Abbreviated Company Accounts - THE FINANCIAL ADVICE SERVICE LIMITED

THE FINANCIAL ADVICE SERVICE LIMITED - Company Information

09076401 THE FINANCIAL ADVICE SERVICE LIMITED 2015-06-30 false 2014-06-09 2015-06-30 true 09076401 2014-06-09 2015-06-30 09076401 2015-06-30 09076401 uk-gaap-cd-bus:Director1 2014-06-09 2015-06-30 09076401 uk-gaap-cd-bus:Director2 2014-06-09 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-09 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-06-09 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-06-30 iso4217:GBP shares

Registered Number 09076401

THE FINANCIAL ADVICE SERVICE LIMITED

Abbreviated Accounts

30 June 2015

THE FINANCIAL ADVICE SERVICE LIMITED Registered Number 09076401

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015
		£
Fixed assets
Tangible assets	2	21,453
		21,453
Current assets
Debtors		16,911
Cash at bank and in hand		116,573
		133,484
Creditors: amounts falling due within one year		(216,481)
Net current assets (liabilities)		(82,997)
Total assets less current liabilities		(61,544)
Total net assets (liabilities)		(61,544)
Capital and reserves
Called up share capital	3	716
Share premium account		29,976
Profit and loss account		(92,236)
Shareholders' funds		(61,544)

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 7 March 2016

And signed on their behalf by:
G D Bell, Director

THE FINANCIAL ADVICE SERVICE LIMITED Registered Number 09076401

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.

Tangible assets depreciation policy
Depreciation is provided to write off each asset over its estimated useful life.
Plant & Machinery - Straight line over 3 years

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
Additions	25,529
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	25,529
Depreciation
Charge for the year	4,076
On disposals	-
At 30 June 2015	4,076
Net book values
At 30 June 2015	21,453

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
70,000 A Ordinary shares of £0.01 each	700
1,581 B Ordinary shares of £0.01 each	16

POST BALANCE SHEET EVENTS

On 30 October 2015 200,000 preference shares were redeemed at par and a further £200,000 of ordinary shares were allotted.