THE ASSOCIATION OF FOREIGN EXCHANGE AND PAYMENT COMPANIES Accounts filed on 31-01-2015

THE ASSOCIATION OF FOREIGN EXCHANGE AND PAYMENT COMPANIES Accounts filed on 31-01-2015


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THE ASSOCIATION OF FOREIGN EXCHANGE AND PAYMENT COMPANIES




Company Registration Number:
07917853 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st February 2014

End date: 31st January 2015

SUBMITTED

THE ASSOCIATION OF FOREIGN EXCHANGE AND PAYMENT COMPANIES

Company Information
for the Period Ended
31st January 2015




Director: J Cooke
Registered office: London City Point 1 Ropemaker Street
London
EC2Y 9HT
Company Registration Number: 07917853 (England and Wales)

THE ASSOCIATION OF FOREIGN EXCHANGE AND PAYMENT COMPANIES

Abbreviated Balance sheet
As at 31st January 2015

Notes 2015
£
2014
£
Current assets
Cash at bank and in hand: 54,359 24,108
Total current assets: 54,359 24,108
Creditors
Net current assets (liabilities): 54,359 24,108
Total assets less current liabilities: 54,359 24,108
Total net assets (liabilities): 54,359 24,108

The notes form part of these financial statements

THE ASSOCIATION OF FOREIGN EXCHANGE AND PAYMENT COMPANIES

Abbreviated Balance sheet
As at 31st January 2015
continued

Notes 2015
£
2014
£
Capital and reserves
Called up share capital: 2 1 1
Profit and Loss account: 54,358 24,107
Total shareholders funds: 54,359 24,108

For the year ending 31 January 2015 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 17 March 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: J Cooke
Status: Director

The notes form part of these financial statements

THE ASSOCIATION OF FOREIGN EXCHANGE AND PAYMENT COMPANIES

Notes to the Abbreviated Accounts
for the Period Ended
31st January 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

    Turnover policy

    Turnover represents the membership fees received during the year.

THE ASSOCIATION OF FOREIGN EXCHANGE AND PAYMENT COMPANIES

Notes to the Abbreviated Accounts
for the Period Ended
31st January 2015

  • 2. Called up share capital

    Allotted, called up and paid

    Previous period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 1 1.00
    1.00
    1
    Total share capital: 1
    Current period 2015
    Class Number of shares Nominal value per share Total
    Ordinary shares: 1 1.00
    1.00
    1
    Total share capital: 1