1st Financial Direction Ltd - Abbreviated accounts

1st Financial Direction Ltd - Abbreviated accounts


Registered number
06503997
1st Financial Direction Ltd
Abbreviated Accounts
31 January 2015
1st Financial Direction Ltd
Registered number: 06503997
Abbreviated Balance Sheet
as at 31 January 2015
Notes 2015 2014
£ £
Creditors: amounts falling due within one year (35,103) (35,103)
Net current liabilities (35,103) (35,103)
Total assets less current liabilities (35,103) (35,103)
Provisions for liabilities (53) (53)
Net liabilities (35,156) (35,156)
Capital and reserves
Called up share capital 2 100 100
Profit and loss account (35,256) (35,256)
Shareholders' funds (35,156) (35,156)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
M. D. Ball
Director
Approved by the board on 27 October 2015
1st Financial Direction Ltd
Notes to the Abbreviated Accounts
for the year ended 31 January 2015
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
2 Share capital Nominal 2015 2015 2014
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
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