Ferrar Consulting Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07712896 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Ferrar Consulting Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr P T Ferrar

Mrs J Ferrar

REGISTERED OFFICE:

130 Bournemouth Road

Chandlers Ford

Eastleigh

Hampshire

SO53 3AL

REGISTERED NUMBER:

07712896 (England and Wales)

ACCOUNTANTS:

CBM Accountants Limited

130 Bournemouth Road

Chandler's Ford

Eastleigh

Hampshire

SO53 3AL

FIXED ASSETS

Tangible assets

2

1,885

2,067

CURRENT ASSETS

Debtors

4,624

18,030

Cash at bank

10,683

27,692

15,307

45,722

CREDITORS

Amounts falling due within one year

8,543

23,362

NET CURRENT ASSETS

6,764

22,360

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,649

24,427

PROVISIONS FOR LIABILITIES

37

414

NET ASSETS

8,612

24,013

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

8,512

23,913

SHAREHOLDERS' FUNDS

8,612

24,013

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 directors acknowledge their 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 Board of Directors on 8 September 2016 and were signed on
its behalf by:

Mr P T Ferrar - Director

Mrs J Ferrar - 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.

Office equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

3,676

Additions

872

At 31 December 2015

4,548

DEPRECIATION

At 1 January 2015

1,609

Charge for year

1,054

At 31 December 2015

2,663

NET BOOK VALUE

At 31 December 2015

1,885

At 31 December 2014

2,067

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100