Abbreviated Company Accounts - 1 ARCHITECTS LTD

SC362440 1 ARCHITECTS LTD 2015-07-31 false 2014-08-01 2015-07-31 true SC362440 2014-08-01 2015-07-31 SC362440 2015-07-31 SC362440 2014-07-31 SC362440 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 SC362440 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number SC362440

1 ARCHITECTS LTD

Abbreviated Accounts

31 July 2015

1 ARCHITECTS LTD Registered Number SC362440

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	120,117	125,602
		120,117	125,602
Current assets
Debtors		195,748	244,686
Cash at bank and in hand		329	2,202
		196,077	246,888
Creditors: amounts falling due within one year		(589,685)	(623,263)
Net current assets (liabilities)		(393,608)	(376,375)
Total assets less current liabilities		(273,491)	(250,773)
Creditors: amounts falling due after more than one year		-	(29,100)
Total net assets (liabilities)		(273,491)	(279,873)
Capital and reserves
Called up share capital	3	10	10
Profit and loss account		(273,501)	(279,883)
Shareholders' funds		(273,491)	(279,873)

For the year ending 31 July 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 April 2016

And signed on their behalf by:
Ian Sutherland Mccook, Director

1 ARCHITECTS LTD Registered Number SC362440

Notes to the Abbreviated Accounts for the period ended 31 July 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently, except as otherwise stated.

Turnover policy
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Motor Vehicles - 25% Reducing Balance

Other accounting policies
Going Concern
Whilst liabilities exceed assets the directors have indicated their intention to continue to support the company for the foreseeable future and therefore consider that the going concern policy is appropriate.

2Tangible fixed assets

	£
Cost
At 1 August 2014	128,072
Additions	-
Disposals	(5,000)
Revaluations	-
Transfers	-
At 31 July 2015	123,072
Depreciation
At 1 August 2014	2,470
Charge for the year	485
On disposals	-
At 31 July 2015	2,955
Net book values
At 31 July 2015	120,117
At 31 July 2014	125,602

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
10 Ordinary shares of £1 each	10	10