121 Wealth Management Ltd - Abbreviated accounts

121 Wealth Management Ltd - Abbreviated accounts


Registered number
07963575
121 Wealth Management Ltd
Abbreviated Accounts
28 February 2015
121 Wealth Management Ltd
Registered number: 07963575
Abbreviated Balance Sheet
as at 28 February 2015
Notes 2015 2014
£ £
Current assets
Debtors 4,750 1,221
Cash at bank and in hand 370 3,058
5,120 4,279
Creditors: amounts falling due within one year (5,077) (4,262)
Net current assets 43 17
Net assets 43 17
Capital and reserves
Called up share capital 2 1 3
Profit and loss account 42 14
Shareholders' funds 43 17
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
C Nicholas
Director
Approved by the board on 6 August 2015
121 Wealth Management Ltd
Notes to the Abbreviated Accounts
for the year ended 28 February 2015
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
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.
2 Share capital Nominal 2015 2015 2014
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 1 1 3
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