Fred Stevens Ltd - Limited company - abbreviated - 11.9

Fred Stevens Ltd - Limited company - abbreviated - 11.9

FRED STEVENS LIMITED - Company Information

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02818626 1.9.14 31.8.15 31.8.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure028186262014-08-31028186262015-08-31028186262014-09-012015-08-31028186262013-08-31028186262013-09-012014-08-31028186262014-08-3102818626ns12:England2014-09-012015-08-3102818626ns14:PoundSterling2014-09-012015-08-3102818626ns7:Director12014-09-012015-08-3102818626ns7:OrdinaryShareClass12014-09-012015-08-3102818626ns7:Director22014-09-012015-08-3102818626ns7:CompanySecretary2014-09-012015-08-3102818626ns7:RegisteredOffice2014-09-012015-08-3102818626ns7:EntityAccountantsOrAuditors2014-09-012015-08-3102818626ns5:LandBuildingsns5:ShortLeaseholdProperties2014-09-012015-08-3102818626ns5:FixturesFittings2014-09-012015-08-3102818626ns5:MotorVehicles2014-09-012015-08-3102818626ns7:OrdinaryShareClass12015-08-3102818626ns7:OrdinaryShareClass12014-08-31
REGISTERED NUMBER: 02818626 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2015

FOR

FRED STEVENS LTD

FRED STEVENS LTD (REGISTERED NUMBER: 02818626)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

FRED STEVENS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2015







DIRECTORS: J J Baker MBIE, DIP.FD, MBIFD
D J Melsome





SECRETARY: D J Melsome





REGISTERED OFFICE: Newmarket Road
Nailsworth
Gloucestershire
GL6 ODQ





REGISTERED NUMBER: 02818626 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA
Page 1
FRED STEVENS LTD (REGISTERED NUMBER: 02818626)

ABBREVIATED BALANCE SHEET
31 AUGUST 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 21,900 27,053
Tangible assets 3 118,703 91,020
140,603 118,073

CURRENT ASSETS
Stocks 3,785 3,000
Debtors 24,091 16,652
Cash at bank and in hand 107,291 97,844
135,167 117,496
CREDITORS
Amounts falling due within one year 96,301 70,834
NET CURRENT ASSETS 38,866 46,662
TOTAL ASSETS LESS CURRENT
LIABILITIES
179,469
164,735

PROVISIONS FOR LIABILITIES 17,197 10,327
NET ASSETS 162,272 154,408

CAPITAL AND RESERVES
Called up share capital 4 150,360 150,360
Profit and loss account 11,912 4,048
SHAREHOLDERS' FUNDS 162,272 154,408

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 notes form part of these abbreviated accounts

Page 2 continued...
FRED STEVENS LTD (REGISTERED NUMBER: 02818626)

ABBREVIATED BALANCE SHEET - continued
31 AUGUST 2015


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 11 March 2016 and were signed on its
behalf by:





J J Baker MBIE, DIP.FD, MBIFD - Director


The notes form part of these abbreviated accounts

Page 3
FRED STEVENS LTD (REGISTERED NUMBER: 02818626)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015

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).

Going concern
There are no material uncertainties that may cast significant doubt about the ability of the company to
continue as a going concern.

Turnover
Revenue represents the invoiced value of goods sold and services provided during the period, stated
net of Value Added Tax.

Revenue from the principal activity of funeral services is recognised when the service and goods have
been provided and all obligations to the customers have been fulfilled, unless management has doubts
as to the recoverability of fees.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold property - 5% on cost
Furniture and equipment - at varying rates on cost
Motor vehicles - at varying rates on cost

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.

Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which they
relate.

Page 4 continued...
FRED STEVENS LTD (REGISTERED NUMBER: 02818626)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 AUGUST 2015

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 September 2014
and 31 August 2015 103,057
AMORTISATION
At 1 September 2014 76,004
Amortisation for year 5,153
At 31 August 2015 81,157
NET BOOK VALUE

At 31 August 2015 21,900
At 31 August 2014 27,053

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 September 2014 212,063
Additions 49,732
At 31 August 2015 261,795
DEPRECIATION
At 1 September 2014 121,043
Charge for year 22,049
At 31 August 2015 143,092
NET BOOK VALUE
At 31 August 2015 118,703
At 31 August 2014 91,020

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
150,360 Ordinary £1 150,360 150,360

Page 5