Trust Wills & Probate Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06540022 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2014

for

Trust Wills & Probate Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs P B Mcmillan

B W Mcmillan

SECRETARY:

Mrs P B Mcmillan

REGISTERED OFFICE:

No 6 Exchange Close

Lincoln

Lincolnshire

LN6 3TR

REGISTERED NUMBER:

06540022 (England and Wales)

ACCOUNTANTS:

Philomena's Accountants & Tax Consultants Ltd

18 Swaythling Close

Lincoln

Lincolnshire

LN6 3DD

FIXED ASSETS

Tangible assets

2

753

753

CURRENT ASSETS

Debtors

92,798

92,798

Cash at bank

1,701

1,701

94,499

94,499

CREDITORS

Amounts falling due within one year

217,312

217,312

NET CURRENT LIABILITIES

(122,813

)

(122,813

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(122,060

)

(122,060

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(122,160

)

(122,160

)

SHAREHOLDERS' FUNDS

(122,060

)

(122,060

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 27 January 2015 and were signed on its behalf by:

Mrs P B Mcmillan - 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).

The company was dormant throughout the year ended 30 April 2014. However, reference to information relating

to the year ended 30 April 2013 has been made where appropriate.

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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

1,354

DEPRECIATION

At 1 May 2013

and 30 April 2014

601

NET BOOK VALUE

At 30 April 2014

753

At 30 April 2013

753

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

£

100

Ordinary

1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Interest was charged on any overdrawn directors current account balances that arose during the year at the rate of

4%.

At the year end the company was owed the sum of £24,862 (2012 £20992) from The Society of Will Writer

(Services) Ltd.. This amounts are shown in note 5 of the financial statements. The company owed £73,591 (2012

£49,405) to the Society of Will Writers and Estate Planning Practitioners, £3383.37 to Probate and Trustee

Services Ltd These amounts are shown in note 6 to the financial statements. All of the loans are interest fee and

unsecured with no set terms for repayment. B W McMillan is a director and shareholder of these companies, but

a director only of The Society of Will Writers and Estate Planning Practitioners. Mrs P B McMillan is a director

and shareholder of The Society of Will Writers (Services) Ltd.