Felgrave Limited - Limited company - abbreviated

REGISTERED NUMBER: 06519938 (England and Wales)

FELGRAVE LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

W J Colgrave

P Fellows

SECRETARY:

P Fellows

REGISTERED OFFICE:

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

REGISTERED NUMBER:

06519938 (England and Wales)

FIXED ASSETS

Tangible assets

2

21,539

18,623

CURRENT ASSETS

Stocks

28,869

36,861

Debtors

20,331

32,951

Cash at bank and in hand

76,217

52,343

125,417

122,155

CREDITORS

Amounts falling due within one year

55,827

79,195

NET CURRENT ASSETS

69,590

42,960

TOTAL ASSETS LESS CURRENT
LIABILITIES

91,129

61,583

PROVISIONS FOR LIABILITIES

4,308

3,269

NET ASSETS

86,821

58,314

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

86,819

58,312

SHAREHOLDERS' FUNDS

86,821

58,314

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 19 February 2016 and were signed on its behalf
by:

P Fellows - Director

W J Colgrave - 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).

Turnover

Turnover represents net invoiced sales of goods, 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

36,410

Additions

13,890

Disposals

(16,554

)

At 31 May 2015

33,746

DEPRECIATION

At 1 June 2014

17,787

Charge for year

3,990

Eliminated on disposal

(9,570

)

At 31 May 2015

12,207

NET BOOK VALUE

At 31 May 2015

21,539

At 31 May 2014

18,623

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

2

Ordinary

£1

2

Felgrave Limited - Limited company - abbreviated - 11.9

Felgrave Limited - Limited company - abbreviated - 11.9