Churchcroft Associates Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07418899 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Churchcroft Associates Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

5

DIRECTORS:

Mrs D M Brenchley

C G Brenchley

REGISTERED OFFICE:

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

REGISTERED NUMBER:

07418899 (England and Wales)

ACCOUNTANTS:

Johnston Wood Roach Limited

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

FIXED ASSETS

Tangible assets

2

6,145

6,965

CURRENT ASSETS

Debtors

7,409

9,220

Cash at bank

679

6,312

8,088

15,532

CREDITORS

Amounts falling due within one year

6,154

9,877

NET CURRENT ASSETS

1,934

5,655

TOTAL ASSETS LESS CURRENT LIABILITIES

8,079

12,620

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

8,077

12,618

SHAREHOLDERS' FUNDS

8,079

12,620

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 22 December 2014 and were signed on its behalf by:

Mrs D M Brenchley - 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 gross invoiced sales of services, 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.

Improvements to property

-

10% on reducing balance

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

8,288

DEPRECIATION

At 1 April 2013

1,323

Charge for year

820

At 31 March 2014

2,143

NET BOOK VALUE

At 31 March 2014

6,145

At 31 March 2013

6,965

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

1

'A'

£1

1

1

1

'B'

£1

1

1

2

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2014 and

31 March 2013:

31.3.14

31.3.13

£

£

Mrs D M Brenchley

Balance outstanding at start of year

4,220

7,519

Amounts advanced

4,452

39,546

Amounts repaid

(1,263

)

(42,845

)

Balance outstanding at end of year

7,409

4,220

The overdrawn Directors loan account was cleared by way of dividend on 17 December 2014.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended

31 March 2014 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to

fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Johnston Wood Roach Limited

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

Date: .............................................