Yellow Dot (Fair Oak) Limited - Limited company - abbreviated - 11.9

Yellow Dot (Fair Oak) Limited

Abbreviated Unaudited Accounts

for the Year Ended

31 August 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs J E Dyke

T J Dyke

REGISTERED OFFICE:

91 Lakewood Road

Chandlers Ford

Eastleigh

Hampshire

SO53 5AD

REGISTERED NUMBER:

08858543 (England and Wales)

ACCOUNTANTS:

David Tilsley Limited

91 Lakewood Road

Chandlers Ford

Eastleigh

Hampshire

SO53 5AD

FIXED ASSETS

Tangible assets

2

46,279

11,114

CURRENT ASSETS

Debtors

19,333

29,782

Cash at bank and in hand

12,448

50

31,781

29,832

CREDITORS

Amounts falling due within one year

130,615

40,846

NET CURRENT LIABILITIES

(98,834

)

(11,014

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(52,555

)

100

PROVISIONS FOR LIABILITIES

5,173

-

NET (LIABILITIES)/ASSETS

(57,728

)

100

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(57,828

)

-

SHAREHOLDERS' FUNDS

(57,728

)

100

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 15 December 2015 and were signed on its behalf by:

Mrs J E Dyke - 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).

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related Party

Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents net invoiced fees, 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.

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

33% on cost and 25% on cost

Deferred tax

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

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for eligible staff and additionally contributes to other

compliant personal pension schemes for staff and directors. Contributions payable to pension schemes are charged

to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

11,114

Additions

45,341

At 31 August 2015

56,455

DEPRECIATION

Charge for year

10,176

At 31 August 2015

10,176

NET BOOK VALUE

At 31 August 2015

46,279

At 31 August 2014

11,114

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

£

100

Ordinary

1

100

100

4.	ULTIMATE PARENT COMPANY

Yellow Dot Group Ltd is regarded by the directors as being the company's ultimate parent company.

The company is a wholly owned subsidiary of Yellow Dot Group Ltd, a company in which the directors are

shareholders.