Bespoke IFA Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08910980 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2016

for

Bespoke IFA Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D Gould

A B Wyrill

REGISTERED OFFICE:

119 Regent Street

Kingswood

Bristol

BS15 8LJ

REGISTERED NUMBER:

08910980 (England and Wales)

ACCOUNTANT:

Tony Dicker & Co

Chartered Accountants

29 Courtenay Road

Keynsham

Bristol

BS31 1JU

FIXED ASSETS

Tangible assets

2

19,680

10,650

CURRENT ASSETS

Debtors

17,564

16,500

Cash at bank

-

14,225

17,564

30,725

CREDITORS

Amounts falling due within one year

7,400

21,930

NET CURRENT ASSETS

10,164

8,795

TOTAL ASSETS LESS CURRENT
LIABILITIES

29,844

19,445

CAPITAL AND RESERVES

Called up share capital

3

40,000

20,000

Profit and loss account

(10,156

)

(555

)

SHAREHOLDERS' FUNDS

29,844

19,445

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 9 June 2016 and were signed on its behalf by:

D Gould - Director

A B Wyrill - 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

13,000

Additions

12,015

At 30 April 2016

25,015

DEPRECIATION

At 1 May 2015

2,350

Charge for year

2,985

At 30 April 2016

5,335

NET BOOK VALUE

At 30 April 2016

19,680

At 30 April 2015

10,650

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

40,000

Ordinary

£1

40,000

20,000

20,000 Ordinary shares of £1 each were allotted and fully paid for cash at par during the year.