EAMONN CASSIDY WEALTH MANAGEMENT LTD - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06072514 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

EAMONN CASSIDY WEALTH MANAGEMENT LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

E Cassidy

REGISTERED OFFICE:

67 Uppingham Road

Leicester

Leicestershire

LE5 3TB

REGISTERED NUMBER:

06072514 (England and Wales)

ACCOUNTANTS:

Sterling

Chartered Certified Accountants

67 Uppingham Road

Leicester

Leicestershire

LE5 3TB

FIXED ASSETS

Tangible assets

2

5,746

3,854

CURRENT ASSETS

Debtors

97,250

64,465

Cash at bank and in hand

54,878

44,212

152,128

108,677

CREDITORS

Amounts falling due within one year

37,202

43,189

NET CURRENT ASSETS

114,926

65,488

TOTAL ASSETS LESS CURRENT LIABILITIES

120,672

69,342

PROVISIONS FOR LIABILITIES

771

771

NET ASSETS

119,901

68,571

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

119,899

68,569

SHAREHOLDERS' FUNDS

119,901

68,571

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 18 December 2014 and were signed by:

E Cassidy - 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

5,168

Additions

3,328

At 31 March 2014

8,496

DEPRECIATION

At 1 April 2013

1,314

Charge for year

1,436

At 31 March 2014

2,750

NET BOOK VALUE

At 31 March 2014

5,746

At 31 March 2013

3,854

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

2

Ordinary

1

2

2

4.	TRANSACTIONS WITH DIRECTOR

The following loan to directors subsisted during the years ended 31 March 2014 and 31 March 2013:

31.3.14

31.3.13

£

£

E Cassidy

Balance outstanding at start of year

51,972

48,588

Amounts advanced

25,828

3,384

Amounts repaid

-

-

Balance outstanding at end of year

77,800

51,972

During the year company paid £ 31,000 dividend to the director.