Right Financial Planning LTD

Right Financial Planning LTD

RIGHT FINANCIAL PLANNING LTD - Company Information

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Registered number: 08605085
Right Financial Planning LTD
Abbreviated accounts
For the Period 10 July 2013 to 31 July 2014
RS Medical Accountancy

41 Diamond Ridge
Barlaston
Staffordshire
ST12 9DS
Right Financial Planning LTD
Company No. 08605085
Abbreviated Balance Sheet 31 July 2014
Abbreviated Balance Sheet
Period to 31 July 2014
Notes £ £
FIXED ASSETS
Tangible assets 2 16,838
16,838
CURRENT ASSETS
Cash at bank and in hand 23,818
23,818
Creditors: Amounts Falling Due Within One Year (37,500)
NET CURRENT ASSETS (LIABILITIES) (13,682)
TOTAL ASSETS LESS CURRENT LIABILITIES 3,156
NET ASSETS 3,156
Profit and Loss account 3,156
SHAREHOLDERS' FUNDS 3,156
For the period ending 31 July 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
On behalf of the board
Mr Majad Khan
12th February 2015
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Right Financial Planning LTD
Notes to the Abbreviated Accounts
For the Period 10 July 2013 to 31 July 2014
Notes to the Abbreviated Accounts
Accounting Policies
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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 the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 18%
Fixtures & Fittings 20%
Computer Equipment 33%
Tangible Assets
Total
Cost £
As at 10 July 2013 -
Additions 20,716
As at 31 July 2014 20,716
Depreciation
As at 10 July 2013 -
Provided during the period 3,878
As at 31 July 2014 3,878
Net Book Value
As at 31 July 2014 16,838
As at 10 July 2013 -
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