Freelance Euro Services (MMCCXVII) Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: SC307117 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 5 April 2016

for

FREELANCE EURO SERVICES (MMCCXVII)

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P McEldowney

SECRETARY:

Ms D McAteer

REGISTERED OFFICE:

2nd Floor

Thistle House

24 Thistle Street

Aberdeen

AB10 1XD

REGISTERED NUMBER:

SC307117 (Scotland)

ACCOUNTANTS:

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2nd Floor

Thistle House

24 Thistle Street

Aberdeen

AB10 1XD

CURRENT ASSETS

Debtors

(12,578

)

11,580

Prepayments and accrued income

11,089

6,179

Cash at bank

210,514

180,696

209,025

198,455

CREDITORS

Amounts falling due within one year

45,612

44,854

NET CURRENT ASSETS

163,413

153,601

TOTAL ASSETS LESS CURRENT LIABILITIES

163,413

153,601

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

163,313

153,501

SHAREHOLDERS' FUNDS

163,413

153,601

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 19 December 2016 and were signed by:

P McEldowney - 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 amounts receivable for services net of VAT.

Foreign currencies

Transactions in foreign currencies are recorded at the rate ruling at the date of the transactions or at a contracted

rate. The resulting monetary assets and liabilities are translated at the balance sheet rate or the contracted rate

and the exchange differences are dealt with in the profit and loss account.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary shares

£1.00

100

100

3.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P McEldowney.