Abbreviated Company Accounts - FEATHERBAY LIMITED

FEATHERBAY LIMITED - Company Information

04057640 FEATHERBAY LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 04057640 2014-04-01 2015-03-31 04057640 2015-03-31 04057640 2014-03-31 04057640 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 04057640 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2014-03-31 iso4217:GBP shares

Registered Number 04057640

FEATHERBAY LIMITED

Abbreviated Accounts

31 March 2015

FEATHERBAY LIMITED Registered Number 04057640

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,622,602	1,622,602
Investments	3	1	1
		1,622,603	1,622,603
Current assets
Debtors		19,427	4,646
		19,427	4,646
Creditors: amounts falling due within one year		(69,963)	(164,797)
Net current assets (liabilities)		(50,536)	(160,151)
Total assets less current liabilities		1,572,067	1,462,452
Total net assets (liabilities)		1,572,067	1,462,452
Capital and reserves
Called up share capital	4	284,000	284,000
Revaluation reserve		456,971	456,971
Profit and loss account		831,096	721,481
Shareholders' funds		1,572,067	1,462,452

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 6 January 2016

And signed on their behalf by:
ALEXANDER ACKERMAN, Director

FEATHERBAY LIMITED Registered Number 04057640

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 year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 10%

2Tangible fixed assets

	£
Cost
At 1 April 2014	1,665,885
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	1,665,885
Depreciation
At 1 April 2014	43,283
Charge for the year	-
On disposals	-
At 31 March 2015	43,283
Net book values
At 31 March 2015	1,622,602
At 31 March 2014	1,622,602

All fixed assets are initially recorded at cost.

3Fixed assets Investments
The investment is interest in UK company.

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
156,000 Ordinary A shares of £1 each	156,000	156,000
85,000 Ordinary B shares of £1 each	85,000	85,000
43,000 Ordinary C shares of £1 each	43,000	43,000