ADMS Asset Management Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07781731 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

FOR

ADMS ASSET MANAGEMENT LIMITED

TRADING AS

TB ASSET MANAGEMENT

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D J Smith

A J McKay

SECRETARY:

Tayler Bradshaw Limited

REGISTERED OFFICE:

Cambridge House

16 High Street

Saffron Walden

Essex

CB10 1AX

REGISTERED NUMBER:

07781731 (England and Wales)

ACCOUNTANTS:

Tayler Bradshaw

Cambridge House

16 High Street

Saffron Walden

Essex

CB10 1AX

FIXED ASSETS

Tangible assets

2

2,695

3,593

CURRENT ASSETS

Debtors

14,789

27,428

Cash at bank

19,748

19,871

34,537

47,299

CREDITORS

Amounts falling due within one year

25,388

37,035

NET CURRENT ASSETS

9,149

10,264

TOTAL ASSETS LESS CURRENT LIABILITIES

11,844

13,857

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

11,842

13,855

SHAREHOLDERS' FUNDS

11,844

13,857

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 September 2014 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 25 November 2014 and were signed on its behalf by:

D J Smith - 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing

differences to the extent that, in the opinion of the director, there is reasonable probability

that the liability will not arise in the foreseeable future.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to

the company's pension scheme are charged to the profit and loss account in the period to

which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

and 30 September 2014

5,000

DEPRECIATION

At 1 October 2013

1,407

Charge for year

898

At 30 September 2014

2,305

NET BOOK VALUE

At 30 September 2014

2,695

At 30 September 2013

3,593

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

2

Ordinary

£1

2

2