EAMONN CASSIDY WEALTH MANAGEMENT LTD - Abbreviated accounts 16.1

REGISTERED NUMBER: 06072514 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

EAMONN CASSIDY WEALTH MANAGEMENT LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

E Cassidy

REGISTERED OFFICE:

67 Uppingham Road

Leicester

Leicestershire

LE5 3TB

REGISTERED NUMBER:

06072514 (England and Wales)

ACCOUNTANTS:

Sterling

Chartered Certified Accountants

67 Uppingham Road

Leicester

Leicestershire

LE5 3TB

FIXED ASSETS

Tangible assets

2

14,850

14,044

CURRENT ASSETS

Debtors

136,751

127,040

Cash at bank

82,544

62,142

219,295

189,182

CREDITORS

Amounts falling due within one year

38,815

42,638

NET CURRENT ASSETS

180,480

146,544

TOTAL ASSETS LESS CURRENT
LIABILITIES

195,330

160,588

PROVISIONS FOR LIABILITIES

2,970

2,809

NET ASSETS

192,360

157,779

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

192,358

157,777

SHAREHOLDERS' FUNDS

192,360

157,779

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 December 2016 and were signed by:

E Cassidy - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme

are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

20,305

Additions

4,519

At 31 March 2016

24,824

DEPRECIATION

At 1 April 2015

6,261

Charge for year

3,713

At 31 March 2016

9,974

NET BOOK VALUE

At 31 March 2016

14,850

At 31 March 2015

14,044

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

Ordinary

1

2

4.	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:

31.3.16

31.3.15

£

E Cassidy

Balance outstanding at start of year

91,304

77,800

Amounts advanced

2,274

13,504

Amounts repaid

-

Balance outstanding at end of year

93,578

91,304