Abbreviated Company Accounts - WHITE LABEL FINANCIAL SERVICES LIMITED

WALDEN CAPITAL LIMITED - Company Information

06458084 WHITE LABEL FINANCIAL SERVICES LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 06458084 2013-01-01 2013-12-31 06458084 2013-12-31 06458084 2012-12-31 06458084 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 06458084 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 06458084

WHITE LABEL FINANCIAL SERVICES LIMITED

Abbreviated Accounts

31 December 2013

WHITE LABEL FINANCIAL SERVICES LIMITED Registered Number 06458084

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	2,752	1,242
		2,752	1,242
Current assets
Debtors		63,688	201,241
Cash at bank and in hand		26,449	20
		90,137	201,261
Creditors: amounts falling due within one year		(14,794)	(142,950)
Net current assets (liabilities)		75,343	58,311
Total assets less current liabilities		78,095	59,553
Total net assets (liabilities)		78,095	59,553
Capital and reserves
Called up share capital	3	100	100
Share premium account		158,000	59,990
Profit and loss account		(80,005)	(537)
Shareholders' funds		78,095	59,553

For the year ending 31 December 2013 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 30 September 2014

And signed on their behalf by:
Mr S J Stirling, Director

WHITE LABEL FINANCIAL SERVICES LIMITED Registered Number 06458084

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for services net of trade discounts.

Tangible assets depreciation policy
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 33.33% straight line
Fixtures, fittings & equipment 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2013	7,904
Additions	2,776
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	10,680
Depreciation
At 1 January 2013	6,662
Charge for the year	1,266
On disposals	-
At 31 December 2013	7,928
Net book values
At 31 December 2013	2,752
At 31 December 2012	1,242

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100