Abbreviated Company Accounts - FINEFIELD LTD

Registered Number 04911088

FINEFIELD LTD

Abbreviated Accounts

30 September 2015

FINEFIELD LTD Registered Number 04911088

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,240,117	2,240,117
		2,240,117	2,240,117
Creditors: amounts falling due within one year		(599,967)	(589,491)
Net current assets (liabilities)		(599,967)	(589,491)
Total assets less current liabilities		1,640,150	1,650,626
Creditors: amounts falling due after more than one year		(756,979)	(823,358)
Total net assets (liabilities)		883,171	827,268
Capital and reserves
Called up share capital		1	1
Revaluation reserve		613,772	613,772
Profit and loss account		269,398	213,495
Shareholders' funds		883,171	827,268

For the year ending 30 September 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 23 June 2016

And signed on their behalf by:
Mr D Reich, Director

FINEFIELD LTD Registered Number 04911088

Notes to the Abbreviated Accounts for the period ended 30 September 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 rents and similar charges exclusive of VAT.

Other accounting policies
In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) no provision is made for depreciation in respect of freehold properties or leasehold properties with more than 20 years remaining as investments. This departure from the requirements of the Companies Act 2006, which requires all properties to be depreciated is, in the opinion of the directors, necessary for the accounts to show a true and fair view.

2Tangible fixed assets

	£
Cost
At 1 October 2014	2,240,117
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	2,240,117
Depreciation
At 1 October 2014	-
Charge for the year	-
On disposals	-
At 30 September 2015	-
Net book values
At 30 September 2015	2,240,117
At 30 September 2014	2,240,117