Registered Number NI061309

SUCCEED WEALTH MANAGEMENT LIMITED

Micro-entity Accounts

31 December 2016

SUCCEED WEALTH MANAGEMENT LIMITED Registered Number NI061309

Micro-entity Balance Sheet as at 31 December 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 270,000 360,000
Tangible assets 1,515 1,894
271,515 361,894
Current assets
Debtors 261 471
Cash at bank and in hand 70,108 15,292
70,369 15,763
Creditors: amounts falling due within one year (373,199) (431,216)
Net current assets (liabilities) (302,830) (415,453)
Total assets less current liabilities (31,315) (53,559)
Total net assets (liabilities) (31,315) (53,559)
Capital and reserves
Called up share capital 212 211
Profit and loss account (31,527) (53,770)
Shareholders' funds (31,315) (53,559)
  • For the year ending 31 December 2016 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 August 2017

And signed on their behalf by:
Mr A Bell, Director

SUCCEED WEALTH MANAGEMENT LIMITED Registered Number NI061309

Notes to the Micro-entity Accounts for the period ended 31 December 2016

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.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Office equipment - 20% reducing balance