Abbreviated Company Accounts - PAUL MCGOWAN FINANCIAL SERVICES LTD

Abbreviated Company Accounts - PAUL MCGOWAN FINANCIAL SERVICES LTD

PAUL MCGOWAN FINANCIAL SERVICES LTD - Company Information

Print Friendly Version

Registered Number NI618972

PAUL MCGOWAN FINANCIAL SERVICES LTD

Abbreviated Accounts

30 June 2015

PAUL MCGOWAN FINANCIAL SERVICES LTD Registered Number NI618972

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 85,000 95,000
Tangible assets 3 3,762 749
88,762 95,749
Current assets
Cash at bank and in hand 4,091 5,577
4,091 5,577
Net current assets (liabilities) 4,091 5,577
Total assets less current liabilities 92,853 101,326
Creditors: amounts falling due after more than one year (85,810) (95,335)
Total net assets (liabilities) 7,043 5,991
Capital and reserves
Called up share capital 100 100
Profit and loss account 6,943 5,891
Shareholders' funds 7,043 5,991
  • For the year ending 30 June 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 15 January 2016

And signed on their behalf by:
Paul McGowan, Director

PAUL MCGOWAN FINANCIAL SERVICES LTD Registered Number NI618972

Notes to the Abbreviated Accounts for the period ended 30 June 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.

2Intangible fixed assets
£
Cost
At 1 July 2014 100,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2015 100,000
Amortisation
At 1 July 2014 5,000
Charge for the year 10,000
On disposals -
At 30 June 2015 15,000
Net book values
At 30 June 2015 85,000
At 30 June 2014 95,000
3Tangible fixed assets
£
Cost
At 1 July 2014 890
Additions 3,438
Disposals -
Revaluations -
Transfers -
At 30 June 2015 4,328
Depreciation
At 1 July 2014 141
Charge for the year 425
On disposals -
At 30 June 2015 566
Net book values
At 30 June 2015 3,762
At 30 June 2014 749