Abbreviated Company Accounts - KEITH MCCULLOUGH FISHING COMPANY LIMITED

KEITH MCCULLOUGH FISHING COMPANY LIMITED - Company Information

NI606871 KEITH MCCULLOUGH FISHING COMPANY LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true NI606871 2015-04-01 2016-03-31 NI606871 2016-03-31 NI606871 2015-03-31 NI606871 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 NI606871 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number NI606871

KEITH MCCULLOUGH FISHING COMPANY LIMITED

Abbreviated Accounts

31 March 2016

KEITH MCCULLOUGH FISHING COMPANY LIMITED Registered Number NI606871

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	10,811	12,210
		10,811	12,210
Current assets
Debtors		80	93
Cash at bank and in hand		44,418	5,308
		44,498	5,401
Creditors: amounts falling due within one year		(44,989)	(13,111)
Net current assets (liabilities)		(491)	(7,710)
Total assets less current liabilities		10,320	4,500
Provisions for liabilities		(947)	(959)
Total net assets (liabilities)		9,373	3,541
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		9,273	3,441
Shareholders' funds		9,373	3,541

For the year ending 31 March 2016 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 July 2016

And signed on their behalf by:
Keith McCullough, Director

KEITH MCCULLOUGH FISHING COMPANY LIMITED Registered Number NI606871

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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, excluding value added tax, of sales made during the year

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery - 10% Reducing Balance
Fixtures, fittings and equipment - 25% Reducing Balance
Motor vehicles - 25% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	20,368
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	20,368
Depreciation
At 1 April 2015	8,158
Charge for the year	1,399
On disposals	-
At 31 March 2016	9,557
Net book values
At 31 March 2016	10,811
At 31 March 2015	12,210

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100