Fairmont Estates Limited - Abbreviated accounts 16.1
Fairmont Estates Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31st January 2016 |
| for |
| Fairmont Estates Limited |
| Fairmont Estates Limited (Registered number: 04668117) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31st January 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Report of the Accountants | 4 |
| Fairmont Estates Limited |
| Company Information |
| for the Year Ended 31st January 2016 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Fairmont Estates Limited (Registered number: 04668117) |
| Abbreviated Balance Sheet |
| 31st January 2016 |
| 2016 | 2015 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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 financial statements were approved by the director on |
| Fairmont Estates Limited (Registered number: 04668117) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31st January 2016 |
| 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 |
| The turnover represents net invoice sales of property management and consultancy services, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Amounts written off each asset over the estimated useful life represent cost less residual value. |
| Deferred tax |
| Full provision is made for deferred tax assets and liabilities arising from all timing differences between the recognition of |
| gains and losses in the financial statements and the recognition in the tax computation. |
| A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable taxable |
| profits from which the future reversal of the underlying timing differences can be deducted. |
| Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences are |
| expected to reverse. |
| Deferred tax assets and liabilities are not discounted. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. |
| Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. |
| Exchange differences are taken into account in arriving at the operating result. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st February 2015 |
| Additions |
| At 31st January 2016 |
| DEPRECIATION |
| At 1st February 2015 |
| Charge for year |
| At 31st January 2016 |
| NET BOOK VALUE |
| At 31st January 2016 |
| At 31st January 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary Shares | £1 |
| 4. | OVERALL CONTROL |
| The director of the company, A J H Emery, owns 100% of the issued share capital and therefore has control of the company. |
| Fairmont Estates Limited |
| Report of the Accountants to the Director of |
| Fairmont Estates Limited |
| The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited |
| financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) have been prepared. |
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31st January 2016 set out on pages three to seventy three and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 20th October 2016 |