T W Financial Planning Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04398439 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

T W Financial Planning Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R L Thompson

D Wright

CP Devey

S D Maddocks

REGISTERED OFFICE:

Ebenezer House

Ryecroft

Newcastle under Lyme

Staffordshire

ST5 2BE

REGISTERED NUMBER:

04398439 (England and Wales)

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

436

525

436

525

CURRENT ASSETS

Debtors

316,801

253,666

Cash at bank and in hand

44,204

101,067

361,005

354,733

CREDITORS

Amounts falling due within one year

119,852

100,588

NET CURRENT ASSETS

241,153

254,145

TOTAL ASSETS LESS CURRENT LIABILITIES

241,589

254,670

CAPITAL AND RESERVES

Called up share capital

4

6,201

8,201

Capital redemption reserve

3,800

1,800

Profit and loss account

231,588

244,669

SHAREHOLDERS' FUNDS

241,589

254,670

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 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 4 December 2015 and were signed on its behalf by:

D Wright - 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 2004, is being amortised evenly over its estimated useful life of ten years.

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

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

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

balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

252,000

AMORTISATION

At 1 April 2014

and 31 March 2015

252,000

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

3,628

DEPRECIATION

At 1 April 2014

3,103

Charge for year

89

At 31 March 2015

3,192

NET BOOK VALUE

At 31 March 2015

436

At 31 March 2014

525

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

8,200

Ordinary

£1

6,200

8,200

1

Ordinary "B"

1

1

1

6,201

8,201