Company Registration No. 04009965 (England and Wales)
STERLING FINANCIAL CONSULTANTS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2016
STERLING FINANCIAL CONSULTANTS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
STERLING FINANCIAL CONSULTANTS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 OCTOBER 2016
31 October 2016
- 1 -
2016
2015
Notes
£
£
£
£
Current assets
Debtors
27,310
27,102
Cash at bank and in hand
19,606
30,619
46,916
57,721
Creditors: amounts falling due within one year
(3,423)
(14,858)
Total assets less current liabilities
43,493
42,863
Capital and reserves
Called up share capital
2
100
100
Profit and loss account
43,393
42,763
Shareholders' funds
43,493
42,863
For the financial year ended 31 October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 21 June 2017
Mr M Owen
Mrs S Higgins
Director
Director
Company Registration No. 04009965
STERLING FINANCIAL CONSULTANTS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents commissions receivable during the year and fees receivable for services.
2
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100
3
Ultimate parent company
The ultimate parent company is SPM Employee Benefits Limited, a company registered in England and Wales.
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