Audeo Advisors Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08508301 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2016

FOR

AUDEO ADVISORS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr A Tome

REGISTERED OFFICE:

1st Floor

105-111 Euston Street

London

NW1 2EW

REGISTERED NUMBER:

08508301 (England and Wales)

ACCOUNTANTS:

Anthonisz Neville LLP

1st Floor

105-111 Euston Street

London

NW1 2EW

FIXED ASSETS

Tangible assets

2

2,300

3,066

CURRENT ASSETS

Debtors

5,033

14,000

Cash at bank

73,786

55,117

78,819

69,117

CREDITORS

Amounts falling due within one year

49,821

32,500

NET CURRENT ASSETS

28,998

36,617

TOTAL ASSETS LESS CURRENT
LIABILITIES

31,298

39,683

PROVISIONS FOR LIABILITIES

460

613

NET ASSETS

30,838

39,070

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

30,837

39,069

SHAREHOLDERS' FUNDS

30,838

39,070

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 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 11 October 2016 and were signed by:

Mr A Tome - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, 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.

Equipment

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% 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 May 2015

and 30 April 2016

5,452

DEPRECIATION

At 1 May 2015

2,386

Charge for year

766

At 30 April 2016

3,152

NET BOOK VALUE

At 30 April 2016

2,300

At 30 April 2015

3,066

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/4/16

30/4/15

value:

£

1

Ordinary Share capital

1

4.	TRANSACTIONS WITH DIRECTORS

During the period dividends were paid of £158,745 (2015 - £56,184) to the director, Mr A Tome.

5.	CONTROLLING PARTY

The company is controlled by MR A Tome, who owns 100% of the issued share capital of the company.