Abbreviated Company Accounts - ADD WEALTH MANAGEMENT LIMITED

ADD WEALTH MANAGEMENT LIMITED - Company Information

07306825 ADD WEALTH MANAGEMENT LIMITED 2015-01-31 false 2014-02-01 2015-01-31 true 07306825 2014-02-01 2015-01-31 07306825 2015-01-31 07306825 2014-01-31 07306825 uk-gaap-cd-bus:Director1 2014-02-01 2015-01-31 07306825 uk-gaap-cd-bus:Director2 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 iso4217:GBP shares

Registered Number 07306825

ADD WEALTH MANAGEMENT LIMITED

Abbreviated Accounts

31 January 2015

ADD WEALTH MANAGEMENT LIMITED Registered Number 07306825

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,883	2,510
		1,883	2,510
Current assets
Debtors		14,165	1,945
Cash at bank and in hand		7,140	5,682
		21,305	7,627
Creditors: amounts falling due within one year		(20,802)	(9,315)
Net current assets (liabilities)		503	(1,688)
Total assets less current liabilities		2,386	822
Total net assets (liabilities)		2,386	822
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		2,286	722
Shareholders' funds		2,386	822

For the year ending 31 January 2015 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 October 2015

And signed on their behalf by:
D Cooper, Director

ADD WEALTH MANAGEMENT LIMITED Registered Number 07306825

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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 value, net of value added tax and discounts, of services provided to customers.

Tangible assets depreciation policy
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 20% straight line

2Tangible fixed assets

	£
Cost
At 1 February 2014	3,137
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	3,137
Depreciation
At 1 February 2014	627
Charge for the year	627
On disposals	-
At 31 January 2015	1,254
Net book values
At 31 January 2015	1,883
At 31 January 2014	2,510

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100