Kingstons Wealth Management Limited - Abbreviated accounts 16.3

Kingstons Wealth Management Limited - Abbreviated accounts 16.3

KINGSTONS WEALTH MANAGEMENT LIMITED - Company Information

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REGISTERED NUMBER: 09705742 (England and Wales)















Abbreviated Unaudited Accounts

for the Period 28 July 2015 to 31 July 2016

for

Kingstons Wealth Management Limited

Kingstons Wealth Management Limited (Registered number: 09705742)






Contents of the Abbreviated Accounts
for the Period 28 July 2015 to 31 July 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Kingstons Wealth Management Limited

Company Information
for the Period 28 July 2015 to 31 July 2016







DIRECTORS: Ms J P Clements
Miss D C Hering
P R Kingston





REGISTERED OFFICE: Broom House
39/43 London Road
Hadleigh
Benfleet
Essex
SS7 2QL





REGISTERED NUMBER: 09705742 (England and Wales)





ACCOUNTANTS: Brooms
Brooms Professional Services Limited
Chartered Certified Accountants
Broom House
39/43 London Road
Hadleigh, Benfleet
Essex
SS7 2QL
Page 1
Kingstons Wealth Management Limited (Registered number: 09705742)

Abbreviated Balance Sheet
31 July 2016

Notes £    £   
FIXED ASSETS
Tangible assets 2 1,131

CURRENT ASSETS
Stocks 29,511
Debtors 64
Cash at bank 19,373
48,948
CREDITORS
Amounts falling due within one year 9,680
NET CURRENT ASSETS 39,268
TOTAL ASSETS LESS CURRENT
LIABILITIES
40,399

CREDITORS
Amounts falling due after more than one
year
25,000
NET ASSETS 15,399

CAPITAL AND RESERVES
Called up share capital 3 100
Profit and loss account 15,299
SHAREHOLDERS' FUNDS 15,399

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these abbreviated accounts

Page 2 continued...
Kingstons Wealth Management Limited (Registered number: 09705742)

Abbreviated Balance Sheet - continued
31 July 2016


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 Board of Directors on 9 September 2016 and were signed on its behalf
by:




Miss D C Hering - Director



Ms J P Clements - Director


The notes form part of these abbreviated accounts

Page 3
Kingstons Wealth Management Limited (Registered number: 09705742)

Notes to the Abbreviated Accounts
for the Period 28 July 2015 to 31 July 2016

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.

Fixtures and fittings - 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

2. TANGIBLE FIXED ASSETS
Total
£   
COST
Additions 1,150
At 31 July 2016 1,150
DEPRECIATION
Charge for period 19
At 31 July 2016 19
NET BOOK VALUE
At 31 July 2016 1,131

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary 1 100

Page 4