Registered Number 07263999

ACCEDE FINANCIAL SERVICES LTD

Abbreviated Accounts

31 March 2016

ACCEDE FINANCIAL SERVICES LTD Registered Number 07263999

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 70 106
70 106
Current assets
Debtors - 477
Cash at bank and in hand 257,044 112,599
257,044 113,076
Creditors: amounts falling due within one year (192,222) (59,580)
Net current assets (liabilities) 64,822 53,496
Total assets less current liabilities 64,892 53,602
Total net assets (liabilities) 64,892 53,602
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 64,792 53,502
Shareholders' funds 64,892 53,602
  • For the year ending 31 March 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 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 30 December 2016

And signed on their behalf by:
Julian Budd, Director

ACCEDE FINANCIAL SERVICES LTD Registered Number 07263999

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

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the period,exclusive of value added tax

Tangible assets depreciation policy
All fixed assets are initially recorded at cost. Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the economic life of that asset as follows:
Plant & Machinery 2 to 4 years

2Tangible fixed assets
£
Cost
At 1 April 2015 2,902
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 2,902
Depreciation
At 1 April 2015 2,796
Charge for the year 36
On disposals -
At 31 March 2016 2,832
Net book values
At 31 March 2016 70
At 31 March 2015 106
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100