Abbreviated Company Accounts - SPECTRUM ADVISORY LTD

Abbreviated Company Accounts - SPECTRUM ADVISORY LTD


Registered Number 06887762

SPECTRUM ADVISORY LTD

Abbreviated Accounts

31 October 2015

SPECTRUM ADVISORY LTD Registered Number 06887762

Abbreviated Balance Sheet as at 31 October 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 41 621
41 621
Current assets
Debtors - 12,961
Cash at bank and in hand 219,434 236,872
219,434 249,833
Creditors: amounts falling due within one year (7,086) (15,491)
Net current assets (liabilities) 212,348 234,342
Total assets less current liabilities 212,389 234,963
Total net assets (liabilities) 212,389 234,963
Capital and reserves
Called up share capital 100 100
Profit and loss account 212,289 234,863
Shareholders' funds 212,389 234,963
  • For the year ending 31 October 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 13 June 2016

And signed on their behalf by:
N Joshi, Director

SPECTRUM ADVISORY LTD Registered Number 06887762

Notes to the Abbreviated Accounts for the period ended 31 October 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 amounts receivable net of VAT and trade discounts

Tangible assets depreciation policy
25% straight line

2Tangible fixed assets
£
Cost
At 1 November 2014 2,320
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2015 2,320
Depreciation
At 1 November 2014 1,699
Charge for the year 580
On disposals -
At 31 October 2015 2,279
Net book values
At 31 October 2015 41
At 31 October 2014 621