Abbreviated Company Accounts - ROSEMOUNT INDEPENDENT FINANCIAL ADVISERS LIMITED

Abbreviated Company Accounts - ROSEMOUNT INDEPENDENT FINANCIAL ADVISERS LIMITED

ROSEMOUNT INDEPENDENT FINANCIAL ADVISERS LIMITED - Company Information

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Registered Number 07248271

ROSEMOUNT INDEPENDENT FINANCIAL ADVISERS LIMITED

Abbreviated Accounts

30 June 2015

ROSEMOUNT INDEPENDENT FINANCIAL ADVISERS LIMITED Registered Number 07248271

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 15,409 20,545
15,409 20,545
Current assets
Debtors 25,110 16,506
Cash at bank and in hand 179,174 214,344
204,284 230,850
Creditors: amounts falling due within one year (60,876) (126,304)
Net current assets (liabilities) 143,408 104,546
Total assets less current liabilities 158,817 125,091
Total net assets (liabilities) 158,817 125,091
Capital and reserves
Called up share capital 20,000 20,000
Profit and loss account 138,817 105,091
Shareholders' funds 158,817 125,091
  • 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 8 February 2016

And signed on their behalf by:
A Arthur, Director

ROSEMOUNT INDEPENDENT FINANCIAL ADVISERS LIMITED Registered Number 07248271

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.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Plant and machinery 25% Reducing balance
Fixtures fittings and equipment - 25% Reducing balance

2Tangible fixed assets
£
Cost
At 1 July 2014 40,977
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2015 40,977
Depreciation
At 1 July 2014 20,432
Charge for the year 5,136
On disposals -
At 30 June 2015 25,568
Net book values
At 30 June 2015 15,409
At 30 June 2014 20,545