French Private Finance Ltd Small abbreviated accounts

PRIVATE FINANCE GROUP UK LTD - Company Information

FY Private Limited Company Company accounts 2016-09-05 2016-09-05 false true false false false false false false false false false false true true 2015-01-01 true xbrli:pure xbrli:shares iso4217:GBP 05806456 2015-01-01 2015-12-31 05806456 2015-12-31 05806456 2014-12-31 05806456 2014-12-31 05806456 uk-gaap:PlantMachinery 2015-01-01 2015-12-31 05806456 uk-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 05806456 uk-bus:Director2 2015-01-01 2015-12-31 05806456 uk-gaap:AllSubsidiaries 2015-01-01 2015-12-31 05806456 uk-bus:OrdinaryShareClass1 2015-12-31 05806456 uk-bus:OrdinaryShareClass1 2014-12-31 05806456 uk-lang:English 2015-01-01 2015-12-31 05806456 uk-curr:PoundSterling 2015-01-01 2015-12-31

COMPANY REGISTRATION NUMBER 05806456

FRENCH PRIVATE FINANCE LTD

ABBREVIATED ACCOUNTS

31 December 2015

FRENCH PRIVATE FINANCE LTD

ABBREVIATED BALANCE SHEET

31 December 2015

	2015	2014
Note	£	£	£
FIXED ASSETS	2
Tangible assets		4,436	2,652
		-------	-------

CURRENT ASSETS

Debtors	136,904	102,769
Cash at bank and in hand	56,403	-
	----------	----------
	193,307	102,769

PREPAYMENTS AND ACCRUED INCOME	-		50,488
	----------		----------
	193,307		153,257
CREDITORS: Amounts falling due within one year	41,285		89,016
	----------		----------
NET CURRENT ASSETS		152,022	64,241
		----------	---------
TOTAL ASSETS LESS CURRENT LIABILITIES		156,458	66,893
		----------	---------

CAPITAL AND RESERVES

Called up equity share capital	3		1,571	1,571
Profit and loss account		154,887	65,322
		----------	---------
SHAREHOLDERS' FUNDS		156,458	66,893
		----------	---------

For the year ended 31 December 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 accounts for the year in question in accordance with section 476; and

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

These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These abbreviated accounts were approved by the directors and authorised for issue on 9 August 2016 , and are signed on their behalf by:

John Busby John Busby Director

Company Registration Number: 05806456

FRENCH PRIVATE FINANCE LTD

NOTES TO THE ABBREVIATED ACCOUNTS

YEAR ENDED 31 DECEMBER 2015

1. ACCOUNTING POLICIES

Basis of accounting

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

Turnover

The turnover shown in the profit and loss account represents amounts earned during the period, exclusive of Value Added Tax.

Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery-20% straight line

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

2. FIXED ASSETS

	Tangible Assets
	£

COST

At 1 January 2015	8,518
Additions	4,359
	---------
At 31 December 2015	12,877
	---------

DEPRECIATION

At 1 January 2015	5,866
Charge for year	2,575
	-------
At 31 December 2015	8,441
	-------

NET BOOK VALUE

At 31 December 2015	4,436
	-------

At 31 December 2014	2,652
	-------

3. SHARE CAPITAL

Allotted, called up and fully paid:

2015	2014
No	£	No	£
Ordinary shares of £ 1 each	1,571	1,571	1,571	1,571
	-------	-------	-------	-------