G Farley & Sons Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 01061822 (England and Wales)

G FARLEY & SONS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J W Leveridge

D W Leveridge

Mrs L Rowland

SECRETARY:

J W Leveridge

REGISTERED OFFICE:

167 Turners Hill

Chesthunt

Hertfordshire

EN8 9BH

REGISTERED NUMBER:

01061822 (England and Wales)

ACCOUNTANTS:

Brindley Jacob

Chartered Accountants

167 Turners Hill

Cheshunt

Hertfordshire

EN8 9BH

FIXED ASSETS

Tangible assets

2

813

CURRENT ASSETS

Debtors

12,874

Cash at bank

1,053

13,927

CREDITORS

Amounts falling due within one year

4,013

NET CURRENT ASSETS

9,914

TOTAL ASSETS LESS CURRENT
LIABILITIES

10,727

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

10,627

SHAREHOLDERS' FUNDS

10,727

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 9 September 2016 and were signed on its behalf
by:

J W Leveridge - Director

Mrs L Rowland - 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).

The company was dormant throughout the year ended 31 December 2015. However, reference to information

relating to the year ended 31 December 2014 has been made where appropriate.

Turnover

Turnover represents net invoiced sales of services, 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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

38,020

DEPRECIATION

At 1 January 2015

and 31 December 2015

37,207

NET BOOK VALUE

At 31 December 2015

813

At 31 December 2014

813

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

100

Ordinary

£1

100