notes to the Abbreviated Accounts for the Year Ended 30 April 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Depreciation to reflect directors valuation
Asset class |
Amortisation method and rate |
acquisition of clients from Bonella |
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Depreciation
Depreciation is provided to write off the cost of tangible fixed assets over the ir residual life
Asset class |
Depreciation method and rate |
Fixtures and fittings |
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Financial instruments
BUTTERTOWN LIMITED
trading as AIMS Accountants for Business REIGATE
Notes to the Abbreviated Accounts for the Year Ended 30 April 2016
......... continued
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 May 2015 |
36,081 |
1,179 |
37,260 |
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Additions |
12,000 |
- |
12,000 |
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At 30 April 2016 |
48,081 |
1,179 |
49,260 |
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Depreciation |
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At 1 May 2015 |
- |
427 |
427 |
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At 30 April 2016 |
- |
427 |
427 |
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Net book value |
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At 30 April 2016 |
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At 30 April 2015 |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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