Abbreviated Company Accounts - AMALGAMATED FINANCE LIMITED

AMALGAMATED FINANCE LIMITED - Company Information

06505360 AMALGAMATED FINANCE LIMITED 2016-03-28 false 2015-03-29 2016-03-28 true 06505360 2015-03-29 2016-03-28 06505360 2016-03-28 06505360 2015-03-28 06505360 uk-gaap-cd-bus:Director1 2015-03-29 2016-03-28 06505360 uk-gaap-cd-bus:Director2 2015-03-29 2016-03-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-29 2016-03-28 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-28 iso4217:GBP shares

Registered Number 06505360

AMALGAMATED FINANCE LIMITED

Abbreviated Accounts

28 March 2016

AMALGAMATED FINANCE LIMITED Registered Number 06505360

Abbreviated Balance Sheet as at 28 March 2016

	Notes	2016	2015
		£	£
Current assets
Debtors		655,222	679,540
		655,222	679,540
Creditors: amounts falling due within one year		(655,122)	(679,440)
Net current assets (liabilities)		100	100
Total assets less current liabilities		100	100
Total net assets (liabilities)		100	100
Capital and reserves
Called up share capital	2	100	100
Shareholders' funds		100	100

For the year ending 28 March 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 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 21 December 2016

And signed on their behalf by:
Mr S L R Solomons, Director

AMALGAMATED FINANCE LIMITED Registered Number 06505360

Notes to the Abbreviated Accounts for the period ended 28 March 2016

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 January 2015.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Other accounting policies
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100