Flowermac Of New Covent Garden Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08772260

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

FLOWERMAC OF NEW COVENT GARDEN LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D J MacQuire

SECRETARY:

R Groves

REGISTERED OFFICE:

90 Mayfield Road

Sanderstead

Surrey

CR2 0BF

REGISTERED NUMBER:

08772260

ACCOUNTANTS:

Andrew Cross & Co.

Plaza Building

Lee High Road

Lewisham

London

SE13 5PT

FIXED ASSETS

Tangible assets

2

1,630

2,173

CURRENT ASSETS

Stocks

650

550

Debtors

404

Cash at bank and in hand

100

452

1,154

1,406

CREDITORS

Amounts falling due within one year

1,753

840

NET CURRENT (LIABILITIES)/ASSETS

(599

)

566

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,031

2,739

CREDITORS

Amounts falling due after more than one
year

21,681

21,901

NET LIABILITIES

(20,650

)

(19,162

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(20,652

)

(19,164

)

SHAREHOLDERS' FUNDS

(20,650

)

(19,162

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 21 July 2016 and were signed by:

D J MacQuire - 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 January 2015).

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.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

3,000

DEPRECIATION

At 1 January 2015

827

Charge for year

543

At 31 December 2015

1,370

NET BOOK VALUE

At 31 December 2015

1,630

At 31 December 2014

2,173

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1

2