Abbreviated Company Accounts - FINLAY ESTATES LIMITED

FINLAY ESTATES LIMITED - Company Information

08939414 FINLAY ESTATES LIMITED 2015-03-31 false 2014-03-14 2015-03-31 true 08939414 2014-03-14 2015-03-31 08939414 2015-03-31 08939414 uk-gaap-cd-bus:Director1 2014-03-14 2015-03-31 08939414 uk-gaap-cd-bus:Director2 2014-03-14 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-14 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 08939414

FINLAY ESTATES LIMITED

Abbreviated Accounts

31 March 2015

FINLAY ESTATES LIMITED Registered Number 08939414

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015
		£
Current assets
Debtors		10,865
Cash at bank and in hand		2,711
		13,576
Creditors: amounts falling due within one year		(23,512)
Net current assets (liabilities)		(9,936)
Total assets less current liabilities		(9,936)
Total net assets (liabilities)		(9,936)
Capital and reserves
Called up share capital	2	1,000
Profit and loss account		(10,936)
Shareholders' funds		(9,936)

For the year ending 31 March 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 30 November 2015

And signed on their behalf by:
M D Belcher, Director

FINLAY ESTATES LIMITED Registered Number 08939414

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

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.

Other accounting policies
Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Going concern

The company currently meets its daily working capital requirements through operating revenues and financial support from the directors.

On this basis the directors consider it appropriate to prepare the accounts on the going concern basis. The accounts do not include any adjustments that would result from the failure to raise additional finance that may prove necessary.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
1,000 Ordinary shares of £1 each	1,000

1000 £1 ordinary shares were issued at par for cash for a total consideration of £1,000 as part of the incorporation process.