Frances Kelly Consulting Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06945675 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Frances Kelly Consulting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms F C Kelly

SECRETARY:

Miss H Hopkins

REGISTERED OFFICE:

C/O Tallents Solicitors

3 Middlegate

Newark

Nottinghamshire

NG24 1AQ

REGISTERED NUMBER:

06945675 (England and Wales)

ACCOUNTANTS:

Franklin Underwood

1 Pinnacle Way

Pride Park

Derby

Derbyshire

DE24 8ZS

CURRENT ASSETS

Debtors

92,654

191,636

Cash at bank

27,106

248

119,760

191,884

CREDITORS

Amounts falling due within one year

48,426

1,661

NET CURRENT ASSETS

71,334

190,223

TOTAL ASSETS LESS CURRENT LIABILITIES

71,334

190,223

CAPITAL AND RESERVES

Called up share capital

2

1

1

Revaluation of partnership

property

(19,834

)

(19,834

)

Profit and loss account

91,167

210,056

SHAREHOLDERS' FUNDS

71,334

190,223

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 24 November 2016 and were signed by:

Ms F C Kelly - 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 consultancy income.

2.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2016

2015

value:

£

£

200

Share capital 1

£1

1

1

199 Ordinary shares of £1 were issued during the year for cash of £ 199 .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2016 and 30 April 2015:

2016

2015

£

£

Ms F C Kelly

Balance outstanding at start of year

29,418

3,252

Amounts advanced

72,834

53,133

Amounts repaid

(147,840

)

(26,967

)

Balance outstanding at end of year

(45,588

)

29,418

Interest was charged at a rate of 3% per annum on any overdrawn balances.