ACCOUNTANCY & MORE LIMITED

ACCOUNTANCY & MORE LIMITED

ACCOUNTANCY & MORE LIMITED - Company Information

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ACCOUNTANCY & MORE LIMITED

Company Registration Number:
07203152 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2017

Period of accounts

Start date: 01 April 2016

End date: 31 March 2017

ACCOUNTANCY & MORE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2017

Balance sheet
Notes

ACCOUNTANCY & MORE LIMITED

Balance sheet

As at 31 March 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 1,676 0
Total fixed assets: 1,676 0
Current assets
Debtors:   1,910 3,394
Cash at bank and in hand: 29,848 15,610
Total current assets: 31,758 19,004
Creditors: amounts falling due within one year:   (4,399) (5,215)
Net current assets (liabilities): 27,359 13,789
Total assets less current liabilities: 29,035 13,789
Total net assets (liabilities): 29,035 13,789
Capital and reserves
Called up share capital: 20 20
Profit and loss account: 29,015 13,769
Shareholders funds: 29,035 13,789

The notes form part of these financial statements

ACCOUNTANCY & MORE LIMITED

Balance sheet statements

For the year ending 31 March 2017 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

This report was approved by the board of directors on 22 December 2017
and signed on behalf of the board by:

Name: Beauty C Zindi
Status: Director

The notes form part of these financial statements

ACCOUNTANCY & MORE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:Plant and machinery - over 3 yearsFixtures, Fittings, Tools and Equipment - over 3 years

Other accounting policies

Debtors:Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.Creditors:Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

ACCOUNTANCY & MORE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017


2. Tangible Assets

Total
Cost £
At 01 April 2016 4,910
Additions 2,514
At 31 March 2017 7,424
Depreciation
At 01 April 2016 4,910
Charge for year 838
At 31 March 2017 5,748
Net book value
At 31 March 2017 1,676
At 31 March 2016 0