Abbreviated Company Accounts - 121 FINANCIAL PLANNING LTD

Abbreviated Company Accounts - 121 FINANCIAL PLANNING LTD


Registered Number 07685971

121 FINANCIAL PLANNING LTD

Abbreviated Accounts

30 June 2014

121 FINANCIAL PLANNING LTD Registered Number 07685971

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Current assets
Stocks - 17,000
Debtors 1,494 -
Cash at bank and in hand 163 403
1,657 17,403
Creditors: amounts falling due within one year (2,400) (2,100)
Net current assets (liabilities) (743) 15,303
Total assets less current liabilities (743) 15,303
Creditors: amounts falling due after more than one year (6,477) (40,592)
Total net assets (liabilities) (7,220) (25,289)
Capital and reserves
Called up share capital 2 3 3
Profit and loss account (7,223) (25,292)
Shareholders' funds (7,220) (25,289)
  • For the year ending 30 June 2014 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.

Approved by the Board on 31 March 2015

And signed on their behalf by:
M Jenkins, Director

121 FINANCIAL PLANNING LTD Registered Number 07685971

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting 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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
3 Ordinary shares of £1 each 3 3