Michael Robb (Accountancy & Taxation Ser - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC235377 (Scotland)

Abbreviated Accounts for the Year Ended 30 September 2014

for

Michael Robb (Accountancy & Taxation

Services) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr M Robb

Ms E Thomson

SECRETARY:

REGISTERED OFFICE:

7 Ythan Terrace

Ellon

Scotland

ABERDEENSHIRE

AB41 9LJ

REGISTERED NUMBER:

SC235377 (Scotland)

ACCOUNTANTS:

J M Taylor

5 Rubislaw Terrace

ABERDEEN

AB10 1XE

FIXED ASSETS

Tangible assets

2

81,602

90,737

CURRENT ASSETS

Debtors

88,525

91,037

Cash at bank

153,181

110,063

241,706

201,100

CREDITORS

Amounts falling due within one year

80,890

74,591

NET CURRENT ASSETS

160,816

126,509

TOTAL ASSETS LESS CURRENT LIABILITIES

242,418

217,246

CREDITORS

Amounts falling due after more than one year

28,000

28,000

NET ASSETS

214,418

189,246

CAPITAL AND RESERVES

Called up share capital

3

8

8

Profit and loss account

214,410

189,238

SHAREHOLDERS' FUNDS

214,418

189,246

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 22 January 2015 and were signed on its behalf by:

Mr M Robb - 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Improvements to property

-

2% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

141,393

Additions

1,351

Disposals

(15,240

)

At 30 September 2014

127,504

DEPRECIATION

At 1 October 2013

50,656

Charge for year

4,051

Eliminated on disposal

(8,805

)

At 30 September 2014

45,902

NET BOOK VALUE

At 30 September 2014

81,602

At 30 September 2013

90,737

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

8

Ordinary

1

8

8