Harcourt Accountancy Services Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02916726 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2014

FOR

HARCOURT ACCOUNTANCY SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S P H Armes

REGISTERED OFFICE:

25 The Green

Southwick

West Sussex

BN42 4DG

REGISTERED NUMBER:

02916726 (England and Wales)

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

2,005

1,593

2,005

1,593

CURRENT ASSETS

Debtors

1,975

970

Cash at bank

5,371

5,969

7,346

6,939

CREDITORS

Amounts falling due within one year

5,147

4,081

NET CURRENT ASSETS

2,199

2,858

TOTAL ASSETS LESS CURRENT LIABILITIES

4,204

4,451

CAPITAL AND RESERVES

Called up share capital

4

25

25

Profit and loss account

4,179

4,426

SHAREHOLDERS' FUNDS

4,204

4,451

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 14 January 2015 and were signed by:

S P H Armes - 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 value of services.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax has not been provided in these accounts as, in the opinion of the director, there is reasonable

probability that the liability will not arise in the foreseeable future. This does not comply with the Financial

Reporting Standard for Smaller Entities (effective April 2008) paragraph 9.4. If full provision for deferred

taxation was made in these accounts, there would be a liability at 30 April 2014 of £401 (2013 £319).

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

11,000

AMORTISATION

At 1 May 2013

and 30 April 2014

11,000

NET BOOK VALUE

At 30 April 2014

-

At 30 April 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

5,789

Additions

1,081

At 30 April 2014

6,870

DEPRECIATION

At 1 May 2013

4,196

Charge for year

669

At 30 April 2014

4,865

NET BOOK VALUE

At 30 April 2014

2,005

At 30 April 2013

1,593

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

10

Ordinary

£1

10

10

10

A Ordinary Shares

£1

10

10

5

B Ordinary

£1

5

5

25

25

5.

CONTROL

The company was controlled throughout the year by its director being the majority shareholder.