HODGE BAKSHI FINANCIAL SERVICES LIMITED - Limited company - abbreviated

REGISTERED NUMBER: 04233677 (England and Wales)

HODGE BAKSHI FINANCIAL SERVICES LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P S BAKSHI

P HARRINGTON

REGISTERED OFFICE:

Churchgate House

3, Church Road

Whitchurch

Cardiff

CF14 2DX

REGISTERED NUMBER:

04233677 (England and Wales)

ACCOUNTANTS:

HODGE BAKSHI

CHARTERED ACCOUNTANTS

CHURCHGATE HOUSE

CHURCH ROAD

CARDIFF

CF14 2DX

FIXED ASSETS

Tangible assets

2

501

589

CURRENT ASSETS

Debtors

7,912

8,026

Investments

112

Cash at bank

58,105

74,427

66,129

82,565

CREDITORS

Amounts falling due within one year

30,984

28,716

NET CURRENT ASSETS

35,145

53,849

TOTAL ASSETS LESS CURRENT
LIABILITIES

35,646

54,438

CAPITAL AND RESERVES

Called up share capital

3

736

1,000

Capital redemption reserve

264

-

Profit and loss account

34,646

53,438

SHAREHOLDERS' FUNDS

35,646

54,438

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 8 September 2015 and were signed on
its behalf by:

P HARRINGTON - 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 is derived from commissions and fees received net of refunds and indemnity liability. The

Company is not registered for Value Added Tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

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

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

3,311

DEPRECIATION

At 1 July 2014

2,722

Charge for year

88

At 30 June 2015

2,810

NET BOOK VALUE

At 30 June 2015

501

At 30 June 2014

589

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

736

Ordinary

£1

736

1,000

(2014 - 1,000 )

During the year the company acquired 264 ordinary £1 shares of its own share capital for £30,150.

This amount was paid from reserves.

HODGE BAKSHI FINANCIAL SERVICES LIMITED - Limited company - abbreviated - 11.9

HODGE BAKSHI FINANCIAL SERVICES LIMITED - Limited company - abbreviated - 11.9