Carter Wealth Management Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08319830 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

CARTER WEALTH MANAGEMENT LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr D J Carter

Mrs S Carter

REGISTERED OFFICE:

c/o David Carter

22 The Calls

Leeds

West Yorkshire

LS2 7EH

REGISTERED NUMBER:

08319830 (England and Wales)

ACCOUNTANTS:

Temporal Lennon & Company Limited

Chartered Accountants

Suite 1A

Realtex House

Leeds Road

Leeds

West Yorkshire

LS19 6AX

FIXED ASSETS

Intangible assets

2

15,334

30,667

CURRENT ASSETS

Debtors

23,864

-

Cash at bank

64

209

23,928

209

CREDITORS

Amounts falling due within one year

38,224

29,745

NET CURRENT LIABILITIES

(14,296

)

(29,536

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,038

1,131

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

1,036

1,129

SHAREHOLDERS' FUNDS

1,038

1,131

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 31 January 2016 and were signed on its behalf by:

Mr D J Carter - 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 2013, is being amortised evenly over its estimated useful life of three 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

46,000

AMORTISATION

At 1 April 2014

15,333

Amortisation for year

15,333

At 31 March 2015

30,666

NET BOOK VALUE

At 31 March 2015

15,334

At 31 March 2014

30,667

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 March 2015 and the period

ended 31 March 2014:

31.3.15

31.3.14

£

£

Mr D J Carter and Mrs S Carter

Balance outstanding at start of year

-

-

Amounts advanced

57,055

-

Amounts repaid

(33,191

)

-

Balance outstanding at end of year

23,864

-