Anderson Financial Planning Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07152568 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 31 December 2015

for

Anderson Financial Planning Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R P Fice

B Searle

SECRETARY:

R P Fice

REGISTERED OFFICE:

117 North Hill

Plymouth

Devon

PL4 8JY

REGISTERED NUMBER:

07152568 (England and Wales)

ACCOUNTANTS:

Bromhead

Harscombe House

1 Darklake View

Plymouth

Devon

PL6 7TL

FIXED ASSETS

Intangible assets

2

15,000

16,000

Tangible assets

3

993

892

15,993

16,892

CURRENT ASSETS

Debtors

1,613

1,362

Cash at bank and in hand

66,357

47,830

67,970

49,192

CREDITORS

Amounts falling due within one year

36,554

21,742

NET CURRENT ASSETS

31,416

27,450

TOTAL ASSETS LESS CURRENT
LIABILITIES

47,409

44,342

PROVISIONS FOR LIABILITIES

199

179

NET ASSETS

47,210

44,163

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

47,208

44,161

SHAREHOLDERS' FUNDS

47,210

44,163

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 24 March 2016 and were signed on its behalf by:

R P Fice - Director

B Searle - 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 January 2015).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents commissions and fees earned during the year.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

20,000

AMORTISATION

At 1 January 2015

4,000

Amortisation for year

1,000

At 31 December 2015

5,000

NET BOOK VALUE

At 31 December 2015

15,000

At 31 December 2014

16,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

1,803

Additions

432

At 31 December 2015

2,235

DEPRECIATION

At 1 January 2015

911

Charge for year

331

At 31 December 2015

1,242

NET BOOK VALUE

At 31 December 2015

993

At 31 December 2014

892

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

1

Ordinary 'A'

£1

1

Ordinary 'B'

£1

1

2