Ascent FD Philip Poyner Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08339825 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 21 December 2012 to 31 March 2014

for

Ascent Fd Philip Poyner Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P G Poyner

REGISTERED OFFICE:

12 Creek End

Emsworth

Hampshire

PO10 7EX

REGISTERED NUMBER:

08339825 (England and Wales)

ACCOUNTANTS:

Poolemead Accountants Limited

39 Chapel Road

West End

Southampton

Hampshire

SO30 3FG

FIXED ASSETS

Tangible assets

2

2,426

CURRENT ASSETS

Debtors

14,942

Cash at bank

2,894

17,836

CREDITORS

Amounts falling due within one year

10,734

NET CURRENT ASSETS

7,102

TOTAL ASSETS LESS CURRENT LIABILITIES

9,528

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

9,527

SHAREHOLDERS' FUNDS

9,528

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 30 June 2014 and were signed by:

P G Poyner - 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 April 2008).

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.

Computer Equipment: 33% straight line basis.

Depreciation is charged in the year of purchase but not in the year of disposal.

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

2,530

At 31 March 2014

2,530

DEPRECIATION

Charge for period

104

At 31 March 2014

104

NET BOOK VALUE

At 31 March 2014

2,426

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

1

1