Callisto Wealth Management Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07540572 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

CALLISTO WEALTH MANAGEMENT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

AJ Platt

REGISTERED OFFICE:

161 College Street

St Helens

Merseyside

WA10 1TY

REGISTERED NUMBER:

07540572 (England and Wales)

ACCOUNTANTS:

Mattocks Grindley

Unit 28

Salisbury Street

St Helens

WA10 1FY

FIXED ASSETS

Tangible assets

2

745

26

CURRENT ASSETS

Debtors

30,694

28,663

Cash at bank

21,044

13,863

51,738

42,526

CREDITORS

Amounts falling due within one year

27,419

24,121

NET CURRENT ASSETS

24,319

18,405

TOTAL ASSETS LESS CURRENT LIABILITIES

25,064

18,431

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

24,964

18,331

SHAREHOLDERS' FUNDS

25,064

18,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 8 May 2015 and were signed by:

AJ Platt - 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 commission receivable in respect of work done during the year.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

2,471

Additions

1,110

At 31 March 2015

3,581

DEPRECIATION

At 1 April 2014

2,445

Charge for year

391

At 31 March 2015

2,836

NET BOOK VALUE

At 31 March 2015

745

At 31 March 2014

26

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and

31 March 2014:

31.3.15

31.3.14

£

£

AJ Platt

Balance outstanding at start of year

13,540

14,421

Amounts advanced

103,974

84,999

Amounts repaid

(102,586

)

(85,880

)

Balance outstanding at end of year

14,928

13,540