Accounts Submission


COVENANT FINANCIAL LIMITED

Company Registration Number:
SC396138 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2017

Period of accounts

Start date: 01 April 2016

End date: 31 March 2017

COVENANT FINANCIAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2017

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 8

COVENANT FINANCIAL LIMITED

Company Information

for the Period Ended 31 March 2017




Director: Innes Chalmers
Registered office: 6
Dundee Court
Carron
Falkirk
FK2 7SL
Company Registration Number: SC396138 (Scotland)

COVENANT FINANCIAL LIMITED

Directors' Report Period Ended 31 March 2017

The directors present their report with the financial statements of the company for the period ended 31 March 2017

Principal Activities

Accounting services and advice.

Directors

The directors shown below have held office during the whole of the period from 01 April 2016 to 31 March 2017
Innes Chalmers

This report was approved by the board of directors on 15 May 2017
And Signed On Behalf Of The Board By:

Name: Innes Chalmers
Status: Director

COVENANT FINANCIAL LIMITED

Balance sheet

As at 31 March 2017


Notes

2017
£

2016
£
Fixed assets
Tangible assets: 2 197 460
Total fixed assets: 197 460
Current assets
Debtors: 12,202 12,175
Cash at bank and in hand: 14,736 12,830
Total current assets: 26,938 25,005
Creditors: amounts falling due within one year: ( 18,809 ) ( 24,732 )
Net current assets (liabilities): 8,129 273
Total assets less current liabilities: 8,326 733
Total net assets (liabilities): 8,326 733

The notes form part of these financial statements

COVENANT FINANCIAL LIMITED

Balance sheet continued

As at 31 March 2017


Notes

2017
£

2016
£
Capital and reserves
Called up share capital: 115 115
Profit and loss account: 8,211 618
Shareholders funds: 8,326 733

For the year ending 31 March 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 15 May 2017
And Signed On Behalf Of The Board By:

Name: Innes Chalmers
Status: Director

The notes form part of these financial statements

COVENANT FINANCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

COVENANT FINANCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

2. Tangible Assets

Total
Cost £
At 01 April 2016 865
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2017 865
Depreciation
At 01 April 2016 405
Charge for year 263
On disposals -
Other adjustments -
At 31 March 2017 668
Net book value
At 31 March 2017 197
At 31 March 2016 460