REGISTERED NUMBER:
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Abbreviated Unaudited Accounts |
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for the Period |
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24 September 2014 to 29 February 2016 |
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for |
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Steven Brown Financial Services Limited |
REGISTERED NUMBER:
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Abbreviated Unaudited Accounts |
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for the Period |
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24 September 2014 to 29 February 2016 |
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for |
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Steven Brown Financial Services Limited |
Steven Brown Financial Services Limited (Registered number: 09233173) |
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Contents of the Abbreviated Accounts |
for the Period 24 September 2014 to 29 February 2016 |
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Page |
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Company Information | 1 |
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Abbreviated Balance Sheet | 2 |
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Notes to the Abbreviated Accounts | 3 |
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Chartered Certified Accountant's Report | 5 |
Steven Brown Financial Services Limited |
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Company Information |
for the Period 24 September 2014 to 29 February 2016 |
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DIRECTOR: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANT: |
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Steven Brown Financial Services Limited (Registered number: 09233173) |
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Abbreviated Balance Sheet |
29 February 2016 |
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Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
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CURRENT ASSETS |
Debtors |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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PROVISIONS FOR LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital | 3 |
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Profit and loss account |
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SHAREHOLDERS' FUNDS |
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The director acknowledges his 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. |
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The financial statements were approved by the director on
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Steven Brown Financial Services Limited (Registered number: 09233173) |
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Notes to the Abbreviated Accounts |
for the Period 24 September 2014 to 29 February 2016 |
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1. | ACCOUNTING POLICIES |
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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 January 2015). |
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Turnover |
Turnover represents net invoiced sales of services. The supply of services is exempt from Value |
Added Tax. |
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Tangible fixed assets |
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Computer equipment | - |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
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Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis |
over the period of the lease. |
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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. |
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2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
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At 29 February 2016 |
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DEPRECIATION |
Charge for period |
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At 29 February 2016 |
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NET BOOK VALUE |
At 29 February 2016 |
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3. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
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Ordinary | £1 |
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Steven Brown Financial Services Limited (Registered number: 09233173) |
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Notes to the Abbreviated Accounts - continued |
for the Period 24 September 2014 to 29 February 2016 |
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4. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
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The following advances and credits to a director subsisted during the period ended 29 February 2016: |
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Balance outstanding at start of period |
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Amounts advanced |
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Amounts repaid | ( |
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Balance outstanding at end of period |
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At the balance sheet date the company was owed £9,773 by the director, Mr S Brown. This was the |
balance on the director's current account and is disclosed within other debtors. |
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The company made advances totalling £51,015 to the director during the year. The director repaid a |
total of £41,242 during the year, including dividends and salary credited to the account. |
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The main conditions regarding advances and credits were that sums were to be repaid to the company |
as soon as possible. Overdrawn balances exceeding £10,000 will incur interest at the official rate of |
interest. The official rate of interest applied was 3.25% and 3.00% throughout the year. |
Chartered Certified Accountant's Report to the Director |
on the Unaudited Financial Statements of |
Steven Brown Financial Services Limited |
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The following reproduces the text of the report prepared for the director in respect of the company's |
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on |
pages two to four) have been prepared. |
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In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval |
the financial statements of Steven Brown Financial Services Limited for the period ended 29 February 2016 |
which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's |
accounting records and from information and explanations you have given me. |
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As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
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This report is made solely to the director of Steven Brown Financial Services Limited in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Steven Brown Financial Services Limited and state those matters that I have agreed to state to the director of Steven Brown Financial Services Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and its director for my work or for this report. |
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It is your duty to ensure that Steven Brown Financial Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Steven Brown Financial Services Limited. You consider that Steven Brown Financial Services Limited is exempt from the statutory audit requirement for the period. |
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I have not been instructed to carry out an audit or a review of the financial statements of Steven Brown Financial Services Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements. |
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21 June 2016 |