| R Carless & Associates Ltd |
| Accountants' Report |
|
|
| Accountants' Report To The Director Of |
| R Carless & Associates Ltd |
|
| You consider that the company is exempt from an audit For The Year Ended 30 April 2014. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. |
| In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. |
| We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. |
|
| TCAS Ltd |
| Chartered Certified Accountants |
|
| 2 Victoria Hall |
| Coombe Lane |
| Axminster |
| Devon |
| EX13 5AX |
|
|
| 13-Jan-15 |
|
| R Carless & Associates Ltd |
| Balance Sheet |
| As At 30 April 2014 |
|
| Notes |
|
|
2014 |
|
| £ |
|
| Fixed Assets |
| Intangible Assets |
4 |
|
|
7,536 |
|
| Current Assets |
| Debtors |
5 |
|
18,126 |
| Cash At Bank |
|
|
228 |
|
|
|
18,354 |
|
|
|
| Creditors: Amounts Falling Due Within One Year |
6 |
|
(6,744) |
|
| Net Current Assets |
|
|
|
11,610 |
|
|
| Net Assets |
|
|
|
19,146 |
|
|
|
|
|
|
|
| Capital And Reserves |
| Called Up Share Capital |
7 |
|
|
150 |
| Profit And Loss Account |
8 |
|
|
18,996 |
|
| Shareholders' Funds |
|
|
|
19,146 |
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr R Carless |
| Director |
| Approved by the board on 13 January 2015 |
|
| R Carless & Associates Ltd |
| Notes To The Accounts |
| For The Year Ended 30 April 2014 |
|
| 1 |
Accounting Policies |
|
|
Basis Of Preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Operating profit |
2014 |
|
| £ |
|
|
This is stated after charging: |
|
|
Amortisation of goodwill |
1,884 |
|
Directors' remuneration |
6,313 |
|
|
|
|
|
|
|
|
|
| 3 |
Taxation |
2014 |
|
| £ |
|
|
|
UK corporation tax |
5,250 |
|
|
|
|
|
|
|
|
|
| 4 |
Intangible Fixed Assets |
£ |
|
Goodwill: |
|
|
Cost |
|
Additions |
9,420 |
|
At 30 April 2014 |
9,420 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
Provided during the year |
1,884 |
|
At 30 April 2014 |
1,884 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2014 |
7,536 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. |
|
|
| 5 |
Debtors |
2014 |
|
| £ |
|
|
|
Other Debtors |
18,126 |
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: Amounts Falling Due Within One Year |
2014 |
|
| £ |
|
|
|
Trade Creditors |
1,480 |
|
Corporation Tax |
5,250 |
|
Other Creditors |
14 |
|
|
|
|
|
|
6,744 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Share Capital |
Nominal |
|
2014 |
|
2014 |
|
| value |
Number |
£ |
|
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
150 |
|
150 |
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
Ordinary shares |
£1 each |
|
150 |
|
150 |
|
|
|
|
|
|
|
|
| 8 |
Profit And Loss Account |
2014 |
| £ |
|
|
Profit for the year |
18,996 |
|
|
At 30 April 2014 |
18,996 |
|
|
|
|
|
|
|
|
|
|
|
| 9 |
Control |
|
The company is under the control of its director who owns 67% of the issued |
|
share capital |
|
