Judith Nicol Associates Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05155216 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 July 2016

for

Judith Nicol Associates Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs J A Nicol

REGISTERED OFFICE:

2 Maple Court

Davenport Street

Macclesfield

Cheshire

SK10 1JE

REGISTERED NUMBER:

05155216 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Ltd

Chartered Accountants

2 Maple Court

Davenport Street

Macclesfield

Cheshire

SK101JE

FIXED ASSETS

Tangible assets

2

5,610

7,481

CURRENT ASSETS

Debtors

8,791

2,853

Cash at bank

68,381

87,186

77,172

90,039

CREDITORS

Amounts falling due within one year

29,734

30,878

NET CURRENT ASSETS

47,438

59,161

TOTAL ASSETS LESS CURRENT
LIABILITIES

53,048

66,642

PROVISIONS FOR LIABILITIES

1,122

-

NET ASSETS

51,926

66,642

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

51,925

66,641

SHAREHOLDERS' FUNDS

51,926

66,642

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 29 March 2017 and were signed by:

Mrs J A Nicol - 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 sales of services net of output VAT but including VAT retained under the flat rate scheme.

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

20,674

DEPRECIATION

At 1 August 2015

13,193

Charge for year

1,871

At 31 July 2016

15,064

NET BOOK VALUE

At 31 July 2016

5,610

At 31 July 2015

7,481

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1

4.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mrs J Nicol who owns 100% of the issued share capital.