One Life Financial Planning Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05471468 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

ONE LIFE FINANCIAL

PLANNING LTD

Page

Company Information

1

Balance Sheet

2

DIRECTORS:

Mr C R Ellis

Mrs J Ellis

SECRETARY:

Mrs J Ellis

REGISTERED OFFICE:

Newton Creek

9 Beech Grove

Porthcawl

Bridgend

CF36 5DP

REGISTERED NUMBER:

05471468 (England and Wales)

ACCOUNTANTS:

Clay Shaw Butler

Chartered Accountants

24 Lammas Street

Carmarthen

Carmarthenshire

SA31 3AL

FIXED ASSETS

16,652

19,580

CURRENT ASSETS

160,415

174,432

CREDITORS

Amounts falling due within one year

(47,014

)

(51,094

)

NET CURRENT ASSETS

113,401

123,338

TOTAL ASSETS LESS CURRENT LIABILITIES

130,053

142,918

CREDITORS

Amounts falling due after more than one year

-

839

NET ASSETS

130,053

142,079

CAPITAL AND RESERVES

130,053

142,079

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 5 (2018 - 6 ) .

2.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2019 and

31 March 2018:

31.3.19

31.3.18

£

£

Mr C R Ellis and Mrs J Ellis

Balance outstanding at start of year

22,652

1,370

Amounts advanced

175,704

198,082

Amounts repaid

(180,627

)

(176,800

)

Balance outstanding at end of year

17,729

22,652

No interest has been charged on this loan.

3.	OTHER FINANCIAL COMMITMENTS

At the year end the company has operating lease commitments totalling £12,174 (2018: £24,225).

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 23 July 2019 and were signed on its behalf by:

Mr C R Ellis - Director