ACCOUNTS - Final Accounts preparation


03504574 ATF CONSULTING LIMITED 2013-03-01 2014-02-28 false true 2014-02-28 03504574 2013-03-01 2014-02-28 03504574 2014-02-28 03504574 2013-02-28 03504574 c:OrdinaryShareClass1 2014-02-28 03504574 c:OrdinaryShareClass1 2013-02-28 03504574 c:OrdinaryShareClass1 2013-03-01 2014-02-28 03504574 c:Director1 2013-03-01 2014-02-28 03504574 d:ComputerEquipment 2013-03-01 2014-02-28 03504574 d:OfficeEquipment 2013-03-01 2014-02-28 xbrli:shares iso4217:GBP
Registered number: 03504574










ATF CONSULTING LIMITED

UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2014

 
ATF CONSULTING LIMITED
REGISTERED NUMBER: 03504574

ABBREVIATED BALANCE SHEET
AS AT 28 FEBRUARY 2014

2014
2013
Note
£
£
£
£
 
FIXED ASSETS





 
Tangible assets
 
2
1,144
776
 
CURRENT ASSETS





 
Debtors
10,230
12,147

 
Cash at bank

209,224
168,859







 
219,454
181,006
 
CREDITORS: amounts falling due within one year
(23,939)
(8,320)
 
NET CURRENT ASSETS


195,515

172,686
 
NET ASSETS
 196,659

 173,462
  
CAPITAL AND RESERVES

 
Called up share capital
3
100
100
 
Profit and loss account
196,559
173,362
 
SHAREHOLDERS' FUNDS
 

 196,659

 173,462


The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 28 February 2014 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 25 November 2014.




A T Francis
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
ATF CONSULTING LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2014

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

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).

1.2
Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

1.3
Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation.  Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment
-
25% straight line
Computer equipment
-
25% straight line

1.4
Deferred taxation

Full provision is made for deferred tax assets and liabilities arising from all timing differences between the recognition of gains and losses in the financial statements and recognition in the tax computation.

A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences are expected to reverse.

Deferred tax assets and liabilities are not discounted.

1.5
Pensions

The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.

Page 2

 
ATF CONSULTING LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2014

2.TANGIBLE FIXED ASSETS



£


Cost 


At 1 March 2013
40,686

Additions
946


At 28 February 2014

41,632



Depreciation


At 1 March 2013
39,910

Charge for the year
578


At 28 February 2014

40,488




Net book value


At 28 February 2014
 1,144


At 28 February 2013

 776


3.SHARE CAPITAL

        2014
        2013
        £

        £

Allotted, called up and fully paid



100 Ordinary shares of £1 each
 100
 100


4.CONTROLLING PARTY

The company is controlled by Mr A T Francis.

Page 3