Company Registration No. 02457897 (England and Wales)
FIONA SHIPLEY TRANSCRIPTION LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2015
FIONA SHIPLEY TRANSCRIPTION LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
FIONA SHIPLEY TRANSCRIPTION LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2015
30 April 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,555
2,932
Current assets
Debtors
39,176
48,023
Cash at bank and in hand
67,349
62,388
106,525
110,411
Creditors: amounts falling due within one year
(27,464)
(29,066)
Net current assets
79,061
81,345
Total assets less current liabilities
80,616
84,277
Capital and reserves
Called up share capital
3
1,000
1,000
Profit and loss account
79,616
83,277
Shareholders' funds
80,616
84,277
For the financial year ended 30 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge their 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 16 July 2015
Mrs Fiona Shipley
Mrs Alexandra Colbourne
Director
Director
Company Registration No. 02457897
FIONA SHIPLEY TRANSCRIPTION LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 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 amounts receivable for services net of VAT.
1.4
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
1.5
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
25% straight line
Fixtures, fittings & equipment
20% straight line
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 May 2014
15,967
15,196
31,163
Written off against reserves
(15,967)
-
(15,967)
At 30 April 2015
-
15,196
15,196
Depreciation
At 1 May 2014
15,967
12,264
28,231
Charge for the year
-
1,377
1,377
Written off against reserves
(15,967)
-
(15,967)
At 30 April 2015
-
13,641
13,641
Net book value
At 30 April 2015
-
1,555
1,555
At 30 April 2014
-
2,932
2,932
FIONA SHIPLEY TRANSCRIPTION LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2015
- 3 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1,000 Ordinary shares of £1 each
1,000
1,000
2015-04-302014-05-01falsetruetruetruetruetruetmpEB26.html2015-08-06024578972014-05-012015-04-30024578972015-04-30024578972014-04-30024578972014-04-3002457897uk-bus:CompanySecretaryDirector2014-05-012015-04-3002457897uk-bus:Director22014-05-012015-04-3002457897uk-gaap:ComputerEquipment2014-05-012015-04-3002457897uk-gaap:FixturesFittingsToolsEquipment2014-05-012015-04-3002457897uk-bus:OrdinaryShareClass12014-05-012015-04-3002457897uk-bus:OrdinaryShareClass12015-04-3002457897uk-bus:OrdinaryShareClass12014-04-30xbrli:purexbrli:sharesiso4217:GBP
