St Johns Financial Consulting Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08369416

Abbreviated Accounts

for the Year Ended 31 January 2016

for

St Johns Financial Consulting Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M E Harvey

Mrs J M Harvey

REGISTERED OFFICE:

Little Baldwins

Baldwins Hill

East Grinstead

West Sussex

RH19 2RZ

REGISTERED NUMBER:

08369416

ACCOUNTANTS:

Lucraft Hodgson & Dawes LLP

Ground Floor

19 New Road

Brighton

East Sussex

BN1 1UF

FIXED ASSETS

Tangible assets

2

660

880

CURRENT ASSETS

Debtors

1,656

-

Cash at bank

1,042

13,154

2,698

13,154

CREDITORS

Amounts falling due within one year

4,127

8,484

NET CURRENT (LIABILITIES)/ASSETS

(1,429

)

4,670

TOTAL ASSETS LESS CURRENT
LIABILITIES

(769

)

5,550

PROVISIONS FOR LIABILITIES

132

-

NET (LIABILITIES)/ASSETS

(901

)

5,550

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(903

)

5,548

SHAREHOLDERS' FUNDS

(901

)

5,550

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 30 June 2016 and were signed on its behalf by:

M E Harvey - Director

Mrs J M Harvey - 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).

Turnover

Turnover represents invoiced sales of services.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment.

Taxation

Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred taxation is accounted for at expected tax rates on all differences arising from the inclusion of items of

income and expenditure in taxation computations in periods different from those in which they are included in the

financial statements. A deferred tax asset is only recognised when it is more likely than not that the asset will be

recoverable in the foreseeable future out of suitable taxable profits from which the underlying timing differences can

be deducted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

and 31 January 2016

1,173

DEPRECIATION

At 1 February 2015

293

Charge for year

220

At 31 January 2016

513

NET BOOK VALUE

At 31 January 2016

660

At 31 January 2015

880

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.16

31.1.15

value:

£

2

Ordinary

£1

2