OMEGA_FINANCIAL_MANAGEMEN - Accounts

OMEGA FINANCIAL MANAGEMENT LIMITED - Company Information

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Company Registration No. 04839651 (England and Wales)

OMEGA FINANCIAL MANAGEMENT LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

Registered Office

86 Jermyn Street

137173-BX-2013

St. James

London, SW1Y 6AW

England

OMEGA FINANCIAL MANAGEMENT LTD

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2013

- 1 -

2013

2012

Notes

€

Current assets

Debtors

22,304

25,754

Cash at bank and in hand

790

22,310

26,544

Creditors: amounts falling due within one year

(2,565)

(2,656)

Total assets less current liabilities

19,745

23,888

Capital and reserves

Called up share capital

Profit and loss account

19,742

23,885

Shareholders' funds

19,745

23,888

For the financial year ended 31 December 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Director's responsibilities:

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

The director acknowledges his 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 and authorised for issue on 20 August 2014

T. Lane

Director

Company Registration No. 04839651

OMEGA FINANCIAL MANAGEMENT LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis. This is considered appropriate as the ultimate beneficial shareholders will continue to provide financial support to the company for the foreseeable future.

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

1.2

Changes in accounting policies

1.3

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).

1.4

Turnover

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

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

1.6

Foreign currency translation

The company's accounting records are maintained in Euros.

Transactions in other currencies are converted at the rate ruling at the date of the transaction. Monetary assets and liabilities are converted at the rate of exchange ruling at the balance sheet date. Any material gains or losses resulting from the conversion are taken to the profit and loss account.

Share capital

2013

2012

€

Allotted, called up and fully paid

Ordinary Shares

The issued shares represent 2 ordinary shares with a par value of £1 each.