Abbreviated Company Accounts - THE ASSOCIATION OF FOREIGN EXCHANGE AND PAYMENT COMPANIES

THE ASSOCIATION OF FOREIGN EXCHANGE AND PAYMENT COMPANIES - Company Information

Registered Number 07917853

THE ASSOCIATION OF FOREIGN EXCHANGE AND PAYMENT COMPANIES

Abbreviated Accounts

31 January 2016

THE ASSOCIATION OF FOREIGN EXCHANGE AND PAYMENT COMPANIES Registered Number 07917853

Abbreviated Balance Sheet as at 31 January 2016

	2016	2015
	£	£
Current assets
Cash at bank and in hand	57,969	54,359
	57,969	54,359
Net current assets (liabilities)	57,969	54,359
Total assets less current liabilities	57,969	54,359
Total net assets (liabilities)	57,969	54,359
Reserves
Other reserves	54,359	24,108
Income and expenditure account	3,610	30,251
Members' funds	57,969	54,359

For the year ending 31 January 2016 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 17 May 2016

And signed on their behalf by:
Mr J Cooke, Director
Director, Director

THE ASSOCIATION OF FOREIGN EXCHANGE AND PAYMENT COMPANIES Registered Number 07917853

Notes to the Abbreviated Accounts for the period ended 31 January 2016

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.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.