Art of the Market Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07622032 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2014

for

ART OF THE MARKET LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S J Dawes

Mrs S Dawes

REGISTERED OFFICE:

Littlecourt

18 St Mary's Road

Leatherhead

Surrey

KT22 8EY

REGISTERED NUMBER:

07622032 (England and Wales)

ACCOUNTANTS:

Bolton & Co

Squirrels Wood

Reigate Road

Leatherhead

Surrey

KT22 8QY

FIXED ASSETS

Tangible assets

2

308

461

CURRENT ASSETS

Cash at bank

2,087

912

CREDITORS

Amounts falling due within one year

2,344

3,074

NET CURRENT LIABILITIES

(257

)

(2,162

)

TOTAL ASSETS LESS CURRENT LIABILITIES

51

(1,701

)

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

47

(1,705

)

SHAREHOLDERS' FUNDS

51

(1,701

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 12 February 2015 and were signed on its behalf by:

S J Dawes - 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 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.

Plant and machinery etc

-

33% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

1,029

DEPRECIATION

At 1 June 2013

568

Charge for year

153

At 31 May 2014

721

NET BOOK VALUE

At 31 May 2014

308

At 31 May 2013

461

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/5/14

31/5/13

value:

£

£

2

Ordinary

£2

4

4