Richings Financial Management Ltd - Limited company - abbreviated - 11.0.0
Richings Financial Management Ltd - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2014 |
| FOR |
| RICHINGS FINANCIAL MANAGEMENT LTD |
| RICHINGS FINANCIAL MANAGEMENT LTD (REGISTERED NUMBER: 04158396) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 APRIL 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Certified Accountants' Report | 6 |
| RICHINGS FINANCIAL MANAGEMENT LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 APRIL 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| RICHINGS FINANCIAL MANAGEMENT LTD (REGISTERED NUMBER: 04158396) |
| ABBREVIATED BALANCE SHEET |
| 30 APRIL 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| RICHINGS FINANCIAL MANAGEMENT LTD (REGISTERED NUMBER: 04158396) |
| ABBREVIATED BALANCE SHEET - continued |
| 30 APRIL 2014 |
| The financial statements were approved by the director on |
| RICHINGS FINANCIAL MANAGEMENT LTD (REGISTERED NUMBER: 04158396) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 APRIL 2014 |
| 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 April 2008). |
| Turnover |
| Turnover represents commission receivable during the year. Commission is included on the basis of when it is |
| earned although reserve is made for the possible repayment of commissions received on indemnity terms which |
| eventuality would arise if policies written were to lapse. |
| Goodwill |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2013 |
| and 30 April 2014 |
| AMORTISATION |
| At 1 May 2013 |
| Amortisation for year |
| At 30 April 2014 |
| NET BOOK VALUE |
| At 30 April 2014 |
| At 30 April 2013 |
| RICHINGS FINANCIAL MANAGEMENT LTD (REGISTERED NUMBER: 04158396) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2013 |
| Additions |
| At 30 April 2014 |
| DEPRECIATION |
| At 1 May 2013 |
| Charge for year |
| At 30 April 2014 |
| NET BOOK VALUE |
| At 30 April 2014 |
| At 30 April 2013 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 30 April 2014 and |
| 30 April 2013: |
| 2014 | 2013 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |
| CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| RICHINGS FINANCIAL MANAGEMENT LTD |
| The following reproduces the text of the report prepared for the director in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) |
| have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Richings Financial Management Ltd for the year ended 30 April 2014 which comprise the Profit |
| and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from |
| information and explanations you have given us. |
| As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and |
| other professional requirements which are detailed at http://rulebook.accaglobal.com. |
| This report is made solely to the director of Richings Financial Management Ltd in accordance with our terms of |
| engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Richings |
| Financial Management Ltd and state those matters that we have agreed to state to the director of Richings Financial |
| Management Ltd in this report in accordance with the requirements of the Association of Chartered Certified |
| Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not |
| accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
| It is your duty to ensure that Richings Financial Management Ltd has kept adequate accounting records and to prepare |
| statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of |
| Richings Financial Management Ltd. You consider that Richings Financial Management Ltd is exempt from the statutory |
| audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Richings Financial |
| Management Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or |
| information and explanations you have given to us and we do not, therefore, express any opinion on the statutory |
| financial statements. |
| Chartered Certified Accountants |
| 25 June 2014 |