Buxton Beresford Financial Planning Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07628403 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Buxton Beresford Financial Planning Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M A Beresford

SECRETARY:

M A Beresford

REGISTERED OFFICE:

3 Middle Bourne Lane

Lower Bourne

Farnham

Surrey

GU10 3ND

REGISTERED NUMBER:

07628403 (England and Wales)

ACCOUNTANTS:

Branston Adams

Suite 2, Victoria House

South Street

Farnham

Surrey

GU9 7QU

FIXED ASSETS

Intangible assets

2

155,256

184,310

Tangible assets

3

267

533

155,523

184,843

CURRENT ASSETS

Cash at bank

24,587

14,587

CREDITORS

Amounts falling due within one year

167,065

186,798

NET CURRENT LIABILITIES

(142,478

)

(172,211

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,045

12,632

CREDITORS

Amounts falling due after more than one year

10,000

10,000

NET ASSETS

3,045

2,632

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

2,945

2,532

SHAREHOLDERS' FUNDS

3,045

2,632

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 director acknowledges his 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 director on 28 December 2015 and were signed by:

M A Beresford - 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 consists of income derived from the normal operating activities of the company during the

year, net of discounts and VAT.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of seven years.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

203,376

AMORTISATION

At 1 April 2014

19,066

Amortisation for year

29,054

At 31 March 2015

48,120

NET BOOK VALUE

At 31 March 2015

155,256

At 31 March 2014

184,310

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

799

DEPRECIATION

At 1 April 2014

266

Charge for year

266

At 31 March 2015

532

NET BOOK VALUE

At 31 March 2015

267

At 31 March 2014

533

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100

5.	CONTROLLING PARTY

The company is under the control of M A Beresford (director) by virtue of ordinary voting shares held.