Abbreviated Company Accounts - COVENANT FINANCIAL LIMITED

Abbreviated Company Accounts - COVENANT FINANCIAL LIMITED


Registered Number SC396138

COVENANT FINANCIAL LIMITED

Abbreviated Accounts

31 March 2014

COVENANT FINANCIAL LIMITED Registered Number SC396138

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Current assets
Debtors 5,653 1,333
Cash at bank and in hand - 25,359
5,653 26,692
Creditors: amounts falling due within one year (2,923) (21,582)
Net current assets (liabilities) 2,730 5,110
Total assets less current liabilities 2,730 5,110
Total net assets (liabilities) 2,730 5,110
Capital and reserves
Called up share capital 2 110 110
Profit and loss account 2,620 5,000
Shareholders' funds 2,730 5,110
  • For the year ending 31 March 2014 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 10 December 2014

And signed on their behalf by:
Innes Chalmers, Director

COVENANT FINANCIAL LIMITED Registered Number SC396138

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
110 Ordinary shares of £1 each 110 110

3Transactions with directors

Name of director receiving advance or credit: Innes Chalmers
Description of the transaction: Loan
Balance at 1 April 2013: -
Advances or credits made: £ 4,520
Advances or credits repaid: -
Balance at 31 March 2014: £ 4,520