FITZROY_PROPERTY_SERVICES - Accounts

FITZROY PROPERTY SERVICES LIMITED - Company Information

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Company Registration No. 07593138 (England and Wales)

FITZROY PROPERTY SERVICES LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

FITZROY PROPERTY SERVICES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

FITZROY PROPERTY SERVICES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

685

913

Current assets

Debtors

31,121

17,355

Cash at bank and in hand

62,770

48,888

93,891

66,243

Creditors: amounts falling due within one year

(24,517)

(17,027)

Net current assets

69,374

49,216

Total assets less current liabilities

70,059

50,129

Provisions for liabilities

(137)

(183)

69,922

49,946

Capital and reserves

Called up share capital

Profit and loss account

69,920

49,944

Shareholders' funds

69,922

49,946

For the financial year ended 30 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 6 January 2016

P Jones

L Jones

Director

Company Registration No. 07593138

FITZROY PROPERTY SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

25% reducing balance

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 May 2014 & at 30 April 2015

1,185

Depreciation

At 1 May 2014

272

Charge for the year

228

At 30 April 2015

500

Net book value

At 30 April 2015

685

At 30 April 2014

913

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary shares of £1 each

FITZROY PROPERTY SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2015

- 3 -

Related party relationships and transactions

Other transactions - Loans from directors

Included within other creditors is an amount of £14,948 (2014 - £10,062) which is due to the directors L. and P. Jones.