336 Financial Management Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC404120 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 January 2016

for

336 Financial Management Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

E Walker

D Young

REGISTERED OFFICE:

Thistle House

21-23 Thistle Street

Edinburgh

EH2 1DF

REGISTERED NUMBER:

SC404120 (Scotland)

ACCOUNTANTS:

Bennett and Co

Chartered Accountants

25 Lanark Road

Edinburgh

EH14 1TG

FIXED ASSETS

Tangible assets

2

8,495

8,924

CURRENT ASSETS

Debtors

10,554

603

Cash at bank

52,738

67,780

63,292

68,383

CREDITORS

Amounts falling due within one year

(59,297

)

(50,838

)

NET CURRENT ASSETS

3,995

17,545

TOTAL ASSETS LESS CURRENT LIABILITIES

12,490

26,469

PROVISIONS FOR LIABILITIES

(1,333

)

(1,785

)

NET ASSETS

11,157

24,684

CAPITAL AND RESERVES

Called up share capital

3

300

300

Profit and loss account

10,857

24,384

SHAREHOLDERS' FUNDS

11,157

24,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 10 March 2016 and were signed on its behalf by:

E Walker - 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 income received for providing financial advice.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

20% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

Contributions made to individual employees and directors pension schemes are charged to the company's profit

and loss account for the year in which they are payable to the scheme.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

14,356

Additions

3,053

At 31 January 2016

17,409

DEPRECIATION

At 1 February 2015

5,432

Charge for year

3,482

At 31 January 2016

8,914

NET BOOK VALUE

At 31 January 2016

8,495

At 31 January 2015

8,924

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.16

31.1.15

value:

£

£

300

Ordinary

£1

300

300