Accura Accountants Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07644572 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2016

FOR

ACCURA ACCOUNTANTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A.S. Bradstock

B M Leighton

R M Blech

S Patel

Miss R Boorman

REGISTERED OFFICE:

Langley House

East Finchley

London

N2 8EY

REGISTERED NUMBER:

07644572 (England and Wales)

FIXED ASSETS

Intangible assets

2

582,000

390,000

Tangible assets

3

31,591

42,323

613,591

432,323

CURRENT ASSETS

Debtors

1,217,342

1,236,253

Cash at bank

4,993

64,070

1,222,335

1,300,323

CREDITORS

Amounts falling due within one year

671,188

573,314

NET CURRENT ASSETS

551,147

727,009

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,164,738

1,159,332

CREDITORS

Amounts falling due after more than one
year

978,831

1,103,224

NET ASSETS

185,907

56,108

CAPITAL AND RESERVES

Called up share capital

4

1,000

Profit and loss account

184,907

55,108

SHAREHOLDERS' FUNDS

185,907

56,108

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 21 April 2017 and were signed on its behalf by:

B M Leighton - 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 services, excluding value added tax. Revenue is recorded once the

service has been provided.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

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 etc

-

33% on cost and 25% on cost

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

1,950,000

Additions

582,000

At 31 August 2016

2,532,000

AMORTISATION

At 1 September 2015

1,560,000

Amortisation for year

390,000

At 31 August 2016

1,950,000

NET BOOK VALUE

At 31 August 2016

582,000

At 31 August 2015

390,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

111,812

Additions

3,145

At 31 August 2016

114,957

DEPRECIATION

At 1 September 2015

69,489

Charge for year

13,877

At 31 August 2016

83,366

NET BOOK VALUE

At 31 August 2016

31,591

At 31 August 2015

42,323

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

1,000

Ordinary

1

1,000

5.	CONTROLLING PARTY

The company is under the control of its majority shareholders A.S. Bradstock.