Abbreviated Company Accounts - FERNACRE SOLUTIONS LIMITED

FERNACRE SOLUTIONS LIMITED - Company Information

04568395 FERNACRE SOLUTIONS LIMITED 2015-10-20 false 2014-10-21 2015-10-20 true 04568395 2014-10-21 2015-10-20 04568395 2015-10-20 04568395 2014-10-20 04568395 uk-gaap-cd-bus:Director1 2014-10-21 2015-10-20 04568395 uk-gaap-cd-bus:Director2 2014-10-21 2015-10-20 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-21 2015-10-20 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-20 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-20 iso4217:GBP shares

Registered Number 04568395

FERNACRE SOLUTIONS LIMITED

Abbreviated Accounts

20 October 2015

FERNACRE SOLUTIONS LIMITED Registered Number 04568395

Abbreviated Balance Sheet as at 20 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	517,413	517,413
		517,413	517,413
Current assets
Cash at bank and in hand		12,981	30,150
		12,981	30,150
Creditors: amounts falling due within one year		(300,936)	(313,061)
Net current assets (liabilities)		(287,955)	(282,911)
Total assets less current liabilities		229,458	234,502
Creditors: amounts falling due after more than one year		(473,929)	(473,916)
Total net assets (liabilities)		(244,471)	(239,414)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(244,473)	(239,416)
Shareholders' funds		(244,471)	(239,414)

For the year ending 20 October 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 20 June 2016

And signed on their behalf by:
Felix Ferns, Director
Mrs Hun Y Ferns, Director

FERNACRE SOLUTIONS LIMITED Registered Number 04568395

Notes to the Abbreviated Accounts for the period ended 20 October 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 the total invoice value of consultancy services rendered, computer sales and rental income during the period.

Tangible assets depreciation policy
Depreciation is provided using th efollowing rates and bases to reduce by annual instalments the costs, less estimated residual value of the tangible assets over their estimated useful lives:-
Equipment Fixtures & Fittings 25% Straight Line
Buildings rental properties 0%

2Tangible fixed assets

	£
Cost
At 21 October 2014	610,884
Additions	0
Disposals	0
Revaluations	-
Transfers	-
At 20 October 2015	610,884
Depreciation
At 21 October 2014	93,471
Charge for the year	0
On disposals	0
At 20 October 2015	93,471
Net book values
At 20 October 2015	517,413
At 20 October 2014	517,413

As the Net Book Value of Assets all relate to rental Properties no further depreciation needs be calculated.

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2