Abbreviated Company Accounts - YATES FINANCIAL PLANNING LTD

YATES FINANCIAL PLANNING LTD - Company Information

Registered Number 03653019

YATES FINANCIAL PLANNING LTD

Abbreviated Accounts

31 December 2015

YATES FINANCIAL PLANNING LTD Registered Number 03653019

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	577	-
		577	-
Current assets
Debtors		-	309,739
Cash at bank and in hand		20,878	70,580
		20,878	380,319
Creditors: amounts falling due within one year		(10,852)	(13,705)
Net current assets (liabilities)		10,026	366,614
Total assets less current liabilities		10,603	366,614
Total net assets (liabilities)		10,603	366,614
Capital and reserves
Called up share capital		10,000	10,000
Profit and loss account		603	356,614
Shareholders' funds		10,603	366,614

For the year ending 31 December 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 19 September 2016

And signed on their behalf by:
Mr D S Williamson, Director

YATES FINANCIAL PLANNING LTD Registered Number 03653019

Notes to the Abbreviated Accounts for the period ended 31 December 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 amounts receivable for goods and services net of VAT and trade discounts.

2Tangible fixed assets

	£
Cost
At 1 January 2015	0
Additions	767
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	767
Depreciation
At 1 January 2015	0
Charge for the year	190
On disposals	-
At 31 December 2015	190
Net book values
At 31 December 2015	577
At 31 December 2014	0

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

Computer equipment 33% on cost.