Company Registration No. 04505759 (England and Wales)
Allen & Company Financial Management Ltd.
Unaudited accounts
for the year ended 31 March 2017
Allen & Company Financial Management Ltd.
Unaudited accounts
Contents
Allen & Company Financial Management Ltd.
Company Information
for the year ended 31 March 2017
Company Number
04505759 (England and Wales)
Registered Office
15 Dedham Vale Business Centre
Manningtree Road
Dedham
Essex
CO7 6BL
Accountants
Pro Tax Accounting
The Colchester Centre
Hawkins Road
Colchester
Essex
CO2 8JX
Allen & Company Financial Management Ltd.
Statement of financial position
as at 31 March 2017
Intangible assets
3,000
6,000
Tangible assets
4,760
5,576
Cash at bank and in hand
106,622
96,784
Creditors: amounts falling due within one year
(10,665)
(20,850)
Net current assets
96,315
81,255
Total assets less current liabilities
104,075
92,831
Provisions for liabilities
Deferred tax
(1,552)
(1,115)
Called up share capital
1
1
Profit and loss account
102,522
91,715
Shareholders' funds
102,523
91,716
For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 26 July 2017.
Mr Adrian Allen
Director
Company Registration No. 04505759
Allen & Company Financial Management Ltd.
Notes to the Accounts
for the year ended 31 March 2017
Allen & Company Financial Management Ltd. is a private company, limited by shares, registered in England and Wales, registration number 04505759. The registered office and principal place of business is 15 Dedham Vale Business Centre, Manningtree Road, Dedham, Essex, CO7 6BL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill is being written off in equal annual instalments over it's estimated economic life of 5 years.
Allen & Company Financial Management Ltd.
Notes to the Accounts
for the year ended 31 March 2017
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2016
8,677
7,466
16,143
At 31 March 2017
8,677
8,239
16,916
At 1 April 2016
6,016
4,551
10,567
Charge for the year
666
923
1,589
At 31 March 2017
6,682
5,474
12,156
At 31 March 2017
1,995
2,765
4,760
At 31 March 2016
2,661
2,915
5,576
Accrued income and prepayments
358
5,321
7
Creditors: amounts falling due within one year
2017
2016
Corporation tax
10,082
20,788
8
Average number of employees
During the year the average number of employees was 4 (2016: 4).
