Full Stop Party Events Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07812498 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Full Stop Party Events Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs J Hare

REGISTERED OFFICE:

725-727 Garratt Lane

Tooting

London

SW17 0PD

REGISTERED NUMBER:

07812498 (England and Wales)

ACCOUNTANTS:

Pearson Chartered Accountants

12 Old Park Avenue

Balham

London

SW12 8RH

FIXED ASSETS

Tangible assets

2

2,235

1,179

CURRENT ASSETS

Stocks

2,450

1,800

Debtors

19,097

8,064

Cash at bank

106

3,736

21,653

13,600

CREDITORS

Amounts falling due within one year

16,570

11,808

NET CURRENT ASSETS

5,083

1,792

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,318

2,971

CREDITORS

Amounts falling due after more than one
year

3

10,662

-

NET (LIABILITIES)/ASSETS

(3,344

)

2,971

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

(3,345

)

2,970

SHAREHOLDERS' FUNDS

(3,344

)

2,971

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 7 December 2016 and were signed by:

Mrs J Hare - 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 goods, 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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

2,329

Additions

2,507

At 31 March 2016

4,836

DEPRECIATION

At 1 April 2015

1,150

Charge for year

1,451

At 31 March 2016

2,601

NET BOOK VALUE

At 31 March 2016

2,235

At 31 March 2015

1,179

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.3.16

31.3.15

£

Repayable by instalments

2,492

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

1

Ordinary

£1

1

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2016 and the period

ended 31 March 2015:

31.3.16

31.3.15

£

Mrs J Hare

Balance outstanding at start of year

-

Amounts advanced

5,195

-

Amounts repaid

-

Balance outstanding at end of year

5,195

-