Capital Financial Partners Limited - Abbreviated accounts

Capital Financial Partners Limited - Abbreviated accounts


Registered number
SC379882
Capital Financial Partners Limited
Abbreviated Accounts
30 June 2016
Capital Financial Partners Limited
Registered number: SC379882
Abbreviated Balance Sheet
as at 30 June 2016
Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 12,500 15,000
Current assets
Cash at bank and in hand 28,303 17,601
Creditors: amounts falling due within one year (11,812) (3,634)
Net Current Assets 16,491 13,967
Total assets less current liabilities 28,991 28,967
Creditors: amounts falling due after more than one year (5,000) (5,000)
Net Assets 23,991 23,967
Capital and reserves
Called up share capital 4 1 1
Profit and loss account 23,990 23,966
Shareholders' funds 23,991 23,967
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
C Mennim
Director
Approved by the board on 5 August 2016
Capital Financial Partners Limited
Notes to the Abbreviated Accounts
for the year ended 30 June 2016
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% straight line
2 Intangible fixed assets £
Cost
At 1 July 2015 25,000
At 30 June 2016 25,000
Amortisation
At 1 July 2015 10,000
At 30 June 2016 12,500
Net book value
At 30 June 2016 12,500
At 30 June 2015 15,000
3 Tangible fixed assets £
Cost
At 1 July 2015 641
At 30 June 2016 641
Depreciation
At 1 July 2015 641
At 30 June 2016 641
Net book value
At 30 June 2016 -
4 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 1 1 1
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