FERNCLIFFE_FREEHOLD_LIMIT - Accounts

FERNCLIFFE FREEHOLD LIMITED - Company Information

Print Friendly Version

Company Registration No. 07430618 (England and Wales)

FERNCLIFFE FREEHOLD LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2015

FERNCLIFFE FREEHOLD LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

FERNCLIFFE FREEHOLD LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 NOVEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

43,202

Current assets

Cash at bank and in hand

1,946

1,915

Creditors: amounts falling due within one year

(1,175)

(1,171)

Net current assets

771

744

Total assets less current liabilities

43,973

43,946

Creditors: amounts falling due after more than one year

(42,018)

1,955

1,928

Capital and reserves

Profit and loss account

1,955

1,928

Shareholders' funds

1,955

1,928

For the financial year ended 30 November 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 6 July 2016

Mr Miles Farren

Director

Company Registration No. 07430618

FERNCLIFFE FREEHOLD LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts of ground rent due and receivable.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

No depreciation is provided in respect of freehold land.

Fixed assets

Tangible assets

Cost

At 1 December 2014 & at 30 November 2015

43,202

At 30 November 2014

43,202