Abbreviated Company Accounts - FINANCIAL SOLUTIONS (EURO) LIMITED

FINANCIAL SOLUTIONS (EURO) LIMITED - Company Information

04330903 FINANCIAL SOLUTIONS (EURO) LIMITED 2014-11-30 false 2013-12-01 2014-11-30 true 04330903 2013-12-01 2014-11-30 04330903 2014-11-30 04330903 2013-11-30 04330903 uk-gaap-cd-bus:Director1 2013-12-01 2014-11-30 04330903 uk-gaap-cd-bus:Director2 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 iso4217:GBP shares

Registered Number 04330903

FINANCIAL SOLUTIONS (EURO) LIMITED

Abbreviated Accounts

30 November 2014

FINANCIAL SOLUTIONS (EURO) LIMITED Registered Number 04330903

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,825	3,766
		2,825	3,766
Current assets
Stocks		12,500	12,500
Debtors		72,520	68,925
Cash at bank and in hand		7,056	420
		92,076	81,845
Creditors: amounts falling due within one year		(46,717)	(40,357)
Net current assets (liabilities)		45,359	41,488
Total assets less current liabilities		48,184	45,254
Creditors: amounts falling due after more than one year		(39,585)	(39,585)
Accruals and deferred income		(1,250)	(500)
Total net assets (liabilities)		7,349	5,169
Capital and reserves
Called up share capital	3	25,750	25,750
Profit and loss account		(18,401)	(20,581)
Shareholders' funds		7,349	5,169

For the year ending 30 November 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 28 August 2015

And signed on their behalf by:
Markos T Markou, Director

FINANCIAL SOLUTIONS (EURO) LIMITED Registered Number 04330903

Notes to the Abbreviated Accounts for the period ended 30 November 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 services supplied by the company during the year, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write the assets down to their residual value at the end of their anticipated useful life. The rates used are as follows:
Computer software 25% on net book value
Office equipment 25% on net book value

2Tangible fixed assets

	£
Cost
At 1 December 2013	27,643
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	27,643
Depreciation
At 1 December 2013	23,877
Charge for the year	941
On disposals	-
At 30 November 2014	24,818
Net book values
At 30 November 2014	2,825
At 30 November 2013	3,766

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
25,750 Ordinary shares of £1 each	25,750	25,750

The controlling party is Markos T Markou by virtue of his ownership of 100% of the issued ordinary share capital of the company.