Carlton & Associates Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07350036 (England and Wales)

CARLTON & ASSOCIATES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST AUGUST 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J S Carlton

Mrs J R Carlton

REGISTERED OFFICE:

Waterford

Moat Lane

Sedlescombe

Battle

East Sussex

TN33 0RZ

REGISTERED NUMBER:

07350036 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

82 High Street

Tenterden

Kent

TN30 6JG

FIXED ASSETS

Tangible assets

2

657

875

CURRENT ASSETS

Debtors

-

31,764

Cash at bank

46,855

36,430

46,855

68,194

CREDITORS

Amounts falling due within one year

8,442

13,243

NET CURRENT ASSETS

38,413

54,951

TOTAL ASSETS LESS CURRENT LIABILITIES

39,070

55,826

PROVISIONS FOR LIABILITIES

132

175

NET ASSETS

38,938

55,651

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

38,738

55,451

SHAREHOLDERS' FUNDS

38,938

55,651

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 15th May 2017 and were signed on its behalf by:

J S Carlton - 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 invoiced work done for consultancy services.

Tangible fixed assets

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

Computer equipment

-

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.

Revenue recognition

In accordance with the provisions of UITF40 'Revenue recognition and service contracts' where

work straddles a year end it is treated a a long term contract and income is accrued as the work

progresses to reflect the partial completion of the work at the year end.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st September 2015

and 31st August 2016

1,836

DEPRECIATION

At 1st September 2015

961

Charge for year

218

At 31st August 2016

1,179

NET BOOK VALUE

At 31st August 2016

657

At 31st August 2015

875

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

200

Ordinary

£1

200

200