Findley House Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 03596794 (England and Wales)

FINDLEY HOUSE LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J E Wordsworth

SECRETARY:

N Clayton

REGISTERED OFFICE:

Units 54 & 55

Askern Industrial Estate

Moss Road

Doncaster

South Yorkshire

DN6 0DD

REGISTERED NUMBER:

03596794 (England and Wales)

BANKERS:

Yorkshire Bank

19 St Sepulchre Gate

Doncaster

DN1 1SJ

FIXED ASSETS

Tangible assets

2

21,454

24,236

CURRENT ASSETS

Stocks

63,600

43,050

Debtors

19,261

9,043

Cash at bank and in hand

6,024

1,871

88,885

53,964

CREDITORS

Amounts falling due within one year

3

101,602

92,358

NET CURRENT LIABILITIES

(12,717

)

(38,394

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,737

(14,158

)

CREDITORS

Amounts falling due after more than one year

3

(4,281

)

(5,263

)

PROVISIONS FOR LIABILITIES

(4,291

)

(4,847

)

NET ASSETS/(LIABILITIES)

165

(24,268

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

65

(24,368

)

SHAREHOLDERS' FUNDS

165

(24,268

)

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 director acknowledges her 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 director on 25 November 2015 and were signed by:

J E Wordsworth - 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 goods, 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.

Plant and machinery etc

-

15 - 25% on reducing balance and Straight line over 3 to 15 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

and 31 July 2015

36,930

DEPRECIATION

At 1 August 2014

12,694

Charge for year

2,782

At 31 July 2015

15,476

NET BOOK VALUE

At 31 July 2015

21,454

At 31 July 2014

24,236

3.

CREDITORS

Creditors include an amount of £ 5,365 (2014 - £ 16,754 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

5.	CONTROLLING PARTY

The controlling party is J E Wordsworth by virtue of her ownership of 100% of the issued share capital in the

company.

6.	TRANSACTION WITH DIRECTOR

At the year end the company owed the director J E Wordsworth £545 (2014: £423).