Counselling Channel Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06517864 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Counselling Channel Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Dr A C Crouch

Mrs M Powell

SECRETARY:

Mrs M Powell

REGISTERED OFFICE:

Pawlett House

West Street

SOMERTON

Somerset

TA11 7PS

REGISTERED NUMBER:

06517864 (England and Wales)

ACCOUNTANTS:

Bridges Holland

Chartered Certified Accountant

Pawlett House

West Street

Somerton

Somerset

TA11 7PS

FIXED ASSETS

Tangible assets

2

5,287

4,062

CURRENT ASSETS

Stocks

4,059

-

Debtors

205

309

Cash at bank and in hand

5,467

11,017

9,731

11,326

CREDITORS

Amounts falling due within one year

61,811

61,433

NET CURRENT LIABILITIES

(52,080

)

(50,107

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(46,793

)

(46,045

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(46,893

)

(46,145

)

SHAREHOLDERS' FUNDS

(46,793

)

(46,045

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 16 July 2014 and were signed on its behalf by:

Dr A C Crouch - Director

Ms M Powell - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, 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.

Video equipment

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

16,339

Additions

2,987

At 31 March 2014

19,326

DEPRECIATION

At 1 April 2013

12,277

Charge for year

1,762

At 31 March 2014

14,039

NET BOOK VALUE

At 31 March 2014

5,287

At 31 March 2013

4,062

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100

4.	ULTIMATE PARENT COMPANY

The company is a wholly owned subsidiary of Counselling Psychology Services Limited a company

registered in England & Wales.