Abbreviated Company Accounts - BRADLEY & HOWE FINANCIAL SERVICES LIMITED

BRADLEY & HOWE FINANCIAL SERVICES LIMITED - Company Information

Registered Number 04806303

BRADLEY & HOWE FINANCIAL SERVICES LIMITED

Abbreviated Accounts

31 August 2014

BRADLEY & HOWE FINANCIAL SERVICES LIMITED Registered Number 04806303

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	1	1
Tangible assets	3	9,257	9,338
		9,258	9,339
Current assets
Debtors		104,501	90,968
Cash at bank and in hand		15,816	62,476
		120,317	153,444
Creditors: amounts falling due within one year		(78,374)	(97,034)
Net current assets (liabilities)		41,943	56,410
Total assets less current liabilities		51,201	65,749
Creditors: amounts falling due after more than one year		(47,976)	(62,937)
Total net assets (liabilities)		3,225	2,812
Capital and reserves
Called up share capital		4	4
Profit and loss account		3,221	2,808
Shareholders' funds		3,225	2,812

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 17 February 2015

And signed on their behalf by:
I. Bradley, Director

BRADLEY & HOWE FINANCIAL SERVICES LIMITED Registered Number 04806303

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.

Turnover policy
Turnover represents the total value of commission earned during the year. Commission earned is recognised as soon as the supporting documentation is submitted to the insurance or pension provider.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over it's expected useful life as follows:
Computer equipment - 33% on a straight line basis.
Fixtures and fittings - 25% on a straight line basis.

Intangible assets amortisation policy
Amortisation on acquired goodwill is written off in equal annual instalments over it's estimated useful economic life of 10 years.

2Intangible fixed assets

	£
Cost
At 1 September 2013	160,800
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	160,800
Amortisation
At 1 September 2013	160,799
Charge for the year	-
On disposals	-
At 31 August 2014	160,799
Net book values
At 31 August 2014	1
At 31 August 2013	1

3Tangible fixed assets

	£
Cost
At 1 September 2013	38,227
Additions	3,780
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	42,007
Depreciation
At 1 September 2013	28,889
Charge for the year	3,861
On disposals	-
At 31 August 2014	32,750
Net book values
At 31 August 2014	9,257
At 31 August 2013	9,338