Abbreviated Company Accounts - ERIC WATSON FINANCIAL SOLUTIONS LIMITED

ERIC WATSON FINANCIAL SOLUTIONS LIMITED - Company Information

SC433490 ERIC WATSON FINANCIAL SOLUTIONS LIMITED 2014-09-30 false 2013-10-01 2014-09-30 true SC433490 2013-10-01 2014-09-30 SC433490 2014-09-30 SC433490 2013-09-30 SC433490 uk-gaap-cd-bus:Director1 2013-10-01 2014-09-30 SC433490 uk-gaap-cd-bus:Director2 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-30 iso4217:GBP shares

Registered Number SC433490

ERIC WATSON FINANCIAL SOLUTIONS LIMITED

Abbreviated Accounts

30 September 2014

ERIC WATSON FINANCIAL SOLUTIONS LIMITED Registered Number SC433490

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,446	1,345
		1,446	1,345
Current assets
Cash at bank and in hand		4,841	3,181
		4,841	3,181
Creditors: amounts falling due within one year		(5,866)	(4,191)
Net current assets (liabilities)		(1,025)	(1,010)
Total assets less current liabilities		421	335
Provisions for liabilities		(289)	(269)
Total net assets (liabilities)		132	66
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		130	64
Shareholders' funds		132	66

For the year ending 30 September 2014 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 5 February 2015

And signed on their behalf by:
Eric Watson, Director

ERIC WATSON FINANCIAL SOLUTIONS LIMITED Registered Number SC433490

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
turnover represents net invoiced sales of services, excluding value added tax.

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

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed by the balance sheet date. Deferred tax is not recognised when assets are revalued unless, by the balance sheet date, the company has entered into a binding agreement to sell the assets and recognised the gains and losses expected to arise on sale or where assets have been sold and it is expected that the taxable gain will be rolled over into a replacement asset.

2Tangible fixed assets

	£
Cost
At 1 October 2013	1,793
Additions	788
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	2,581
Depreciation
At 1 October 2013	448
Charge for the year	687
On disposals	-
At 30 September 2014	1,135
Net book values
At 30 September 2014	1,446
At 30 September 2013	1,345

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

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2