HODGE BAKSHI FINANCIAL SERVICES LIMITED - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04233677 (England and Wales)

HODGE BAKSHI FINANCIAL SERVICES LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P S BAKSHI

P NEWTON

P HARRINGTON

SECRETARY:

P NEWTON

REGISTERED OFFICE:

Churchgate House

3, Church Road

Whitchurch

Cardiff

CF14 2DX

REGISTERED NUMBER:

04233677 (England and Wales)

ACCOUNTANTS:

HODGE BAKSHI

CHARTERED ACCOUNTANTS

CHURCHGATE HOUSE

CHURCH ROAD

CARDIFF

CF14 2DX

FIXED ASSETS

Tangible assets

2

589

113

CURRENT ASSETS

Debtors

8,026

3,232

Investments

112

112

Cash at bank

74,427

108,190

82,565

111,534

CREDITORS

Amounts falling due within one year

28,716

32,539

NET CURRENT ASSETS

53,849

78,995

TOTAL ASSETS LESS CURRENT LIABILITIES

54,438

79,108

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

53,438

78,108

SHAREHOLDERS' FUNDS

54,438

79,108

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 16 July 2014 and were signed on its behalf by:

P HARRINGTON - 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 is derived from commissions and fees received net of refunds and indemnity liability. The

Company is not registered for 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.

Fixtures and fittings

-

20% on reducing balance

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

2,731

Additions

580

At 30 June 2014

3,311

DEPRECIATION

At 1 July 2013

2,618

Charge for year

104

At 30 June 2014

2,722

NET BOOK VALUE

At 30 June 2014

589

At 30 June 2013

113

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,000

Ordinary

£1

1,000

1,000