Company Registration No. 05507249 (England and Wales)
VOCFINANCIAL SERVICES LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
VOCFINANCIAL SERVICES LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
VOCFINANCIAL SERVICES LTD
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2015
30 September 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,413
845
Current assets
Debtors
5,815
5,653
Cash at bank and in hand
38
38
5,853
5,691
Creditors: amounts falling due within one year
(34,518)
(45,709)
Net current liabilities
(28,665)
(40,018)
Total assets less current liabilities
(27,252)
(39,173)
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
(27,253)
(39,174)
Shareholders' funds
(27,252)
(39,173)
For the financial year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 22 July 2016
Mr Ben Eshun
Director
Company Registration No. 05507249
VOCFINANCIAL SERVICES LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
15% on cost
2
Fixed assets
Tangible assets
£
Cost
At 1 October 2014
2,321
Additions
1,022
At 30 September 2015
3,343
Depreciation
At 1 October 2014
1,476
Charge for the year
454
At 30 September 2015
1,930
Net book value
At 30 September 2015
1,413
At 30 September 2014
845
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1 Ordinary shares of £1 each
1
1