The Account Planning Group Limited - Period Ending 2013-12-31

THE ACCOUNT PLANNING GROUP LIMITED - Company Information

Registration number: 08266609

The Account Planning Group Limited

(A company limited by guarantee)

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2013

Antrams
Accountants
44-46 Old Steine
Brighton
East Sussex
BN1 1NH

The Account Planning Group Limited
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
The Account Planning Group Limited
for the Year Ended 31 December 2013

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Account Planning Group Limited for the year ended 31 December 2013 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of The Account Planning Group Limited, as a body, in accordance with the terms of our engagement letterdated 16 June 2014. Our work has been undertaken solely to prepare for your approval the accounts of The Account Planning Group Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Account Planning Group Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that The Account Planning Group Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Account Planning Group Limited. You consider that The Account Planning Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of The Account Planning Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Antrams
Accountants
44-46 Old Steine
Brighton
East Sussex
BN1 1NH

5 August 2014

Page 1

The Account Planning Group Limited
(Registration number: 08266609)
Abbreviated Balance Sheet at 31 December 2013

	Note	2013 £
Current assets
Stocks		21,190
Debtors		60,310
Cash at bank and in hand		169,613
		251,113
Creditors: Amounts falling due within one year		(52,990)
Net assets		198,123
Reserves
Other reserves		116,471
Profit and loss account		81,652
		198,123

For the year ending 31 December 2013 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 5 August 2014 and signed on its behalf by:

.........................................
Ms Tracey Follows
Director

.........................................
Ms Sarah Newman
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

The Account Planning Group Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued

1	Accounting policies

Basis of preparation

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).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of and provision of goods and services to members.

Depreciation

Tangible fixed assets are stated at cost less deprecaition. 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:

Asset class	Depreciation method and rate
Office equipment	25% straight line
Computer equipment	50% straight line

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

2	Fixed assets

	Tangible assets £	Total £
Cost
Additions	2,875	2,875
Disposals	(2,149)	(2,149)
At 31 December 2013	726	726
Depreciation
Charge for the year	2,134	2,134
Eliminated on disposals	(1,408)	(1,408)
At 31 December 2013	726	726
Net book value
At 31 December 2013	-	-

Page 3

The Account Planning Group Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued

3	Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

Page 4