Pete Dawes Financial Solutions Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06414807 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Pete Dawes Financial Solutions Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTOR:

Mr P L Dawes

SECRETARY:

Ms S J Marven

REGISTERED OFFICE:

22 St John Street

Newport Pagnell

Buckinghamshire

MK16 8HJ

REGISTERED NUMBER:

06414807 (England and Wales)

ACCOUNTANTS:

Michael J. Emery & Co Limited

Chartered Accountants

22 St John Street

Newport Pagnell

Buckinghamshire

MK16 8HJ

FIXED ASSETS

Intangible assets

2

27,165

29,165

Tangible assets

3

469

982

27,634

30,147

CURRENT ASSETS

Debtors

2,590

-

Cash at bank

8,223

6,686

10,813

6,686

CREDITORS

Amounts falling due within one year

7,484

11,159

NET CURRENT ASSETS/(LIABILITIES)

3,329

(4,473

)

TOTAL ASSETS LESS CURRENT LIABILITIES

30,963

25,674

PROVISIONS FOR LIABILITIES

94

196

NET ASSETS

30,869

25,478

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

30,769

25,378

SHAREHOLDERS' FUNDS

30,869

25,478

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 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 17 December 2014 and were signed by:

Mr P L Dawes - 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 April 2008).

Turnover

Turnover represents commission due up to the year end date.

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

-

15% 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

40,000

AMORTISATION

At 1 April 2013

10,835

Amortisation for year

2,000

At 31 March 2014

12,835

NET BOOK VALUE

At 31 March 2014

27,165

At 31 March 2013

29,165

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

2,208

DEPRECIATION

At 1 April 2013

1,226

Charge for year

513

At 31 March 2014

1,739

NET BOOK VALUE

At 31 March 2014

469

At 31 March 2013

982

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100

5.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr P L Dawes.

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.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended

31 March 2014 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to

fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Michael J. Emery & Co Limited

Chartered Accountants

22 St John Street

Newport Pagnell

Buckinghamshire

MK16 8HJ

Date: .............................................