Registered Number 04604937

HOWARD COX INDEPENDENT FINANCIAL ADVISORS LIMITED

Abbreviated Accounts

31 May 2015

HOWARD COX INDEPENDENT FINANCIAL ADVISORS LIMITED Registered Number 04604937

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 54,177 54,177
Tangible assets 3 3,905 2,631
58,082 56,808
Current assets
Debtors 2,250 4,935
Cash at bank and in hand 1,507 395
3,757 5,330
Creditors: amounts falling due within one year (59,716 ) (58,382 )
Net current assets (liabilities) (55,959 ) (53,052 )
Total assets less current liabilities 2,123 3,756
Provisions for liabilities (587 ) (219 )
Total net assets (liabilities) 1,536 3,537
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 1,436 3,437
Shareholders' funds 1,536 3,537

  • For the year ending 31 May 2015 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 20 January 2016

And signed on their behalf by:
B Masding, Director
M Cooper, Director

HOWARD COX INDEPENDENT FINANCIAL ADVISORS LIMITED Registered Number 04604937

Notes to the Abbreviated Accounts for the period ended 31 May 2015

1 Accounting 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.

Turnover policy
Turnover represents net invoiced sales

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

Plant & Machinery etc - 20% on reducing balance

2 Intangible fixed assets
£
Cost
At 1 June 2014 54,177
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 54,177
Amortisation
At 1 June 2014 -
Charge for the year -
On disposals -
At 31 May 2015 -
Net book values
At 31 May 2015 54,177
At 31 May 2014 54,177
3 Tangible fixed assets
£
Cost
At 1 June 2014 10,902
Additions 2,250
Disposals -
Revaluations -
Transfers -
At 31 May 2015 13,152
Depreciation
At 1 June 2014 8,271
Charge for the year 976
On disposals -
At 31 May 2015 9,247
Net book values
At 31 May 2015 3,905
At 31 May 2014 2,631
4 Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100