Trafalgar Risk Management Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03876370

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Trafalgar Risk Management Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

K R J Wheat

T Cramphorn

SECRETARY:

K R J Wheat

REGISTERED OFFICE:

Audit House

260 Field End Road

Eastcote

Middlesex

HA4 9LT

REGISTERED NUMBER:

03876370

FIXED ASSETS

Tangible assets

2

19,746

26,874

CURRENT ASSETS

Debtors

159,349

72,470

Cash at bank and in hand

130,877

139,516

290,226

211,986

CREDITORS

Amounts falling due within one year

230,222

166,787

NET CURRENT ASSETS

60,004

45,199

TOTAL ASSETS LESS CURRENT LIABILITIES

79,750

72,073

PROVISIONS FOR LIABILITIES

4,395

4,396

NET ASSETS

75,355

67,677

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

75,255

67,577

SHAREHOLDERS' FUNDS

75,355

67,677

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 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 31 March 2017 and were signed on its behalf by:

T Cramphorn - 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 the value of commission receipts from insurance related activities.

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

-

33% on cost

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

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

At 1 July 2015

223,978

Additions

28,079

At 30 June 2016

252,057

DEPRECIATION

At 1 July 2015

197,104

Charge for year

35,207

At 30 June 2016

232,311

NET BOOK VALUE

At 30 June 2016

19,746

At 30 June 2015

26,874

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

100

Ordinary

£1

100

100