Angela Faulkner Ltd - Limited company - abbreviated

REGISTERED NUMBER: 07700511 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2015

for

Angela Faulkner Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs A Faulkner

RA Faulkner

SECRETARY:

Mrs A Faulkner

REGISTERED OFFICE:

Misty Meadows

Oil Mill Lane

Bucknell

Shropshire

SY7 0EW

REGISTERED NUMBER:

07700511 (England and Wales)

ACCOUNTANTS:

NSE Tax Limited

3 Blackwell Road

Barnt Green

Worcestershire

B45 8BT

CURRENT ASSETS

Stocks

15,450

56,832

Debtors

901

11,137

Cash at bank

1,263

2,962

17,614

70,931

CREDITORS

Amounts falling due within one year

52,283

62,700

NET CURRENT (LIABILITIES)/ASSETS

(34,669

)

8,231

TOTAL ASSETS LESS CURRENT
LIABILITIES

(34,669

)

8,231

CAPITAL AND RESERVES

Called up share capital

2

1

Profit and loss account

(34,670

)

8,230

SHAREHOLDERS' FUNDS

(34,669

)

8,231

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 31 December 2015 and were
signed on its behalf by:

Mrs A Faulkner - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

In preparing the accounts the director has assessed the company's ability to continue as a

going concern for the period of one year from the approval of these accounts. The director

considers the going concern basis of preparing the accounts appropriate as financial support

will be provided by the director if required.

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.

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.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

1

Ordinary

£1

1

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 August 2015 the director owes the company £96 (2014 - Credit £345).

Angela Faulkner Ltd - Limited company - abbreviated - 11.9

Angela Faulkner Ltd - Limited company - abbreviated - 11.9