Sarah Carr And Associates Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08627224 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

FOR

SARAH CARR AND ASSOCIATES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Dr S E Carr

REGISTERED OFFICE:

20-22 Wenlock Street

London

N1 7GU

REGISTERED NUMBER:

08627224 (England and Wales)

ACCOUNTANTS:

ESW Chartered Accountants

162-164 High Street

Rayleigh

Essex

SS6 7BS

FIXED ASSETS

Tangible assets

2

881

1,209

CURRENT ASSETS

Debtors

883

7,896

Cash at bank

51,451

63,472

52,334

71,368

CREDITORS

Amounts falling due within one year

(17,724

)

(30,666

)

NET CURRENT ASSETS

34,610

40,702

TOTAL ASSETS LESS CURRENT LIABILITIES

35,491

41,911

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

35,490

41,910

SHAREHOLDERS' FUNDS

35,491

41,911

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 23 January 2017 and were signed by:

Dr S E Carr - 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 goods, 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

-

25% on reducing balance

Computer equipment

-

33% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

2,371

Additions

679

At 31 July 2016

3,050

DEPRECIATION

At 1 August 2015

1,162

Charge for year

1,007

At 31 July 2016

2,169

NET BOOK VALUE

At 31 July 2016

881

At 31 July 2015

1,209

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1

Ordinary

£1

1

1