ACCOUNTS - Final Accounts preparation


06715829 2015-11-01 false true 2016-10-312016-10-31 06715829 2015-11-01 2016-10-31 06715829 2016-10-31 06715829 2015-10-31 06715829 c:OrdinaryShareClass1 2016-10-31 06715829 c:OrdinaryShareClass1 2015-10-31 06715829 c:OrdinaryShareClass1 2015-11-01 2016-10-31 06715829 c:Director1 2015-11-01 2016-10-31 06715829 d:NetGoodwill 2015-11-01 2016-10-31 xbrli:shares iso4217:GBP
Registered number: 06715829














ANSCOMB PROPERTY SERVICES LIMITED




UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016

 
ANSCOMB PROPERTY SERVICES LIMITED
REGISTERED NUMBER: 06715829

ABBREVIATED BALANCE SHEET
AS AT 31 OCTOBER 2016

2016
2015
Note
£
£
£
£
 
FIXED ASSETS





 
Intangible assets
 
2
6,000

7,000
 
CURRENT ASSETS





 
Debtors
109
3,065

 
Cash at bank

158
991







 
267
4,056
 
CREDITORS: amounts falling due within one year
(19,763)
(11,156)
 
NET CURRENT LIABILITIES


(19,496)

(7,100)
 
TOTAL ASSETS LESS CURRENT LIABILITIES
 (13,496)

 (100)
  
CAPITAL AND RESERVES

 
Called up share capital
3
10
10
 
Profit and loss account
(13,506)
(110)
 
SHAREHOLDERS' DEFICIT
 

 (13,496)

 (100)


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 October 2016 and of its loss for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf by: 





................................................
John Anscomb
Director

Date: 30 June 2017

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
ANSCOMB PROPERTY SERVICES LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2016

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

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 January 2015).

1.2
Going concern
The financial statements are prepared on a going concern basis. The director believes that this is appropriate having considered the going concern position of the company for a minimum of 12 months from the date of approval of the financial statements.

1.3
Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

1.4
Intangible fixed assets and amortisation

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Profit and loss account over its estimated economic life.

Amortisation is provided at the following rates:
 
Goodwill
-
10% Straight line


2.INTANGIBLE FIXED ASSETS



£


Cost



At 1 November 2015 and 31 October 2016

10,000

Amortisation


At 1 November 2015
3,000

Charge for the year
1,000


At 31 October 2016

4,000




Net book value


At 31 October 2016
 6,000


At 31 October 2015

 7,000

Page 2

 
ANSCOMB PROPERTY SERVICES LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2016

3.SHARE CAPITAL
        2016
        2015
        £

        £

Allotted, called up and fully paid



10 Ordinary shares of £1 each
 10
 10

Page 3