Abbreviated Company Accounts - FINANCIAL OPTIONS WEALTH MANAGEMENT LIMITED

Abbreviated Company Accounts - FINANCIAL OPTIONS WEALTH MANAGEMENT LIMITED


Registered Number 07654078

FINANCIAL OPTIONS WEALTH MANAGEMENT LIMITED

Abbreviated Accounts

30 June 2014

FINANCIAL OPTIONS WEALTH MANAGEMENT LIMITED Registered Number 07654078

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Investments 2 160 40
160 40
Current assets
Debtors - 285
Cash at bank and in hand 9,678 9,184
9,678 9,469
Creditors: amounts falling due within one year (16,941) (10,392)
Net current assets (liabilities) (7,263) (923)
Total assets less current liabilities (7,103) (883)
Total net assets (liabilities) (7,103) (883)
Capital and reserves
Called up share capital 3 100 1
Profit and loss account (7,203) (884)
Shareholders' funds (7,103) (883)
  • For the year ending 30 June 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 27 March 2015

And signed on their behalf by:
C.J.Pepper, Director

FINANCIAL OPTIONS WEALTH MANAGEMENT LIMITED Registered Number 07654078

Notes to the Abbreviated Accounts for the period ended 30 June 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 the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

2Fixed assets Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
60 Ordinary A shares of £1 each (1 share for 2013) 60 1
40 Ordinary B shares of £1 each (0 shares for 2013) 40 0