Abbreviated Company Accounts - FIRST EDITION TRANSLATIONS LIMITED

Abbreviated Company Accounts - FIRST EDITION TRANSLATIONS LIMITED

FIRST EDITION TRANSLATIONS LIMITED - Company Information

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Registered Number 02520431

FIRST EDITION TRANSLATIONS LIMITED

Abbreviated Accounts

30 September 2016

FIRST EDITION TRANSLATIONS LIMITED Registered Number 02520431

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 5,911 10,360
Investments 3 - 20,000
5,911 30,360
Current assets
Debtors 136,399 184,467
Cash at bank and in hand 100,552 43,492
236,951 227,959
Creditors: amounts falling due within one year (165,160) (201,612)
Net current assets (liabilities) 71,791 26,347
Total assets less current liabilities 77,702 56,707
Total net assets (liabilities) 77,702 56,707
Capital and reserves
Called up share capital 107 107
Share premium account 12,418 12,418
Profit and loss account 65,177 44,182
Shareholders' funds 77,702 56,707
  • For the year ending 30 September 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their 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.

Approved by the Board on 29 November 2016

And signed on their behalf by:
Colin Worboys, Director

FIRST EDITION TRANSLATIONS LIMITED Registered Number 02520431

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial accounts have been prepared under the historical cost convention and in accordance with FRS 102 section 1A, the Financial Reporting Standard applicable in the UK and Republic of Ireland.

2Tangible fixed assets
£
Cost
At 1 October 2015 51,012
Additions 3,714
Disposals (17,500)
Revaluations -
Transfers -
At 30 September 2016 37,226
Depreciation
At 1 October 2015 40,652
Charge for the year 6,649
On disposals (15,986)
At 30 September 2016 31,315
Net book values
At 30 September 2016 5,911
At 30 September 2015 10,360

3Fixed assets Investments
Disposal of investment asset at net book value