Next Step Financial Solutions Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 05652115

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2016

for

Next Step Financial Solutions Ltd

Page

Company Information

1

Abbreviated Statement of Financial Position

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

G Fuller

SECRETARY:

Peter Hodgson & Co

REGISTERED OFFICE:

Shadwell House

65 Lower Green Road

Rusthall

Tunbridge Wells

Kent

TN4 8TW

BUSINESS ADDRESS:

22 St Mary's Lane

Speldhurst

Tunbridge Wells

Kent

TN3 0PR

REGISTERED NUMBER:

05652115

ACCOUNTANTS:

Peter Hodgson & Co

Shadwell House

65 Lower Green Road

Tunbridge Wells

Kent

TN4 8TW

CURRENT ASSETS

Debtors

187

583

Cash at bank

873

467

1,060

1,050

CREDITORS

Amounts falling due within one year

960

950

NET CURRENT ASSETS

100

TOTAL ASSETS LESS CURRENT
LIABILITIES

100

CAPITAL AND RESERVES

Called up share capital

2

100

SHAREHOLDERS' FUNDS

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 24 January 2017 and were signed by:

G Fuller - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with 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.

Financial reporting standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemption in preparing these financial statements, as

permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

•

the requirements of Section 7 Statement of Cash Flows.

Significant judgements and estimates

There are no significant judgements or estimates pertaining to these accounts.

Turnover

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

tax and other sales taxes.

Deferred tax

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

financial position date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100

3.	FINANCIAL INSTRUMENTS

Financial instruments are disclosed at fair market value.

4.	FUNCTIONAL CURRENCY

The functional currency of the company is £ Sterling.

5.	CONTROLLING PARTY

The company is controlled by the directors who own 100% of the share capital.