Campbell Alexander Financial Management - Accounts to registrar - small 16.3d

REGISTERED NUMBER: SC419347 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2016

for

CAMPBELL ALEXANDER FINANCIAL MANAGEMENT

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTOR:

D G Campbell

REGISTERED OFFICE:

29 Brandon Street

Hamilton

ML3 6DA

REGISTERED NUMBER:

SC419347 (Scotland)

ACCOUNTANTS:

Sharles CA

29 Brandon Street

Hamilton

South Lanarkshire

ML3 6DA

FIXED ASSETS

Intangible assets

4

19,500

22,750

CURRENT ASSETS

Debtors

5

60,196

13,121

Cash at bank

2,044

5,266

62,240

18,387

CREDITORS

Amounts falling due within one year

6

81,170

39,800

NET CURRENT LIABILITIES

(18,930

)

(21,413

)

TOTAL ASSETS LESS CURRENT LIABILITIES

570

1,337

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

470

1,237

SHAREHOLDERS' FUNDS

570

1,337

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 22 December 2016 and were signed by:

D G Campbell - Director

1.	STATUTORY INFORMATION

Campbell Alexander Financial Management Limited is a private company, limited by shares , registered in

Scotland. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover and revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Turnover is derived from financial management services.

Turnover is measured at the fair value of financial services, net of discounts and excluding value added tax, and

is recognised at the point that the company obtains the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Taxation

The company's liability for current tax is calculated using the tax rates that were enacted during the reporting

period.

Deferred tax is recognised at current tax rates in respect of all timing differences between the carrying amounts

of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of

taxable profit. A deferred tax asset is only recognised to the extent that future taxable profits are expected to

reverse the underlying timing difference. Deferred tax balances are not discounted.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2015

and 31 March 2016

32,500

AMORTISATION

At 1 April 2015

9,750

Charge for year

3,250

At 31 March 2016

13,000

NET BOOK VALUE

At 31 March 2016

19,500

At 31 March 2015

22,750

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other debtors

60,196

13,121

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Taxation and social security

72,012

38,600

Other creditors

9,158

1,200

81,170

39,800

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2016 and

31 March 2015:

2016

2015

£

£

D G Campbell

Balance outstanding at start of year

13,121

(586

)

Amounts advanced

174,628

131,707

Amounts repaid

(128,000

)

(118,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

59,749

13,121

The following reproduces the text of the report prepared for the director and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Campbell Alexander Financial Management Limited for the year ended 31 March 2016 which

comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance.

This report is made solely to the director of Campbell Alexander Financial Management Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Campbell Alexander Financial Management Limited and state those matters that we have agreed to state to the director of Campbell Alexander Financial Management Limited in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Campbell Alexander Financial Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Campbell Alexander Financial Management Limited. You consider that Campbell Alexander Financial Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Campbell Alexander Financial Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sharles CA

29 Brandon Street

Hamilton

South Lanarkshire

ML3 6DA

22 December 2016