Caryn March Accountants Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07041784 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Caryn March Accountants Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs Caryn March

Mrs Yvette Carla Clapp

REGISTERED OFFICE:

Landguard Manor

Landguard Manor Road

Shanklin

Isle of Wight

PO37 7JB

REGISTERED NUMBER:

07041784 (England and Wales)

ACCOUNTANTS:

Caryn March Accountants Limited

Landguard Manor

Landguard Manor Road

Shanklin

Isle of Wight

PO37 7JB

BANKERS:

NatWest

Shanklin

Isle of Wight

FIXED ASSETS

Intangible assets

2

33,250

Tangible assets

3

3,368

36,618

CURRENT ASSETS

Debtors

4,818

Cash at bank and in hand

1,443

6,261

CREDITORS

Amounts falling due within one year

21,696

NET CURRENT LIABILITIES

(15,435

)

TOTAL ASSETS LESS CURRENT LIABILITIES

21,183

CREDITORS

Amounts falling due after more than one year

14,041

NET ASSETS

7,142

CAPITAL AND RESERVES

Called up share capital

4

10

Profit and loss account

7,132

SHAREHOLDERS' FUNDS

7,142

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

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

Mrs Yvette Carla Clapp - 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 invoiced sale of services carried out during the period under review, excluding VAT.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Office equipment

-

20% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

35,000

At 31 March 2015

35,000

AMORTISATION

Amortisation for year

1,750

At 31 March 2015

1,750

NET BOOK VALUE

At 31 March 2015

33,250

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

4,211

At 31 March 2015

4,211

DEPRECIATION

Charge for year

843

At 31 March 2015

843

NET BOOK VALUE

At 31 March 2015

3,368

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

10

Ordinary

£1

10

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 March 2015:

£

Mrs Caryn March

Balance outstanding at start of year

-

Amounts advanced

14,143

Amounts repaid

(29,000

)

Balance outstanding at end of year

(14,857

)

Mrs Yvette Carla Clapp

Balance outstanding at start of year

-

Amounts repaid

(156

)

Balance outstanding at end of year

(156

)