Edgecumbe Securities Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00564677

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2014

FOR

EDGECUMBE SECURITIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J K Lewis

Mrs E K Muggridge

SECRETARY:

Mrs E K Muggridge

REGISTERED OFFICE:

Southfield House

2 Southfield Road

Westbury on Trym

BRISTOL

BS9 3BH

REGISTERED NUMBER:

00564677

ACCOUNTANTS:

Goldwyns (Bristol) Limited

Chartered Accountants

9 Portland Square

BRISTOL

BS2 8ST

FIXED ASSETS

Tangible assets

2

753

327

CURRENT ASSETS

Debtors

1,494,256

1,439,442

Cash at bank

869,809

257,923

2,364,065

1,697,365

CREDITORS

Amounts falling due within one year

81,386

462,292

NET CURRENT ASSETS

2,282,679

1,235,073

TOTAL ASSETS LESS CURRENT LIABILITIES

2,283,432

1,235,400

CAPITAL AND RESERVES

Called up share capital

3

211,411

111,411

Share premium

1,080,000

180,000

Profit and loss account

992,021

943,989

SHAREHOLDERS' FUNDS

2,283,432

1,235,400

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 2nd February 2015 and were signed on its behalf by:

J K Lewis - 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 April 2008).

Turnover

Turnover represents interest receivable from the provision of hire purchase and finance facilities and property

management fees. Interest is calculated on a monthly basis and invoiced annually. Property management fees are

invoiced six monthly.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st July 2013

3,400

Additions

853

Disposals

(2,943

)

At 30th June 2014

1,310

DEPRECIATION

At 1st July 2013

3,073

Charge for year

133

Eliminated on disposal

(2,649

)

At 30th June 2014

557

NET BOOK VALUE

At 30th June 2014

753

At 30th June 2013

327

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

194,411

Ordinary

£1

194,411

94,411

(2013 - 94,411 )

12,000

10%

Preference

£1

12,000

12,000

5,000

Ordinary A

£1

5,000

5,000

211,411

111,411

100,000 Ordinary shares of £1 each were allotted as fully paid at a premium of £9 per share during the year.