C. S. Walton Consulting Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07970216 (England and Wales)

C. S. Walton Consulting Limited

Abbreviated Accounts

For The Year Ended 31 March 2014

Page

Abbreviated Balance Sheet

1

to

2

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

67,754

14,439

CURRENT ASSETS

Debtors

24,879

25,604

Cash at bank

19,234

27,283

44,113

52,887

CREDITORS

Amounts falling due within one year

89,155

73,842

NET CURRENT LIABILITIES

(45,042

)

(20,955

)

TOTAL ASSETS LESS CURRENT LIABILITIES

22,712

(6,516

)

CREDITORS

Amounts falling due after more than one year

(10,197

)

-

PROVISIONS FOR LIABILITIES

(3,393

)

(2,888

)

NET ASSETS/(LIABILITIES)

9,122

(9,404

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

9,022

(9,504

)

SHAREHOLDERS' FUNDS

9,122

(9,404

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 12 September 2014 and were signed by:

C S Walton - 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

20% on 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

17,266

Additions

59,500

At 31 March 2014

76,766

DEPRECIATION

At 1 April 2013

2,827

Charge for year

6,185

At 31 March 2014

9,012

NET BOOK VALUE

At 31 March 2014

67,754

At 31 March 2013

14,439

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100