Stephen Firmin Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07576478

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Stephen Firmin Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr S Firmin

SECRETARY:

Thompson Smith & Puxon (Secretarial Services) Limited

REGISTERED OFFICE:

C/O Thomson Smith & Puxon

Stable 6

Stable Road

Colchester

Essex

CO2 7GL

REGISTERED NUMBER:

07576478

ACCOUNTANTS:

Franklin Underwood

1 Pinnacle Way

Pride Park

Derby

Derbyshire

DE24 8ZS

CURRENT ASSETS

Debtors

115,131

26,364

Cash at bank

252

13,479

115,383

39,843

CREDITORS

Amounts falling due within one year

59,577

16,917

NET CURRENT ASSETS

55,806

22,926

TOTAL ASSETS LESS CURRENT LIABILITIES

55,806

22,926

CAPITAL AND RESERVES

Called up share capital

2

1

1

Profit and loss account

55,805

22,925

SHAREHOLDERS' FUNDS

55,806

22,926

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 11 September 2015 and were signed by:

Mr S Firmin - 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 the company's share of the profits of the partnership Thompson, Smith & Puxon Solicitors.

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.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Share capital 1

£1

1

1

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2014 and

31 December 2013:

2014

2013

£

£

Mr S Firmin

Balance outstanding at start of year

26,364

37,596

Amounts advanced

70,766

43,016

Amounts repaid

(131,763

)

(54,248

)

Balance outstanding at end of year

(34,633

)

26,364

Interest has been charged on the overdrawn director's loan account at the HM Revenue & Customs official rate

of interest applicable during the year, being 4%/3.25%. The total amount of interest paid in the year was £73.