Property Finance Finder Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC432114 (Scotland)

Property Finance Finder Ltd

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J Davidson

SECRETARY:

J Davidson

REGISTERED OFFICE:

49 Northumberland Street

Edinburgh

EH3 6JJ

REGISTERED NUMBER:

SC432114 (Scotland)

ACCOUNTANTS:

Whitelaw Wells

9 Ainslie Place

Edinburgh

EH3 6AT

BANKERS:

Bank of Scotland

PO Box 17235

Frederick Street

Edinburgh

EH11 1YH

FIXED ASSETS

Intangible assets

2

15,012

-

CURRENT ASSETS

Cash at bank and in hand

1,891

1

CREDITORS

Amounts falling due within one year

54,420

-

NET CURRENT (LIABILITIES)/ASSETS

(52,529

)

1

TOTAL ASSETS LESS CURRENT LIABILITIES

(37,517

)

1

CAPITAL AND RESERVES

Called up share capital

3

2

1

Profit and loss account

(37,519

)

-

SHAREHOLDERS' FUNDS

(37,517

)

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 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 18 June 2015 and were signed by:

J Davidson - 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).

Deferred tax

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

at the balance sheet date where transactions or events have occurred at that date that will result in

an obligation to pay more, or a right to pay less or to receive more, tax.

Deferred tax assets are recognised only to the extent that the directors consider that it is more

likely than not that there will be suitable taxable profits from which the future reversal of the

underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the

periods in which timing differences reverse, based on tax rates and laws enacted or substantively

enacted at the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

29,412

Grants

(14,400

)

At 30 September 2014

15,012

NET BOOK VALUE

At 30 September 2014

15,012

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

200

Ordinary

£0.01

2

1

100 Ordinary shares of £0.01 each were allotted and fully paid for cash at par during the year.

During the year the original share capital of 1 share at a value of £1 was sub-divided into 100 shares

at a value of £0.01 each. A further 100 shares were then issued giving a total share capital of 200

shares at a value of £0.01 each.