Target Planning Financial Services Ltd - Limited company - abbreviated - 11.0.0

Target Planning Financial Services Ltd - Limited company - abbreviated - 11.0.0

TARGET PLANNING FINANCIAL SERVICES LIMITED - Company Information

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07145495 1.3.13 28.2.14 28.2.14 Company accounts Private Limited Company FY true false true false true false false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure071454952013-02-28071454952014-02-28071454952013-03-012014-02-28071454952012-02-28071454952012-02-292013-02-28071454952013-02-2807145495ns12:England2013-03-012014-02-2807145495ns14:PoundSterling2013-03-012014-02-2807145495ns7:Director12013-03-012014-02-2807145495ns7:OrdinaryShareClass12013-03-012014-02-2807145495ns7:Director22013-03-012014-02-2807145495ns7:RegisteredOffice2013-03-012014-02-2807145495ns7:EntityAccountantsOrAuditors2013-03-012014-02-2807145495ns5:NetGoodwill2013-03-012014-02-2807145495ns5:FixturesFittings2013-03-012014-02-2807145495ns5:ComputerEquipment2013-03-012014-02-2807145495ns5:FixedAssetInvestmentsOtherThanLoans2014-02-2807145495ns7:OrdinaryShareClass12014-02-2807145495ns7:OrdinaryShareClass12013-02-28
REGISTERED NUMBER: 07145495 (England and Wales)




ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2014

FOR

TARGET PLANNING FINANCIAL SERVICES
LIMITED

TARGET PLANNING FINANCIAL SERVICES
LIMITED (REGISTERED NUMBER: 07145495)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2014




Page

Company Information 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

TARGET PLANNING FINANCIAL SERVICES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2014







DIRECTORS: Mr M Bell
Mrs R E Bell





REGISTERED OFFICE: Priory House
2 Priory Road
Dudley
West Midlands
DY1 1HH





REGISTERED NUMBER: 07145495 (England and Wales)





ACCOUNTANTS: Poole Waterfield Limited
Priory House
2 Priory Road
Dudley
West Midlands
DY1 1HH
1
TARGET PLANNING FINANCIAL SERVICES
LIMITED (REGISTERED NUMBER: 07145495)

ABBREVIATED BALANCE SHEET
28 FEBRUARY 2014

28.2.14 28.2.13
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 256,667 280,000
Tangible assets 3 1,637 982
Investments 4 30,000 -
288,304 280,982

CURRENT ASSETS
Debtors 21,876 20,281
Cash at bank 19,654 6,037
41,530 26,318
CREDITORS
Amounts falling due within one year 60,630 109,130
NET CURRENT LIABILITIES (19,100 ) (82,812 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
269,204
198,170

PROVISIONS FOR LIABILITIES 220 65
NET ASSETS 268,984 198,105

CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and loss account 268,884 198,005
SHAREHOLDERS' FUNDS 268,984 198,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 notes form part of these abbreviated accounts

2
TARGET PLANNING FINANCIAL SERVICES
LIMITED (REGISTERED NUMBER: 07145495)

ABBREVIATED BALANCE SHEET - continued
28 FEBRUARY 2014


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 31 July 2014 and were signed on its
behalf by:





Mr M Bell - Director


The notes form part of these abbreviated accounts

3
TARGET PLANNING FINANCIAL SERVICES
LIMITED (REGISTERED NUMBER: 07145495)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 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 commissions receivable.

Goodwill
Goodwill is being amortised in equal instalments over a period of 15 years, which the directors
consider to be its useful economic life.

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

Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which they
relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2013
and 28 February 2014 350,000
AMORTISATION
At 1 March 2013 70,000
Amortisation for year 23,333
At 28 February 2014 93,333
NET BOOK VALUE

At 28 February 2014 256,667
At 28 February 2013 280,000

4
TARGET PLANNING FINANCIAL SERVICES
LIMITED (REGISTERED NUMBER: 07145495)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2013 2,978
Additions 1,626
At 28 February 2014 4,604
DEPRECIATION
At 1 March 2013 1,996
Charge for year 971
At 28 February 2014 2,967
NET BOOK VALUE
At 28 February 2014 1,637
At 28 February 2013 982

4. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
Additions 30,000
At 28 February 2014 30,000
NET BOOK VALUE
At 28 February 2014 30,000

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.14 28.2.13
value: £    £   
100 Ordinary £1 100 100

5