Abbreviated Company Accounts - PATERSON FINANCIAL PLANNING LTD

PATERSON FINANCIAL PLANNING LTD - Company Information

SC268158 PATERSON FINANCIAL PLANNING LTD 2014-06-30 false 2013-07-01 2014-06-30 true SC268158 2013-07-01 2014-06-30 SC268158 2014-06-30 SC268158 2013-06-30 SC268158 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 SC268158 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number SC268158

PATERSON FINANCIAL PLANNING LTD

Abbreviated Accounts

30 June 2014

PATERSON FINANCIAL PLANNING LTD Registered Number SC268158

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	6,000	9,000
Tangible assets	3	6,203	5,018
		12,203	14,018
Current assets
Debtors		4,109	1,044
Cash at bank and in hand		201,129	115,540
		205,238	116,584
Creditors: amounts falling due within one year		(43,548)	(28,715)
Net current assets (liabilities)		161,690	87,869
Total assets less current liabilities		173,893	101,887
Total net assets (liabilities)		173,893	101,887
Capital and reserves
Called up share capital	4	99	99
Profit and loss account		173,794	101,788
Shareholders' funds		173,893	101,887

For the year ending 30 June 2014 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 23 July 2014

And signed on their behalf by:
D Paterson, Director

PATERSON FINANCIAL PLANNING LTD Registered Number SC268158

Notes to the Abbreviated Accounts for the period ended 30 June 2014

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 total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fittings & Equipment - 25% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 10 years.

2Intangible fixed assets

	£
Cost
At 1 July 2013	30,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	30,000
Amortisation
At 1 July 2013	21,000
Charge for the year	3,000
On disposals	-
At 30 June 2014	24,000
Net book values
At 30 June 2014	6,000
At 30 June 2013	9,000

3Tangible fixed assets

	£
Cost
At 1 July 2013	25,224
Additions	3,252
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	28,476
Depreciation
At 1 July 2013	20,206
Charge for the year	2,067
On disposals	-
At 30 June 2014	22,273
Net book values
At 30 June 2014	6,203
At 30 June 2013	5,018

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
99 Ordinary shares of £1 each	99	99