AKL Financial Management Ltd - Limited company - abbreviated

REGISTERED NUMBER: SC357259 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2015

for

AKL Financial Management Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A Livingstone

REGISTERED OFFICE:

26 Loch Drive

Helensburgh

G84 8PY

REGISTERED NUMBER:

SC357259 (Scotland)

ACCOUNTANTS:

Hammond & Company

69 Sinclair Street

Helensburgh

Argyll

G84 8TG

FIXED ASSETS

Tangible assets

2

2,683

372

CURRENT ASSETS

Cash at bank

39,192

54,240

CREDITORS

Amounts falling due within one year

8,582

12,664

NET CURRENT ASSETS

30,610

41,576

TOTAL ASSETS LESS CURRENT
LIABILITIES

33,293

41,948

CAPITAL AND RESERVES

Called up share capital

3

10

Profit and loss account

33,283

41,938

SHAREHOLDERS' FUNDS

33,293

41,948

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 12 June 2015 and were signed by:

A Livingstone - 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

33% on reducing balance and 25% on reducing balance

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

830

Additions

3,779

At 30 April 2015

4,609

DEPRECIATION

At 1 May 2014

458

Charge for year

1,468

At 30 April 2015

1,926

NET BOOK VALUE

At 30 April 2015

2,683

At 30 April 2014

372

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

10

Ordinary

£1

10

AKL Financial Management Ltd - Limited company - abbreviated - 11.6

AKL Financial Management Ltd - Limited company - abbreviated - 11.6