Ascott Wealth Management Limited - Limited company - abbreviated - 11.6

Ascott Wealth Management Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 08318735 (England and Wales)















ASCOTT WEALTH MANAGEMENT LIMITED

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015






ASCOTT WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 08318735)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

ASCOTT WEALTH MANAGEMENT LIMITED

Company Information
for the Year Ended 31 March 2015







DIRECTORS: L M Ascott
Mrs D J Ascott





REGISTERED OFFICE: 59 - 61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX





REGISTERED NUMBER: 08318735 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

ASCOTT WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 08318735)

Abbreviated Balance Sheet
31 March 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 347 693

CURRENT ASSETS
Cash at bank 18,303 14,960

CREDITORS
Amounts falling due within one year 18,129 15,318
NET CURRENT ASSETS/(LIABILITIES) 174 (358 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

521

335

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 421 235
SHAREHOLDERS' FUNDS 521 335

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 8 September 2015 and were signed on its behalf
by:





L M Ascott - Director


ASCOTT WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 08318735)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2015

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.

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 April 2014
and 31 March 2015 1,040
DEPRECIATION
At 1 April 2014 347
Charge for year 346
At 31 March 2015 693
NET BOOK VALUE
At 31 March 2015 347
At 31 March 2014 693

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100