Auric Associates Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04948141

Abbreviated Accounts

for the Year Ended 31 October 2013

for

AURIC ASSOCIATES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P R Hill

D C Speller

SECRETARY:

D Garrett

REGISTERED OFFICE:

Churchmill House

Ockford Road

Godalming

Surrey

GU7 1QY

REGISTERED NUMBER:

04948141

ACCOUNTANTS:

Churchmill House Limited

Churchmill House

Ockford Road

Godalming

Surrey

GU7 1QY

FIXED ASSETS

Tangible assets

2

146

195

CURRENT ASSETS

Debtors

2,265

1,397

Cash at bank

96

522

2,361

1,919

CREDITORS

Amounts falling due within one year

1,978

1,382

NET CURRENT ASSETS

383

537

TOTAL ASSETS LESS CURRENT LIABILITIES

529

732

CREDITORS

Amounts falling due after more than one year

2,000

2,500

NET LIABILITIES

(1,471

)

(1,768

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(1,472

)

(1,769

)

SHAREHOLDERS' FUNDS

(1,471

)

(1,768

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2013 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 24 July 2014 and were signed on its behalf by:

D C Speller - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been drawn up on a going concern basis. The directors consider that the

company has the funds available to meet it's liabilities as they fall due and on the basis of projections

prepared for the twelve months from the date of these accounts that the going concern basis of preparing

the financial statements remains appropriate.

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 quality assurance and business management consultancy

services, excluding value added tax, and are recognised in the month to which they relate.

Tangible fixed assets

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

Plant and machinery etc

-

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 November 2012

and 31 October 2013

2,600

DEPRECIATION

At 1 November 2012

2,405

Charge for year

49

At 31 October 2013

2,454

NET BOOK VALUE

At 31 October 2013

146

At 31 October 2012

195

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.13

31.10.12

value:

£

£

1

Ordinary shares

1

1

1

4.	RELATED PARTY DISCLOSURES

5.

CONTROL

The company was under the control of the director Mr P R Hill during the period. Amounts owing to Mr

Hill at year end totalled £2,535 (2012 - £2,747).