Charles Accountancy Ltd

CHARLES ACCOUNTANCY LIMITED - Company Information

true Mr T Charles true 1 June 2015 31 May 2016 31 May 2016 true false 08511693 true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08511693 2015-05-31 08511693 2016-05-31 08511693 2015-06-01 2016-05-31 08511693 uk-gaap:RestatedAmount 2015-05-31 08511693 uk-gaap:RestatedAmount 2016-05-31 08511693 uk-gaap:NetGoodwill 2015-05-31 08511693 uk-gaap:NetGoodwill 2016-05-31 08511693 uk-gaap:NetGoodwill 2015-06-01 2016-05-31 08511693 uk-gaap:OtherIntangibleFixedAssets 2015-06-01 2016-05-31 08511693 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-05-31 08511693 uk-gaap:IntangibleAssetsOtherThanGoodwill 2016-05-31 08511693 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-06-01 2016-05-31 08511693 uk-gaap:DevelopmentCosts 2015-05-31 08511693 uk-gaap:DevelopmentCosts 2016-05-31 08511693 uk-gaap:DevelopmentCosts 2015-06-01 2016-05-31 08511693 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-05-31 08511693 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-06-01 2016-05-31 08511693 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2016-05-31 08511693 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-06-01 2016-05-31 08511693 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-05-31 08511693 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2016-05-31 08511693 uk-gaap:PlantMachinery 2015-06-01 2016-05-31 08511693 uk-gaap:PlantMachinery 2015-05-31 08511693 uk-gaap:PlantMachinery 2016-05-31 08511693 uk-gaap:Vehicles 2015-06-01 2016-05-31 08511693 uk-gaap:Vehicles 2015-05-31 08511693 uk-gaap:Vehicles 2016-05-31 08511693 uk-gaap:FixturesFittings 2015-06-01 2016-05-31 08511693 uk-gaap:FixturesFittings 2015-05-31 08511693 uk-gaap:FixturesFittings 2016-05-31 08511693 uk-gaap:ComputerEquipment 2015-06-01 2016-05-31 08511693 uk-gaap:ComputerEquipment 2015-05-31 08511693 uk-gaap:ComputerEquipment 2016-05-31 08511693 uk-gaap:SharesListedFixedAssetInvestments 2015-05-31 08511693 uk-gaap:SharesListedFixedAssetInvestments 2015-06-01 2016-05-31 08511693 uk-gaap:SharesListedFixedAssetInvestments 2016-05-31 08511693 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-05-31 08511693 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-06-01 2016-05-31 08511693 uk-gaap:SharesUnlistedFixedAssetInvestments 2016-05-31 08511693 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-05-31 08511693 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-06-01 2016-05-31 08511693 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2016-05-31 08511693 uk-gaap:ProvisionsForBadDebts 2015-05-31 08511693 uk-gaap:ProvisionsForBadDebts 2015-06-01 2016-05-31 08511693 uk-gaap:ProvisionsForBadDebts 2016-05-31 08511693 uk-gaap:ProvisionsForDeferredTaxation 2015-05-31 08511693 uk-gaap:ProvisionsForDeferredTaxation 2015-06-01 2016-05-31 08511693 uk-gaap:ProvisionsForDeferredTaxation 2016-05-31 08511693 uk-gaap:OtherProvisions 2015-05-31 08511693 uk-gaap:OtherProvisions 2015-06-01 2016-05-31 08511693 uk-gaap:OtherProvisions 2016-05-31 08511693 uk-gaap:WithinOneYear 2015-05-31 08511693 uk-gaap:WithinOneYear 2015-06-01 2016-05-31 08511693 uk-gaap:WithinOneYear 2016-05-31 08511693 uk-gaap:AfterOneYear 2015-05-31 08511693 uk-gaap:AfterOneYear 2015-06-01 2016-05-31 08511693 uk-gaap:AfterOneYear 2016-05-31 08511693 uk-bus:AllOrdinaryShares 2016-05-31 08511693 uk-bus:AllOrdinaryShares 2015-05-31 08511693 uk-bus:OrdinaryShareClass1 2016-05-31 08511693 uk-bus:OrdinaryShareClass2 2016-05-31 08511693 uk-bus:OrdinaryShareClass3 2016-05-31 08511693 uk-bus:OrdinaryShareClass4 2016-05-31 08511693 uk-bus:OrdinaryShareClass5 2016-05-31 08511693 uk-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 08511693 uk-bus:OrdinaryShareClass2 2015-06-01 2016-05-31 08511693 uk-bus:OrdinaryShareClass3 2015-06-01 2016-05-31 08511693 uk-bus:OrdinaryShareClass4 2015-06-01 2016-05-31 08511693 uk-bus:OrdinaryShareClass5 2015-06-01 2016-05-31 08511693 uk-bus:PreferenceShareClass1 2016-05-31 08511693 uk-bus:PreferenceShareClass2 2016-05-31 08511693 uk-bus:PreferenceShareClass3 2016-05-31 08511693 uk-bus:PreferenceShareClass4 2016-05-31 08511693 uk-bus:PreferenceShareClass5 2016-05-31 08511693 uk-bus:PreferenceShareClass1 2015-06-01 2016-05-31 08511693 uk-bus:PreferenceShareClass2 2015-06-01 2016-05-31 08511693 uk-bus:PreferenceShareClass3 2015-06-01 2016-05-31 08511693 uk-bus:PreferenceShareClass4 2015-06-01 2016-05-31 08511693 uk-bus:PreferenceShareClass5 2015-06-01 2016-05-31 08511693 uk-bus:CompanySecretary 2015-06-01 2016-05-31 08511693 uk-bus:RegisteredOffice 2015-06-01 2016-05-31 08511693 uk-bus:EntityAccountantsOrAuditors 2015-06-01 2016-05-31 08511693 uk-bus:EntityAccountantsOrAuditors 2016-05-31 08511693 uk-bus:MainBusiness 2015-06-01 2016-05-31 08511693 uk-bus:EntityBankers 2015-06-01 2016-05-31 08511693 uk-bus:EntityLawyersOrLegalAdvisers 2015-06-01 2016-05-31 08511693 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2015-06-01 2016-05-31 08511693 uk-bus:HighestPaidDirector 2015-06-01 2016-05-31 08511693 uk-bus:HighestPaidDirector 2016-05-31 08511693 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-06-01 2016-05-31 08511693 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-06-01 2016-05-31 08511693 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2015-06-01 2016-05-31 08511693 uk-bus:AllEntityOfficers 2015-06-01 2016-05-31 08511693 uk-gaap:InvestmentProperties 2015-05-31 08511693 uk-gaap:InvestmentProperties 2015-06-01 2016-05-31 08511693 uk-gaap:InvestmentProperties 2016-05-31 08511693 uk-gaap:IntellectualProperty 2015-06-01 2016-05-31 08511693 uk-gaap:IntellectualProperty 2015-05-31 08511693 uk-gaap:IntellectualProperty 2016-05-31 08511693 uk-countries:UnitedKingdom 2015-06-01 2016-05-31 08511693 uk-countries:Europe 2015-06-01 2016-05-31 08511693 uk-countries:NorthAmerica 2015-06-01 2016-05-31 08511693 uk-countries:SouthAmerica 2015-06-01 2016-05-31 08511693 uk-countries:Asia 2015-06-01 2016-05-31 08511693 uk-countries:RestWorldOutsideUK 2015-06-01 2016-05-31 08511693 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-06-01 2016-05-31 08511693 uk-gaap:LeasedTangibleFixedAssets 2015-06-01 2016-05-31 08511693 uk-gaap:AllSubsidiaries 2015-06-01 2016-05-31 08511693 uk-gaap:AllAssociates 2015-06-01 2016-05-31 08511693 dpl-gaap:CostSales 2015-05-31 08511693 dpl-gaap:CostSales 2016-05-31 08511693 dpl-gaap:CostSales 2015-06-01 2016-05-31 08511693 dpl-gaap:DistributionCosts 2015-06-01 2016-05-31 08511693 dpl-gaap:AdministrativeExpenses 2015-06-01 2016-05-31 08511693 uk-bus:Director1 2015-06-01 2016-05-31 08511693 uk-bus:Director1 2016-05-31 08511693 uk-bus:Director2 2015-06-01 2016-05-31 08511693 uk-bus:Director2 2016-05-31 08511693 2014-05-31 08511693 2015-05-31 08511693 2014-06-01 2015-05-31 08511693 uk-gaap:RestatedAmount 2014-05-31 08511693 uk-gaap:RestatedAmount 2015-05-31 08511693 uk-gaap:NetGoodwill 2014-05-31 08511693 uk-gaap:NetGoodwill 2015-05-31 08511693 uk-gaap:NetGoodwill 2014-06-01 2015-05-31 08511693 uk-gaap:OtherIntangibleFixedAssets 2014-06-01 2015-05-31 08511693 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-05-31 08511693 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-05-31 08511693 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-06-01 2015-05-31 08511693 uk-gaap:DevelopmentCosts 2014-05-31 08511693 uk-gaap:DevelopmentCosts 2015-05-31 08511693 uk-gaap:DevelopmentCosts 2014-06-01 2015-05-31 08511693 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-05-31 08511693 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-06-01 2015-05-31 08511693 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-05-31 08511693 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-06-01 2015-05-31 08511693 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-05-31 08511693 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-05-31 08511693 uk-gaap:PlantMachinery 2014-06-01 2015-05-31 08511693 uk-gaap:PlantMachinery 2014-05-31 08511693 uk-gaap:PlantMachinery 2015-05-31 08511693 uk-gaap:Vehicles 2014-06-01 2015-05-31 08511693 uk-gaap:Vehicles 2014-05-31 08511693 uk-gaap:Vehicles 2015-05-31 08511693 uk-gaap:FixturesFittings 2014-06-01 2015-05-31 08511693 uk-gaap:FixturesFittings 2014-05-31 08511693 uk-gaap:FixturesFittings 2015-05-31 08511693 uk-gaap:ComputerEquipment 2014-06-01 2015-05-31 08511693 uk-gaap:ComputerEquipment 2014-05-31 08511693 uk-gaap:ComputerEquipment 2015-05-31 08511693 uk-gaap:SharesListedFixedAssetInvestments 2014-05-31 08511693 uk-gaap:SharesListedFixedAssetInvestments 2014-06-01 2015-05-31 08511693 uk-gaap:SharesListedFixedAssetInvestments 2015-05-31 08511693 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-05-31 08511693 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-06-01 2015-05-31 08511693 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-05-31 08511693 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-05-31 08511693 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-06-01 2015-05-31 08511693 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-05-31 08511693 uk-gaap:ProvisionsForBadDebts 2014-05-31 08511693 uk-gaap:ProvisionsForBadDebts 2014-06-01 2015-05-31 08511693 uk-gaap:ProvisionsForBadDebts 2015-05-31 08511693 uk-gaap:ProvisionsForDeferredTaxation 2014-05-31 08511693 uk-gaap:ProvisionsForDeferredTaxation 2014-06-01 2015-05-31 08511693 uk-gaap:ProvisionsForDeferredTaxation 2015-05-31 08511693 uk-gaap:OtherProvisions 2014-05-31 08511693 uk-gaap:OtherProvisions 2014-06-01 2015-05-31 08511693 uk-gaap:OtherProvisions 2015-05-31 08511693 uk-gaap:WithinOneYear 2014-05-31 08511693 uk-gaap:WithinOneYear 2014-06-01 2015-05-31 08511693 uk-gaap:WithinOneYear 2015-05-31 08511693 uk-gaap:AfterOneYear 2014-05-31 08511693 uk-gaap:AfterOneYear 2014-06-01 2015-05-31 08511693 uk-gaap:AfterOneYear 2015-05-31 08511693 uk-bus:AllOrdinaryShares 2015-05-31 08511693 uk-bus:AllOrdinaryShares 2014-05-31 08511693 uk-bus:OrdinaryShareClass1 2015-05-31 08511693 uk-bus:OrdinaryShareClass2 2015-05-31 08511693 uk-bus:OrdinaryShareClass3 2015-05-31 08511693 uk-bus:OrdinaryShareClass4 2015-05-31 08511693 uk-bus:OrdinaryShareClass5 2015-05-31 08511693 uk-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 08511693 uk-bus:OrdinaryShareClass2 2014-06-01 2015-05-31 08511693 uk-bus:OrdinaryShareClass3 2014-06-01 2015-05-31 08511693 uk-bus:OrdinaryShareClass4 2014-06-01 2015-05-31 08511693 uk-bus:OrdinaryShareClass5 2014-06-01 2015-05-31 08511693 uk-bus:PreferenceShareClass1 2015-05-31 08511693 uk-bus:PreferenceShareClass2 2015-05-31 08511693 uk-bus:PreferenceShareClass3 2015-05-31 08511693 uk-bus:PreferenceShareClass4 2015-05-31 08511693 uk-bus:PreferenceShareClass5 2015-05-31 08511693 uk-bus:PreferenceShareClass1 2014-06-01 2015-05-31 08511693 uk-bus:PreferenceShareClass2 2014-06-01 2015-05-31 08511693 uk-bus:PreferenceShareClass3 2014-06-01 2015-05-31 08511693 uk-bus:PreferenceShareClass4 2014-06-01 2015-05-31 08511693 uk-bus:PreferenceShareClass5 2014-06-01 2015-05-31 08511693 uk-bus:CompanySecretary 2014-06-01 2015-05-31 08511693 uk-bus:RegisteredOffice 2014-06-01 2015-05-31 08511693 uk-bus:EntityAccountantsOrAuditors 2014-06-01 2015-05-31 08511693 uk-bus:EntityAccountantsOrAuditors 2015-05-31 08511693 uk-bus:MainBusiness 2014-06-01 2015-05-31 08511693 uk-bus:EntityBankers 2014-06-01 2015-05-31 08511693 uk-bus:EntityLawyersOrLegalAdvisers 2014-06-01 2015-05-31 08511693 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2014-06-01 2015-05-31 08511693 uk-bus:HighestPaidDirector 2014-06-01 2015-05-31 08511693 uk-bus:HighestPaidDirector 2015-05-31 08511693 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2014-06-01 2015-05-31 08511693 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2014-06-01 2015-05-31 08511693 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2014-06-01 2015-05-31 08511693 uk-bus:AllEntityOfficers 2014-06-01 2015-05-31 08511693 uk-gaap:InvestmentProperties 2014-05-31 08511693 uk-gaap:InvestmentProperties 2014-06-01 2015-05-31 08511693 uk-gaap:InvestmentProperties 2015-05-31 08511693 uk-gaap:IntellectualProperty 2014-06-01 2015-05-31 08511693 uk-gaap:IntellectualProperty 2014-05-31 08511693 uk-gaap:IntellectualProperty 2015-05-31 08511693 uk-countries:UnitedKingdom 2014-06-01 2015-05-31 08511693 uk-countries:Europe 2014-06-01 2015-05-31 08511693 uk-countries:NorthAmerica 2014-06-01 2015-05-31 08511693 uk-countries:SouthAmerica 2014-06-01 2015-05-31 08511693 uk-countries:Asia 2014-06-01 2015-05-31 08511693 uk-countries:RestWorldOutsideUK 2014-06-01 2015-05-31 08511693 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-06-01 2015-05-31 08511693 uk-gaap:LeasedTangibleFixedAssets 2014-06-01 2015-05-31 08511693 uk-gaap:AllSubsidiaries 2014-06-01 2015-05-31 08511693 uk-gaap:AllAssociates 2014-06-01 2015-05-31 08511693 dpl-gaap:CostSales 2014-05-31 08511693 dpl-gaap:CostSales 2015-05-31 08511693 dpl-gaap:CostSales 2014-06-01 2015-05-31 08511693 dpl-gaap:DistributionCosts 2014-06-01 2015-05-31 08511693 dpl-gaap:AdministrativeExpenses 2014-06-01 2015-05-31 08511693 uk-bus:Director1 2014-06-01 2015-05-31 08511693 uk-bus:Director1 2015-05-31 08511693 uk-bus:Director2 2014-06-01 2015-05-31 08511693 uk-bus:Director2 2015-05-31

Registered number: 08511693

Abbreviated accounts

For The Year Ended 31 May 2016

Charles Accountancy Limited

Chartered Certified Accountants

29 Greenford Gardens

Greenford

Ealing

London

UB6 9LY

Charles Accountancy Ltd

Company No. 08511693

Abbreviated Balance Sheet 31 May 2016

Abbreviated Balance Sheet

		2016		2015
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	2		38,222		57,332
Tangible Assets	3		22,655		18,954

			60,877		76,286
CURRENT ASSETS
Debtors		24,959		20,806
Cash at bank and in hand		1,014		16,830

		25,973		37,636
Creditors: Amounts Falling Due Within One Year		(85,932 )		(113,004 )

NET CURRENT ASSETS (LIABILITIES)			(59,959 )		(75,368 )

TOTAL ASSETS LESS CURRENT LIABILITIES			918		918

NET ASSETS			918		918

CAPITAL AND RESERVES
Called up share capital	4		100		100
Profit and Loss Account			818		818

SHAREHOLDERS' FUNDS			918		918

Charles Accountancy Ltd

Company No. 08511693

Abbreviated Balance Sheet (continued) 31 May 2016

For the year ending 31 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mr Timothy Charles

28 February 2017

Page 1

Charles Accountancy Ltd

Notes to the Abbreviated Accounts

For The Year Ended 31 May 2016

Notes to the Abbreviated Accounts

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2. Turnover

Turnover comprises the invoiced value of services supplied by the company.

Turnover is recognised by matching revenue to the date service has been supplied. Any income recevied in advance of the service being supplied is deferred until the period where the matching service is supplied. This treatment reflects the advance payments made by customers.

1.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.

1.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No depreciation provided on office building
Fixtures & Fittings	25% Straight line basis
Computer Equipment	33.33% Straight line basis

2. Intangible Assets


	Total
Cost	£
As at 1 June 2015	95,552

As at 31 May 2016	95,552

Amortisation
As at 1 June 2015	38,220
Provided during the period	19,110

As at 31 May 2016	57,330

Net Book Value
As at 31 May 2016	38,222

As at 1 June 2015	57,332

Page 2

Charles Accountancy Ltd

Notes to the Abbreviated Accounts (continued)

For The Year Ended 31 May 2016

3. Tangible Assets


	Total
Cost	£
As at 1 June 2015	20,689
Additions	7,509

As at 31 May 2016	28,198

Depreciation
As at 1 June 2015	1,735
Provided during the period	3,808

As at 31 May 2016	5,543

Net Book Value
As at 31 May 2016	22,655

As at 1 June 2015	18,954

4. Share Capital

	Value	Number	2016	2015
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	100	100	100

5. Transactions With and Loans to Directors

Dividends paid to directors

6. Ultimate Controlling Party

The company's ultimate controlling party is Mr T Charles by virtue of his ownership of the majority of the issued share capital in the company.

Page 3