Abbreviated Company Accounts - INDEPENDENT PORTFOLIO MANAGEMENT LIMITED

INDEPENDENT PORTFOLIO MANAGEMENT LIMITED - Company Information

04997835 INDEPENDENT PORTFOLIO MANAGEMENT LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 04997835 2015-04-01 2016-03-31 04997835 2016-03-31 04997835 2015-03-31 04997835 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04997835 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2016-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 iso4217:GBP shares

Registered Number 04997835

INDEPENDENT PORTFOLIO MANAGEMENT LIMITED

Abbreviated Accounts

31 March 2016

INDEPENDENT PORTFOLIO MANAGEMENT LIMITED Registered Number 04997835

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1	1
		1	1
Current assets
Debtors		10,793	13,748
		10,793	13,748
Creditors: amounts falling due within one year		(11,559)	(13,534)
Net current assets (liabilities)		(766)	214
Total assets less current liabilities		(765)	215
Total net assets (liabilities)		(765)	215
Capital and reserves
Called up share capital	3	200	200
Profit and loss account		(965)	15
Shareholders' funds		(765)	215

For the year ending 31 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 30 December 2016

And signed on their behalf by:
J Sayer, Director

INDEPENDENT PORTFOLIO MANAGEMENT LIMITED Registered Number 04997835

Notes to the Abbreviated Accounts for the period ended 31 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 April 2008.

Turnover policy
Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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

Plant & machinery etc. - 33% on cost

2Tangible fixed assets

	£
Cost
At 1 April 2015	3,960
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	3,960
Depreciation
At 1 April 2015	3,959
Charge for the year	-
On disposals	-
At 31 March 2016	3,959
Net book values
At 31 March 2016	1
At 31 March 2015	1

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

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

4Transactions with directors

Name of director receiving advance or credit:	J Sayer
Description of the transaction:	Directors loan
Balance at 1 April 2015:	£ 13,748
Advances or credits made:	-
Advances or credits repaid:	£ 3,200
Balance at 31 March 2016:	£ 10,548