Bradley Wealth Management Limited - Limited company - abbreviated - 11.6

Bradley Wealth Management Limited - Limited company - abbreviated - 11.6

BRADLEY BUSINESS SERVICES LIMITED - Company Information

Print Friendly Version

06424324 1.4.13 31.3.14 31.3.14 Company accounts Private Limited Company FY true false true false true false true false ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure064243242013-03-31064243242014-03-31064243242013-04-012014-03-31064243242012-03-31064243242012-04-012013-03-31064243242013-03-3106424324ns12:England2013-04-012014-03-3106424324ns14:PoundSterling2013-04-012014-03-3106424324ns7:Director12013-04-012014-03-3106424324ns7:OrdinaryShareClass12013-04-012014-03-3106424324ns7:CompanySecretary2013-04-012014-03-3106424324ns7:RegisteredOffice2013-04-012014-03-3106424324ns7:EntityAccountantsOrAuditors2013-04-012014-03-3106424324ns5:FixturesFittings2013-04-012014-03-3106424324ns5:ComputerEquipment2013-04-012014-03-3106424324ns5:FixedAssetInvestmentsOtherThanLoans2014-03-3106424324ns5:FixedAssetInvestmentsOtherThanLoans2013-03-3106424324ns7:OrdinaryShareClass12014-03-3106424324ns7:OrdinaryShareClass12013-03-31
REGISTERED NUMBER: 06424324 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Bradley Wealth Management Limited

Bradley Wealth Management Limited (Registered number: 06424324)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Bradley Wealth Management Limited

Company Information
for the Year Ended 31 March 2014







DIRECTOR: J J Noblett





SECRETARY: Miss D M Smith





REGISTERED OFFICE: 60 Bradley Lane
Eccleston
Chorley
Lancashire
PR7 5RJ





REGISTERED NUMBER: 06424324 (England and Wales)





ACCOUNTANTS: Myersons
Chartered Accountants
32 Derby Street
Ormskirk
Lancashire
L39 2BY
Page 1
Bradley Wealth Management Limited (Registered number: 06424324)

Abbreviated Balance Sheet
31 March 2014

31.3.14 31.3.13
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 152,229 163,368
Tangible assets 3 457 -
Investments 4 2,877 2,877
155,563 166,245

CURRENT ASSETS
Debtors 80,497 37,881
Cash at bank 118,835 64,233
199,332 102,114
CREDITORS
Amounts falling due within one year 40,706 15,986
NET CURRENT ASSETS 158,626 86,128
TOTAL ASSETS LESS CURRENT
LIABILITIES
314,189
252,373

PROVISIONS FOR LIABILITIES 91 -
NET ASSETS 314,098 252,373

CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and loss account 313,998 252,273
SHAREHOLDERS' FUNDS 314,098 252,373

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 notes form part of these abbreviated accounts

Page 2 continued...
Bradley Wealth Management Limited (Registered number: 06424324)

Abbreviated Balance Sheet - continued
31 March 2014


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 24 November 2014 and were signed by:





J J Noblett - Director


The notes form part of these abbreviated accounts

Page 3
Bradley Wealth Management Limited (Registered number: 06424324)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 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 net commissions received.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

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 - 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. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2013
and 31 March 2014 222,776
AMORTISATION
At 1 April 2013 59,408
Amortisation for year 11,139
At 31 March 2014 70,547
NET BOOK VALUE

At 31 March 2014 152,229
At 31 March 2013 163,368

Page 4 continued...
Bradley Wealth Management Limited (Registered number: 06424324)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2013 4,843
Additions 685
Disposals (1,613 )
At 31 March 2014 3,915
DEPRECIATION
At 1 April 2013 4,843
Charge for year 228
Eliminated on disposal (1,613 )
At 31 March 2014 3,458
NET BOOK VALUE
At 31 March 2014 457
At 31 March 2013 -

4. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 April 2013
and 31 March 2014 20,000
PROVISIONS
At 1 April 2013
and 31 March 2014 17,123
NET BOOK VALUE
At 31 March 2014 2,877
At 31 March 2013 2,877

5. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.3.14 31.3.13
value: £    £   
100 Share capital 1 £1 100 100

Page 5