Louise Rowland Associates Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07676958 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

FOR

LOUISE ROWLAND ASSOCIATES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms L Rowland

REGISTERED OFFICE:

9 Chandlers Drive

Amington

Tamworth

Staffordshire

B77 1NY

REGISTERED NUMBER:

07676958 (England and Wales)

ACCOUNTANTS:

Philip Barnes & Co Limited

Chartered Accountants

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

FIXED ASSETS

Tangible assets

2

3,238

3,574

CURRENT ASSETS

Debtors

22,150

26,355

Cash at bank

30,668

6,293

52,818

32,648

CREDITORS

Amounts falling due within one year

27,576

12,431

NET CURRENT ASSETS

25,242

20,217

TOTAL ASSETS LESS CURRENT LIABILITIES

28,480

23,791

PROVISIONS FOR LIABILITIES

648

715

NET ASSETS

27,832

23,076

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

27,732

22,976

SHAREHOLDERS' FUNDS

27,832

23,076

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

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

The director acknowledges her 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 5 March 2015 and were signed by:

Ms L Rowland - 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 goods, 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

-

25% reducing balance

Fixtures and fittings

-

25% reducing balance

Computer equipment

-

33% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

4,596

Additions

698

At 30 June 2014

5,294

DEPRECIATION

At 1 July 2013

1,022

Charge for year

1,034

At 30 June 2014

2,056

NET BOOK VALUE

At 30 June 2014

3,238

At 30 June 2013

3,574

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

10

Ordinary

£10

100

100