Asset Management Solutions Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04086476 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2015

for

Asset Management Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Whittington

Mrs S A Brooks

J P George

SECRETARY:

J P George

REGISTERED OFFICE:

46 Charles Street

Cardiff

South Wales

CF10 2GE

REGISTERED NUMBER:

04086476 (England and Wales)

ACCOUNTANTS:

Roger Thomas Limited

9 Court Road

Bridgend

South Wales

CF31 1BE

FIXED ASSETS

Tangible assets

2

3,337

4,630

CURRENT ASSETS

Debtors

179,293

125,248

Cash at bank

636,035

504,890

815,328

630,138

CREDITORS

Amounts falling due within one year

203,686

158,408

NET CURRENT ASSETS

611,642

471,730

TOTAL ASSETS LESS CURRENT LIABILITIES

614,979

476,360

CAPITAL AND RESERVES

Called up share capital

3

600

600

Profit and loss account

614,379

475,760

SHAREHOLDERS' FUNDS

614,979

476,360

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 12 May 2015 and were signed on its behalf by:

J Whittington - 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.

Fixtures and fittings

-

25% on cost

Other fixed assets

-

25% on cost

Computer equipment

-

25% 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 April 2014

58,848

Additions

2,525

At 31 March 2015

61,373

DEPRECIATION

At 1 April 2014

54,218

Charge for year

3,818

At 31 March 2015

58,036

NET BOOK VALUE

At 31 March 2015

3,337

At 31 March 2014

4,630

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

600

Ordinary

£1

600

600