Yorkshire Financial Centre Ltd. - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04617511

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

YORKSHIRE FINANCIAL CENTRE LTD.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs L S Lewis

P Lewis

SECRETARY:

P Lewis

REGISTERED OFFICE:

Windsor House

44 High Road

Balby

Doncaster

South Yorkshire

DN4 0PL

REGISTERED NUMBER:

04617511

ACCOUNTANTS:

Lewis's Chartered Certified Accountants

Windsor House

44 High Road

Balby

Doncaster

DN4 0PL

FIXED ASSETS

Tangible assets

2

221

250

Investments

3

150,000

150,000

150,221

150,250

CURRENT ASSETS

Debtors

600

-

Cash at bank

3,819

5,769

4,419

5,769

CREDITORS

Amounts falling due within one year

4

7,748

6,878

NET CURRENT LIABILITIES

(3,329

)

(1,109

)

TOTAL ASSETS LESS CURRENT LIABILITIES

146,892

149,141

CREDITORS

Amounts falling due after more than one year

4

(44,467

)

(51,444

)

PROVISIONS FOR LIABILITIES

(1,440

)

(1,952

)

NET ASSETS

100,985

95,745

CAPITAL AND RESERVES

Called up share capital

5

100

100

Revaluation reserve

50,008

49,496

Profit and loss account

50,877

46,149

SHAREHOLDERS' FUNDS

100,985

95,745

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 15 February 2016 and were signed on its behalf by:

P Lewis - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain

assets 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.

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

-

10% 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 January 2015

and 31 December 2015

817

DEPRECIATION

At 1 January 2015

567

Charge for year

29

At 31 December 2015

596

NET BOOK VALUE

At 31 December 2015

221

At 31 December 2014

250

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST OR VALUATION

At 1 January 2015

and 31 December 2015

150,000

NET BOOK VALUE

At 31 December 2015

150,000

At 31 December 2014

150,000

4.

CREDITORS

Creditors include an amount of £ 50,430 (31.12.14 - £ 56,392 ) for which security has been given.

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

31.12.15

31.12.14

£

£

Repayable by instalments

20,100

28,170

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

100

Ordinary

£1

100

100