ASK PLANNING LIMITED - Abbreviated accounts 16.3

REGISTERED NUMBER: 06918758 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 June 2015 to 30 May 2016

for

ASK PLANNING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Ms P Finch

REGISTERED OFFICE:

Alpha House

646c Kingsbury Road

Kingsbury

London

NW9 9HN

REGISTERED NUMBER:

06918758 (England and Wales)

ACCOUNTANTS:

Frasers Young Limited

Chartered Certified Accountants

Alpha House

646c Kingsbury Road

Kingsbury

London

NW9 9HN

FIXED ASSETS

Intangible assets

2

40,000

40,000

Tangible assets

3

10,067

9,083

50,067

49,083

CURRENT ASSETS

Debtors

362,121

59,127

Cash at bank

118,285

464,556

480,406

523,683

CREDITORS

Amounts falling due within one year

(135,368

)

(162,061

)

NET CURRENT ASSETS

345,038

361,622

TOTAL ASSETS LESS CURRENT LIABILITIES

395,105

410,705

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

395,005

410,605

SHAREHOLDERS' FUNDS

395,105

410,705

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 May 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 May 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:

Ms P Finch - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25 % on reducing balance

Computer equipment

-

15% 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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 30 May 2016

40,000

NET BOOK VALUE

At 30 May 2016

40,000

At 31 May 2015

40,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

27,976

Additions

3,011

At 30 May 2016

30,987

DEPRECIATION

At 1 June 2015

18,893

Charge for period

2,027

At 30 May 2016

20,920

NET BOOK VALUE

At 30 May 2016

10,067

At 31 May 2015

9,083

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.5.16

31.5.15

value:

£

£

100

Ordinary

£1

100

100

5.	ULTIMATE CONTROLLING PARTY

The controlling party is the Director.