Fedyk Rail Solutions Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08837148 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

FOR

FEDYK RAIL SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R M Fedyk

Mrs M Fedyk

REGISTERED OFFICE:

71 Furniss Avenue

Sheffield

S17 3QJ

REGISTERED NUMBER:

08837148 (England and Wales)

ACCOUNTANTS:

Hodgson & Oldfield

20 Paradise Square

Sheffield

S1 1UA

FIXED ASSETS

Tangible assets

2

919

295

CURRENT ASSETS

Debtors

1,650

14,697

Cash at bank

95,651

51,332

97,301

66,029

CREDITORS

Amounts falling due within one year

96,197

64,950

NET CURRENT ASSETS

1,104

1,079

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,023

1,374

PROVISIONS FOR LIABILITIES

184

59

NET ASSETS

1,839

1,315

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

1,837

1,313

SHAREHOLDERS' FUNDS

1,839

1,315

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 28 October 2016 and were signed on
its behalf by:

R M Fedyk - 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 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 etc

-

33% on cost and 15% 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 where transactions or events that result in an obligation to pay more tax in the

future or a right to pay less tax in the future have occurred at the balance sheet date. Timing

differences are differences between the company's taxable profit or loss and its results as stated in the

financial statements that arise from the inclusion of gains and losses in assessments in periods

different from those in which they are recognised in the financial statements.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

404

Additions

798

At 31 January 2016

1,202

DEPRECIATION

At 1 February 2015

109

Charge for year

174

At 31 January 2016

283

NET BOOK VALUE

At 31 January 2016

919

At 31 January 2015

295

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.16

31.1.15

value:

£

2

Ordinary

£1

2