Cartwrights Accountants Holdings Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04411926 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2014

for

Cartwrights Accountants Holdings Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

E M McIntyre

A Hill

D Brock

A Khan

M Brown

REGISTERED OFFICE:

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

REGISTERED NUMBER:

04411926 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

FIXED ASSETS

Investments

2

1,208,450

1,208,450

CURRENT ASSETS

Debtors

520,163

1

CREDITORS

Amounts falling due within one year

941,581

1,208,350

NET CURRENT LIABILITIES

(421,418

)

(1,208,349

)

TOTAL ASSETS LESS CURRENT LIABILITIES

787,032

101

CAPITAL AND RESERVES

Called up share capital

3

101

101

Profit and loss account

786,931

-

SHAREHOLDERS' FUNDS

787,032

101

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 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 30 January 2015 and were signed on its behalf by:

E M McIntyre - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards

(United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as

otherwise stated).

Accounting convention

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Cartwrights Accountants Holdings Limited as an individual

company and do not contain consolidated financial information as the parent of a group. The company has taken

the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 May 2013

and 30 April 2014

1,208,450

NET BOOK VALUE

At 30 April 2014

1,208,450

At 30 April 2013

1,208,450

The company's investments at the balance sheet date in the share capital of companies include the following:

Cartwrights Advisory Services Limited

Nature of business: Accountancy and related services

%

Class of shares:

holding

Ordinary

100.00

2014

2013

£

£

Aggregate capital and reserves

100

701,606

Profit for the year

69,896

190,602

Cartwrights Audit Limited

Nature of business: Audit and related services

%

Class of shares:

holding

Ordinary

100.00

2014

2013

£

£

Aggregate capital and reserves

750,000

776,406

Profit for the year

324,799

59,855

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,000

Ordinary

£0.01

100

100

100

Ordinary A, B, C & D shares

£0.01

1

1

101

101

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the directors were owed £84,436 (2013: £Nil) by the company.

Dividends totalling £335,676 (£295,050) were paid to the directors during the year.