Face2face Holdings Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 05969757 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

FACE2FACE HOLDINGS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Swire

REGISTERED OFFICE:

Independent House

49-51 Church Street

Littleborough

Lancashire

OL15 8AB

REGISTERED NUMBER:

05969757 (England and Wales)

ACCOUNTANTS:

Cresswells

Barclays Bank Chambers

Market Street

Hebden Bridge

West Yorkshire

HX7 6AD

FIXED ASSETS

Investment property

2

196,108

CURRENT ASSETS

Cash at bank

141

33

CREDITORS

Amounts falling due within one year

3

41,896

44,892

NET CURRENT LIABILITIES

(41,755

)

(44,859

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

154,353

151,249

CREDITORS

Amounts falling due after more than
one year

3

140,372

147,801

NET ASSETS

13,981

3,448

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

13,979

3,446

SHAREHOLDERS' FUNDS

13,981

3,448

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 his 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 16 December 2016 and were signed by:

J Swire - 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).

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising

from changes in market value is transferred to a revaluation reserve.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2015

and 31 March 2016

196,108

NET BOOK VALUE

At 31 March 2016

196,108

At 31 March 2015

196,108

3.

CREDITORS

Creditors include an amount of £ 152,372 (2015 - £ 159,801 ) for which security has been given.

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

2016

2015

£

Repayable by instalments

92,372

99,801

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2