Abbreviated Company Accounts - FIRST UNION MORTGAGES LIMITED

FIRST UNION MORTGAGES LIMITED - Company Information

03732112 FIRST UNION MORTGAGES LIMITED 2014-08-31 false 2013-09-01 2014-08-31 true 03732112 2013-09-01 2014-08-31 03732112 2014-08-31 03732112 2013-08-31 03732112 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 03732112 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:Director3 2013-09-01 2014-08-31 uk-gaap-cd-bus:Director3 2014-08-31 uk-gaap-cd-bus:Director3 2013-08-31 uk-gaap-cd-bus:Director4 2013-09-01 2014-08-31 uk-gaap-cd-bus:Director4 2014-08-31 uk-gaap-cd-bus:Director4 2013-08-31 iso4217:GBP shares

Registered Number 03732112

FIRST UNION MORTGAGES LIMITED

Abbreviated Accounts

31 August 2014

FIRST UNION MORTGAGES LIMITED Registered Number 03732112

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	10,891	16,235
		10,891	16,235
Current assets
Debtors		143,692	166,843
Cash at bank and in hand		151,883	159,162
		295,575	326,005
Creditors: amounts falling due within one year		(186,000)	(222,889)
Net current assets (liabilities)		109,575	103,116
Total assets less current liabilities		120,466	119,351
Total net assets (liabilities)		120,466	119,351
Capital and reserves
Called up share capital		100	100
Profit and loss account		120,366	119,251
Shareholders' funds		120,466	119,351

For the year ending 31 August 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 15 May 2015

And signed on their behalf by:
Meir Plancey, Director

FIRST UNION MORTGAGES LIMITED Registered Number 03732112

Notes to the Abbreviated Accounts for the period ended 31 August 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.

Tangible assets depreciation policy
Leasehold - 25% straight line
Plant and machinery - 25% - 33% straight line
Fixtures and fittings - 25% - 33% straight line
Computer Equipment - Over 3 years

2Tangible fixed assets

	£
Cost
At 1 September 2013	371,494
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	371,494
Depreciation
At 1 September 2013	355,259
Charge for the year	5,344
On disposals	-
At 31 August 2014	360,603
Net book values
At 31 August 2014	10,891
At 31 August 2013	16,235

3Transactions with directors

Name of director receiving advance or credit:	Mr Meir Plancey
Description of the transaction:	Interest free loan
Balance at 1 September 2013:	£ 26,433
Advances or credits made:	-
Advances or credits repaid:	-
Balance at 31 August 2014:	£ 26,433

Name of director receiving advance or credit:	Adam Best
Description of the transaction:	Interest free loan
Balance at 1 September 2013:	£ 26,433
Advances or credits made:	-
Advances or credits repaid:	-
Balance at 31 August 2014:	£ 26,433