Balance Consultancy Limited - Period Ending 2014-05-31

100 Ordinary Shares of £1 each

BALANCE CONSULTANCY LIMITED - Company Information

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Registration number: 08520930

Balance Consultancy Limited

Unaudited Abbreviated Accounts

for the Period from 9 May 2013 to 31 May 2014

Flemmings Chartered Accountants
76 Canterbury Road
Croydon
Surrey
CR0 3HA

Balance Consultancy Limited
Contents

Abbreviated Balance Sheet

1 to 2

Notes to the Abbreviated Accounts

3 to 4

Balance Consultancy Limited
(Registration number: 08520930)
Abbreviated Balance Sheet at 31 May 2014

		Note		31 May 2014
	£		£
Fixed assets
Tangible fixed assets					94
Current assets
Debtors				5,665
Cash at bank and in hand				9,623
				15,288
Creditors: Amounts falling due within one year				(12,605)
Net current assets					2,683
Total assets less current liabilities					2,777
Provisions for liabilities					(19)
Net assets					2,758
Capital and reserves
Called up share capital		3		100
Profit and loss account				2,658
Shareholders' funds					2,758

For the year ending 31 May 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 1

Balance Consultancy Limited
(Registration number: 08520930)
Abbreviated Balance Sheet at 31 May 2014
......... continued

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the director on 6 October 2014

.........................................
Mr S N Shah
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Balance Consultancy Limited
Notes to the Abbreviated Accounts for the Period from 9 May 2013 to 31 May 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	25% straight line basis

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

Balance Consultancy Limited
Notes to the Abbreviated Accounts for the Period from 9 May 2013 to 31 May 2014
......... continued

2	Fixed assets

	Tangible assets £	Total £
Cost
Additions	129	129
At 31 May 2014	129	129
Depreciation
Charge for the period	35	35
At 31 May 2014	35	35
Net book value
At 31 May 2014	94	94

3	Share capital

Allotted, called up and fully paid shares

Page 4