First City (Holdings) Limited - Abbreviated accounts 16.3
First City (Holdings) Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Accounts for the Year Ended 30 April 2016 |
| for |
| First City (Holdings) Limited |
| First City (Holdings) Limited (Registered number: 00589616) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 April 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| First City (Holdings) Limited |
| Company Information |
| for the Year Ended 30 April 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| First City (Holdings) Limited (Registered number: 00589616) |
| Abbreviated Balance Sheet |
| 30 April 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on behalf by: |
| First City (Holdings) Limited (Registered number: 00589616) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 April 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). |
| Preparation of consolidated financial statements |
| The financial statements contain information about First City (Holdings) Limited as an individual |
| company and do not contain consolidated financial information as the parent of a group. The company |
| has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated |
| financial statements. |
| Turnover |
| The turnover shown in the profit and loss account is the amount receivable for the provision of goods |
| and services falling within the Company's activities, net of Value Added Tax, rebates and trade |
| discounts. |
| Turnover from the provision of goods and services are recognised in the accounting period in which |
| the Company obtains the right to consideration in exchange for its performance and when the amounts |
| to be recognised are fixed or determinable and collectability is reasonably assured. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| 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. |
| First City (Holdings) Limited (Registered number: 00589616) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 April 2016 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2015 |
| Additions |
| Disposals | ( |
) |
| At 30 April 2016 |
| DEPRECIATION |
| At 1 May 2015 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 April 2016 |
| NET BOOK VALUE |
| At 30 April 2016 |
| At 30 April 2015 |
| 3. | FIXED ASSET INVESTMENTS |
| Investment |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 May 2015 |
| and 30 April 2016 | 2,855 |
| NET BOOK VALUE |
| At 30 April 2016 |
| At 30 April 2015 |
| The company's investments at the Balance Sheet date in the share capital of companies include the |
| following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary shares | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 242,273 | 231,083 |
| Profit for the year | 111,190 | 770 |
| First City (Holdings) Limited (Registered number: 00589616) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 April 2016 |
| 3. | FIXED ASSET INVESTMENTS - continued |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary shares | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 1,000 | 1,000 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary shares | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 2 | 2 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary shares | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 2 | 2 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary shares | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 1 | 1 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary shares | £1 |