Falconridge Investments Ltd,Ltd - Accounts

FALCONRIDGE INVESTMENTS LIMITED - Company Information

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Falconridge Investments Ltd

For the year ended 31 July 2016

Abbreviated Report and Financial Statements

England and Wales

Registered Number: 03399732

Contents Page

Falconridge Investments Ltd

For the year ended 31 July 2016

Balance Sheet

Notes to the Abbreviated Financial Statements

Abbreviated Balance Sheet

Falconridge Investments Ltd

As at 31 July 2016

03399732

Registered Number :

2016

Notes

2015

Fixed assets

Tangible assets

238,371

198

238,371

198

Current assets

Debtors

39,222

80,378

Cash at bank and in hand

123,164

1,455

203,542

40,677

Creditors: amounts falling due within one year

(57,348)

(133,798)

(16,671)

69,744

Net current assets

Total assets less current liabilities

308,115

(16,473)

308,115

Net assets/liabilities

(16,473)

Capital and reserves

Called up share capital

100

Profit and loss account

308,015

(16,573)

308,115

(16,473)

Shareholders funds

For the year ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) The director acknowledges her 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.

Date approved by the board: 22 September 2016

Mrs L A Lewis Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

Falconridge Investments Ltd

For the year ended 31 July 2016

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and investment profits.

Tangible fixed assets

Freehold rental property is not depreciated as in the director's opinion its balance sheet cost is not less than its current value. Other fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Office equipment

25% Reducing balance

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

2,915

At 01 August 2015

238,208

Additions

At 31 July 2016

241,123

Depreciation

2,717

At 01 August 2015

Charge for year

2,752

At 31 July 2016

Net book values

At 31 July 2016

238,371

198

At 31 July 2015

3 Debtors:

Other debtors include funds and investments held on behalf of the company by investment brokers.

4 Share capital

Allotted called up and fully paid

2016

2015

100 Ordinary shares of £1.00 each

100

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