Artemis Partners Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07926073 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Artemis Partners Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S N J Roffey

R Girling

Brigadier D Keenan (retired)

T McGrath Brown

REGISTERED OFFICE:

Adam House

21 Horseshoe Park

Horseshoe Road

Pangbourne

Berkshire

RG8 7JW

REGISTERED NUMBER:

07926073 (England and Wales)

ACCOUNTANTS:

AdamsLeeClark Ltd

Adam House

21 Horseshoe Park

Horseshoe Road

Pangbourne

Berkshire

RG8 7JW

FIXED ASSETS

Tangible assets

2

134

501

CURRENT ASSETS

Cash at bank

622

17,996

CREDITORS

Amounts falling due within one year

4,501

17,444

NET CURRENT (LIABILITIES)/ASSETS

(3,879

)

552

TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,745

)

1,053

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

(4,745

)

53

SHAREHOLDERS' FUNDS

(3,745

)

1,053

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 30 March 2017 and were signed on its behalf by:

S N J Roffey - 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 value of sales of services rendered, 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.

Office 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

1,589

DEPRECIATION

At 1 July 2015

1,088

Charge for year

367

At 30 June 2016

1,455

NET BOOK VALUE

At 30 June 2016

134

At 30 June 2015

501

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

850

Ordinary A

850

50

Ordinary B

50

100

Ordinary C

100

1,000