Tax Management for Clergy Limited - Limited company - abbreviated - 11.6

Tax Management for Clergy Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 04351803 (England and Wales)















Tax Management for Clergy Limited

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014






Tax Management for Clergy Limited (Registered number: 04351803)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2014




Page

Company Information 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

Tax Management for Clergy Limited

Company Information
for the Year Ended 31 March 2014







Directors: Mrs M Moreton
M J Bowler
C A J Moreton
D L Foston





Secretary: C A J Moreton





Registered office: Stanton House
31 Westgate
Grantham
Lincolnshire
NG31 6LX





Registered number: 04351803 (England and Wales)





Accountants: Rupert King & Company Limited
Stanton House
31 Westgate
Grantham
Lincolnshire
NG31 6LX

Tax Management for Clergy Limited (Registered number: 04351803)

Abbreviated Balance Sheet
31 March 2014

2014 2013
Notes £    £    £    £   
Fixed assets
Intangible assets 2 2,251 3,002
Tangible assets 3 26,649 22,542
28,900 25,544

Current assets
Debtors 18,015 23,297
Cash at bank and in hand 113,168 95,562
131,183 118,859
Creditors
Amounts falling due within one year 69,787 66,484
Net current assets 61,396 52,375
Total assets less current liabilities 90,296 77,919

Provisions for liabilities 3,953 2,829
Net assets 86,343 75,090

Capital and reserves
Called up share capital 4 100 100
Profit and loss account 86,243 74,990
Shareholders' funds 86,343 75,090

Tax Management for Clergy Limited (Registered number: 04351803)

Abbreviated Balance Sheet - continued
31 March 2014


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 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 21 October 2014 and were signed on
its behalf by:





Mrs M Moreton - Director


Tax Management for Clergy Limited (Registered number: 04351803)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2014

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

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

Plant and machinery etc - 33% on reducing balance and 15% 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. Intangible fixed assets
Total
£   
Cost
At 1 April 2013
and 31 March 2014 7,503
Amortisation
At 1 April 2013 4,501
Amortisation for year 751
At 31 March 2014 5,252
Net book value

At 31 March 2014 2,251
At 31 March 2013 3,002

Tax Management for Clergy Limited (Registered number: 04351803)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2014

3. Tangible fixed assets
Total
£   
Cost
At 1 April 2013 62,660
Additions 14,784
Disposals (4,643 )
At 31 March 2014 72,801
Depreciation
At 1 April 2013 40,118
Charge for year 9,219
Eliminated on disposal (3,185 )
At 31 March 2014 46,152
Net book value
At 31 March 2014 26,649
At 31 March 2013 22,542

4. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1.00 100 100