Abbreviated Company Accounts - KEY FINANCIAL ADVICE LIMITED

KEY FINANCIAL ADVICE LIMITED - Company Information

06685914 KEY FINANCIAL ADVICE LIMITED 2013-09-30 false 2012-10-01 2013-09-30 true 06685914 2012-10-01 2013-09-30 06685914 2013-09-30 06685914 2012-09-30 06685914 uk-gaap-cd-bus:Director1 2012-10-01 2013-09-30 06685914 uk-gaap-cd-bus:Director2 2012-10-01 2013-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-01 2013-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2012-10-01 2013-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2013-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2012-09-30 iso4217:GBP shares

Registered Number 06685914

KEY FINANCIAL ADVICE LIMITED

Abbreviated Accounts

30 September 2013

KEY FINANCIAL ADVICE LIMITED Registered Number 06685914

Abbreviated Balance Sheet as at 30 September 2013

	Notes	2013	2012
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	188	339
		188	339
Current assets
Debtors		8,900	2,172
Cash at bank and in hand		3,381	9,883
		12,281	12,055
Creditors: amounts falling due within one year		(12,337)	(11,195)
Net current assets (liabilities)		(56)	860
Total assets less current liabilities		132	1,199
Total net assets (liabilities)		132	1,199
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		32	1,099
Shareholders' funds		132	1,199

For the year ending 30 September 2013 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 17 September 2014

And signed on their behalf by:
Christopher Ireson, Director

KEY FINANCIAL ADVICE LIMITED Registered Number 06685914

Notes to the Abbreviated Accounts for the period ended 30 September 2013

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures and Fittings - 25% on the reducing balance

2Tangible fixed assets

	£
Cost
At 1 October 2012	603
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2013	603
Depreciation
At 1 October 2012	264
Charge for the year	151
On disposals	-
At 30 September 2013	415
Net book values
At 30 September 2013	188
At 30 September 2012	339

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100
100 Ordinary shares of £1 each	100	100