Abbreviated Company Accounts - CROWD FIN LIMITED

DFI FINANCIAL SERVICES LTD - Company Information

08522515 CROWD FIN LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 08522515 2015-10-01 2016-09-30 08522515 2016-09-30 08522515 2015-09-30 08522515 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 08522515 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass3 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass3 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass3 2015-09-30 uk-gaap-cd-bus:PreferenceShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:PreferenceShareClass1 2016-09-30 uk-gaap-cd-bus:PreferenceShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 08522515

CROWD FIN LIMITED

Abbreviated Accounts

30 September 2016

CROWD FIN LIMITED Registered Number 08522515

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Current assets
Debtors		1,454,187	606,230
Cash at bank and in hand		203,374	40,666
		1,657,561	646,896
Creditors: amounts falling due within one year		(50,221)	(69,603)
Net current assets (liabilities)		1,607,340	577,293
Total assets less current liabilities		1,607,340	577,293
Total net assets (liabilities)		1,607,340	577,293
Capital and reserves
Called up share capital	2	262,640	1,728
Share premium account		1,043,314	540,662
Profit and loss account		301,386	34,903
Shareholders' funds		1,607,340	577,293

For the year ending 30 September 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 30 May 2017

And signed on their behalf by:
Andrew Gardiner, Director
Andrew Gardiner, Director

CROWD FIN LIMITED Registered Number 08522515

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
These financial statements for the year ended 30 September 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2014.

The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.

None of these changes have resulted in an impact on opening equity and profit for the comparative period.

Turnover policy
Turnover represents the value, net of VAT and discounts, in respect of financial services provided to customers.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,563,321 Ordinary shares of £0.001 each (1,450,600 shares for 2015)	1,563	1,451
426,889 A Ordinary shares of £0.001 each (276,930 shares for 2015)	427	277
64,999 Deferred shares of £0.01 each (0 shares for 2015)	650	0
260,000 Preference shares of £1 each (0 shares for 2015)	260,000	0