MARQUIS_FINANCIAL_PLANNIN - Accounts

MARQUIS FINANCIAL PLANNING LTD. - Company Information

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Company Registration No. 03517134 (England and Wales)

MARQUIS FINANCIAL PLANNING LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2014

MARQUIS FINANCIAL PLANNING LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

MARQUIS FINANCIAL PLANNING LTD

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

1,394

1,141

Current assets

Debtors

4,322

Cash at bank and in hand

205

4,527

Creditors: amounts falling due within one year

(27,034)

(34,116)

Net current liabilities

(27,004)

(29,589)

Total assets less current liabilities

(25,610)

(28,448)

Provisions for liabilities

(134,367)

(131,489)

(159,977)

(159,937)

Capital and reserves

Called up share capital

100

Profit and loss account

(160,077)

(160,037)

Shareholders' funds

(159,977)

(159,937)

For the financial year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 29 September 2015

Mr R J Butler

Director

Company Registration No. 03517134

MARQUIS FINANCIAL PLANNING LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence not withstanding that at 31 December 2014 its current liabilities exceeded its current assets by £27,004. The directors believe this basis to be appropriate and have undertaken to provide such funds as may be required from time to time in order for the company to continue in operational existence and meet its other liabilities as they fall due for the foreseeable future.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

33% reducing balance

Fixed assets

Tangible assets

Cost

At 1 January 2014

26,126

Additions

940

At 31 December 2014

27,066

Depreciation

At 1 January 2014

24,985

Charge for the year

687

At 31 December 2014

25,672

Net book value

At 31 December 2014

1,394

At 31 December 2013

1,141

MARQUIS FINANCIAL PLANNING LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2014

- 3 -

Share capital

2014

2013

Allotted, called up and fully paid

10,000 Ordinary of 1p each

100