First Person Resources Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05503387 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

FOR

FIRST PERSON RESOURCES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs S D Cotterell

A P Cotterell

SECRETARY:

A P Cotterell

REGISTERED OFFICE:

Arun House

Dyson Court, Dyson Way

Staffordshire Technology Park

Stafford

Staffordshire

ST18 0LQ

REGISTERED NUMBER:

05503387 (England and Wales)

ACCOUNTANTS:

Wynniatt-Husey Ltd

Chartered Accountants

The Old Coach House

Horsefair

Rugeley

Staffordshire

WS15 2EL

FIXED ASSETS

4,944

Tangible assets

2

23,873

CURRENT ASSETS

95,022

Debtors

95,411

89,751

Cash at bank

61,360

184,773

156,771

CREDITORS

64,147

Amounts falling due within one year

57,184

120,626

NET CURRENT ASSETS

99,587

125,570

TOTAL ASSETS LESS CURRENT LIABILITIES

123,460

CREDITORS

-

Amounts falling due after more than one year

15,560

125,570

NET ASSETS

107,900

CAPITAL AND RESERVES

100

Called up share capital

3

100

125,470

Profit and loss account

107,800

125,570

SHAREHOLDERS' FUNDS

107,900

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 8 October 2015 and were signed on its behalf by:

Mrs S D Cotterell - Director

A P Cotterell - Director

1.	ACCOUNTING POLICIES

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 April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

41,450

Additions

30,553

At 31 July 2015

72,003

DEPRECIATION

At 1 August 2014

36,506

Charge for year

11,624

At 31 July 2015

48,130

NET BOOK VALUE

At 31 July 2015

23,873

At 31 July 2014

4,944

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

£

100

Ordinary

£1

100

100