Accounts filed on 31-05-2016

---

			Company registration number:08800475
		INTERIM WEALTH MANAGEMENT LIMITED
			ABBREVIATED FINANCIAL STATEMENTS
			FOR THE YEAR ENDED 31 May 2016

---

INTERIM WEALTH MANAGEMENT LIMITED
BALANCE SHEET
AS AT 31 May 2016
			2016
		Notes	£		£
FIXED ASSETS
Intangible assets		2			9,758
Tangible assets		3			4,542
					14,300
CURRENT ASSETS
Debtors			41,277
Cash at bank and in hand			19,818
			61,095
CREDITORS
Amounts falling due within one year			(56,037)
NET CURRENT ASSETS					5,058
TOTAL ASSETS LESS
CURRENT LIABILITIES					19,358
Creditors falling due after one year					(0)
NET ASSETS					19,358
CAPITAL AND RESERVES
Called-up equity share capital		4			1
Profit and loss account					19,357
SHAREHOLDERS FUNDS					19,358
For the year ending 31 May 2016 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 the accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
..........................................................................
A E Waltham
29 November 2016
The annexed notes form part of these financial statements.

---

INTERIM WEALTH MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2016

1.

Accounting policies

Basis of preparing the financial statements

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover comprises the value of services supplied by the company. Revenue is recognised on the basis of the degree of completion of the services provided.

Intangible assets

Goodwill is the difference between the amount paid on the acquisition of a business and the aggregate fair value of its separable net assets. Goodwill is being written off in equal annual instalments over its estimated economic life of five years.

Fixed assets

Tangible assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery - 25% per annum of cost

Pension scheme

The company contributes to defined contribution pension schemes. The pension costs charged in the financial statements represent the contributions payable by the company during the year.

2.	Intangible fixed assets
				Total
	Cost
	Additions			12,198
	At end of period			12,198
	Amortisation
	Provided during the period			2,440
	At end of period			2,440
	Net Book Values
	At end of period			9,758

3.	Tangible fixed assets
				Total
	Cost
	Additions			3,147
	At end of period			6,424
	Depreciation
	Provided during the period			1,439
	At end of period			1,882
	Net Book Value
	At end of period			4,542

4.	Share capital				Allotted, issued and fully paid
					2016
					£
	Ordinary shares of £1				1
	Total issued share capital				1
5.	Ultimate controlling party
	The company is controlled by Continuum Wealth Limited, the ultimate parent company.