Symmetry Private Insurance Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07141187 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

Symmetry Private Insurance Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr C Tully

REGISTERED OFFICE:

Suite 2

Victoria House

South Street

Farnham

Surrey

GU9 7QU

REGISTERED NUMBER:

07141187 (England and Wales)

ACCOUNTANTS:

Branston Adams

Suite 2, Victoria House

South Street

Farnham

Surrey

GU9 7QU

FIXED ASSETS

Tangible assets

2

389

715

CURRENT ASSETS

Debtors

125,121

62,451

Cash at bank

120

-

125,241

62,451

CREDITORS

Amounts falling due within one year

117,579

50,212

NET CURRENT ASSETS

7,662

12,239

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,051

12,954

CAPITAL AND RESERVES

Called up share capital

3

124

Profit and loss account

7,927

12,830

SHAREHOLDERS' FUNDS

8,051

12,954

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 28 June 2017 and were signed by:

Mr C Tully - 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 commissions and other income receivable by the business, on the basis of it's

activities and the effective dates of policies placed.

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

Computer equipment

-

20% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

12,835

DEPRECIATION

At 1 October 2015

12,120

Charge for year

326

At 30 September 2016

12,446

NET BOOK VALUE

At 30 September 2016

389

At 30 September 2015

715

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

100

Ordinary

£1

124