Abbreviated Company Accounts - FIN CAPITAL LIMITED

FIN CAPITAL LIMITED - Company Information

06247959 FIN CAPITAL LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 06247959 2014-06-01 2015-05-31 06247959 2015-05-31 06247959 2014-05-31 06247959 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 06247959 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-05-31 iso4217:GBP shares

Registered Number 06247959

FIN CAPITAL LIMITED

Abbreviated Accounts

31 May 2015

FIN CAPITAL LIMITED Registered Number 06247959

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,468,333	2,150,055
		1,468,333	2,150,055
Current assets
Debtors		2,594	2,370
Cash at bank and in hand		341,297	31,570
		343,891	33,940
Creditors: amounts falling due within one year	3	(1,438,059)	(1,628,719)
Net current assets (liabilities)		(1,094,168)	(1,594,779)
Total assets less current liabilities		374,165	555,276
Creditors: amounts falling due after more than one year	3	(85,568)	(394,770)
Total net assets (liabilities)		288,597	160,506
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		288,595	160,504
Shareholders' funds		288,597	160,506

For the year ending 31 May 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 22 January 2016

And signed on their behalf by:
M Findlay, Director

FIN CAPITAL LIMITED Registered Number 06247959

Notes to the Abbreviated Accounts for the period ended 31 May 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
Turnover represents invoiced sales of rent and service charges.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Land & buildings - in accordance with the property
Plant & machinery etc - 25% reducing balance

Other accounting policies
Deferred tax - Provision is made at current rates for deferred taxation in respect of all material timing differences except that, in the opinion of the directors, there is reasonable probability that the liability will not arise in the forseeable future.

2Tangible fixed assets

	£
Cost
At 1 June 2014	2,151,777
Additions	-
Disposals	(681,633)
Revaluations	-
Transfers	-
At 31 May 2015	1,470,144
Depreciation
At 1 June 2014	1,722
Charge for the year	89
On disposals	-
At 31 May 2015	1,811
Net book values
At 31 May 2015	1,468,333
At 31 May 2014	2,150,055

3Creditors

	2015 £	2014 £
Instalment debts due after 5 years	51,568	288,570

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

	2015 £	2014 £
1 Ordinary share of £1 each	1	1
1 B Ordinary share of £1 each	1	1