Abbreviated Company Accounts - THE ARGUMENT LIMITED

THE ARGUMENT LIMITED - Company Information

09855158 THE ARGUMENT LIMITED 2016-11-30 false 2015-11-03 2016-11-30 true 09855158 2015-11-03 2016-11-30 09855158 2016-11-30 09855158 uk-gaap-cd-bus:Director1 2015-11-03 2016-11-30 09855158 uk-gaap-cd-bus:Director2 2015-11-03 2016-11-30 uk-gaap-cd-bus:Director3 2015-11-03 2016-11-30 uk-gaap-cd-bus:Director3 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-03 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-11-30 iso4217:GBP shares

Registered Number 09855158

THE ARGUMENT LIMITED

Abbreviated Accounts

30 November 2016

THE ARGUMENT LIMITED Registered Number 09855158

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016
		£
Current assets
Debtors	2	50
Cash at bank and in hand		12,750
		12,800
Creditors: amounts falling due within one year		(15,310)
Net current assets (liabilities)		(2,510)
Total assets less current liabilities		(2,510)
Total net assets (liabilities)		(2,510)
Capital and reserves
Called up share capital	3	100
Profit and loss account		(2,610)
Shareholders' funds		(2,510)

For the year ending 30 November 2016 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 3 August 2017

And signed on their behalf by:
P Kyle, Director

THE ARGUMENT LIMITED Registered Number 09855158

Notes to the Abbreviated Accounts for the period ended 30 November 2016

1Accounting Policies

Basis of measurement and preparation of accounts
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Other accounting policies
The financial statements have been prepared on a going concern basis notwithstanding the companies net liabilities position. The director's are confident that with their continued support the company can continue for the foreseeable future.

2Debtors

	2016 £
Debtors include the following amounts due after more than one year	0

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

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

	2016 £
100 Ordinary shares of £1 each	100

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash
or other resources received or receivable, net of the direct costs of issuing the equity instruments. If
payment is deferred and the time value of money is material, the initial measurement is on a present
value basis.

4Transactions with directors

Name of director receiving advance or credit:	P Kyle
Description of the transaction:	Loan
Balance at 3 November 2015:	-
Advances or credits made:	£ 50
Advances or credits repaid:	-
Balance at 30 November 2016:	£ 50

During the year the director P Kyle was provided with a loan. The loan was interest free, unsecured and repayable on demand.