Abbreviated Company Accounts - OLIVER SMITH FINANCIAL MANAGEMENT LIMITED

Abbreviated Company Accounts - OLIVER SMITH FINANCIAL MANAGEMENT LIMITED

OLIVER SMITH FINANCIAL MANAGEMENT LIMITED - Company Information

Print Friendly Version

Registered Number 08776682

OLIVER SMITH FINANCIAL MANAGEMENT LIMITED

Abbreviated Accounts

30 November 2015

OLIVER SMITH FINANCIAL MANAGEMENT LIMITED Registered Number 08776682

Abbreviated Balance Sheet as at 30 November 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 3,840 -
3,840 -
Current assets
Cash at bank and in hand 130,339 95,700
130,339 95,700
Creditors: amounts falling due within one year (41,557) (47,106)
Net current assets (liabilities) 88,782 48,594
Total assets less current liabilities 92,622 48,594
Total net assets (liabilities) 92,622 48,594
Capital and reserves
Called up share capital 2 2
Profit and loss account 92,620 48,592
Shareholders' funds 92,622 48,594
  • For the year ending 30 November 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 5 May 2016

And signed on their behalf by:
O Smith, Director

OLIVER SMITH FINANCIAL MANAGEMENT LIMITED Registered Number 08776682

Notes to the Abbreviated Accounts for the period ended 30 November 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 value, net of VAT and disconts, of ervices supplied to customers.

Tangible assets depreciation policy
Depreciation is provided at 25% straight line.

2Tangible fixed assets
£
Cost
At 1 December 2014 -
Additions 5,120
Disposals -
Revaluations -
Transfers -
At 30 November 2015 5,120
Depreciation
At 1 December 2014 -
Charge for the year 1,280
On disposals -
At 30 November 2015 1,280
Net book values
At 30 November 2015 3,840
At 30 November 2014 -