E.T.T.S. Financial Consultancy Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07584820 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

E.T.T.S. FINANCIAL CONSULTANCY LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

E Stevenson

REGISTERED OFFICE:

1st Floor

The Crown

London Road

Westerham

Kent

TN16 1DJ

REGISTERED NUMBER:

07584820 (England and Wales)

ACCOUNTANTS:

Robsons Accountants

19 Montpelier Avenue

Bexley

Kent

DA5 3AP

FIXED ASSETS

Intangible assets

2

499,731

581,879

CURRENT ASSETS

Debtors

28,116

16,050

Cash at bank

1,735

5,184

29,851

21,234

CREDITORS

Amounts falling due within one year

(53,631

)

(41,230

)

NET CURRENT LIABILITIES

(23,780

)

(19,996

)

TOTAL ASSETS LESS CURRENT LIABILITIES

475,951

561,883

CREDITORS

Amounts falling due after more than one year

3

(441,543

)

(561,189

)

NET ASSETS

34,408

694

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

34,308

594

SHAREHOLDERS' FUNDS

34,408

694

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 6 November 2015 and were signed by:

E Stevenson - 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 net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

821,475

AMORTISATION

At 1 April 2014

239,596

Amortisation for year

82,148

At 31 March 2015

321,744

NET BOOK VALUE

At 31 March 2015

499,731

At 31 March 2014

581,879

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

2015

2014

£

£

Repayable by instalments

10,104

10,634

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

ordinary

£1

100

100