Accounts filed on 31-03-2016

Accounts filed on 31-03-2016

FIRST FOR FLOORS SW LTD - Company Information

Print Friendly Version

FIRST FOR FLOORS SW LTD

Company Registration Number:
08630482 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

FIRST FOR FLOORS SW LTD

Abbreviated Balance sheet

As at 31 March 2016


Notes
2016
£
2015
£
Fixed assets
Tangible assets: 2 5,879 7,823
Total fixed assets: 5,879 7,823
Current assets
Debtors: 3 2,881 2,785
Cash at bank and in hand: 1,422 1,033
Total current assets: 4,303 3,818
Creditors: amounts falling due within one year: 4 ( 14,741 ) ( 20,963 )
Net current assets (liabilities): ( 10,438 ) ( 17,145 )
Total assets less current liabilities: ( 4,559 ) ( 9,322 )
Total net assets (liabilities): ( 4,559 ) ( 9,322 )

The notes form part of these financial statements

FIRST FOR FLOORS SW LTD

Balance sheet continued

As at 31 March 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 5 100 100
Profit and loss account: ( 4,659 ) ( 9,422 )
Shareholders funds: ( 4,559 ) ( 9,322 )

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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 03 September 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Matthew John Harlow
Status: Director

The notes form part of these financial statements

FIRST FOR FLOORS SW LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared on a going concern basis. The directors' consider this to be appropriate as they have given their assurances that they will not seek repayment of amounts due to them to the detriment of other creditors. As at 31 March 2016 the amount due to the directors' amounted to £4617.

    Turnover policy

    Turnover represents net invoiced sales of goods, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its useful life.

    Plant and machinery etc - 20/25/33/50% on a straight line basis

FIRST FOR FLOORS SW LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Tangible assets

    Total
    Cost £
    01 April 2015: 13,161
    Additions: 1,225
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 14,386
    Depreciation
    01 April 2015: 5,338
    Charge for year: 3,169
    On disposals: 0
    Other adjustments: 0
    31 March 2016: 8,507
    Net book value
    31 March 2016: 5,879
    31 March 2015: 7,823

FIRST FOR FLOORS SW LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Debtors


    2016
    £
    2015
    £
    Trade debtors: 1,561 386
    Prepayments and accrued income: 1,320 1,050
    Other debtors: 0 1,349
    Total: 2,881 2,785

FIRST FOR FLOORS SW LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 4. Creditors: amounts falling due within one year


    2016
    £
    2015
    £
    Amounts due under finance leases and hire purchase contracts: 5,189 7,111
    Trade creditors: 4,590 4,616
    Other creditors: 4,962 9,236
    Total: 14,741 20,963

FIRST FOR FLOORS SW LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100