Fulton & Daughters Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06503670 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

Fulton & Daughters Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Miss T Fulton

SECRETARY:

Streatham Secretarial Limited

REGISTERED OFFICE:

Foresters Hall

25/27 Westow Street

Upper Norwood

London

SE19 3RY

REGISTERED NUMBER:

06503670 (England and Wales)

ACCOUNTANTS:

Gibsons Financial Limited

Chartered Accountants

Foresters Hall

25/27 Westow Street

Upper Norwood

London

SE19 3RY

FIXED ASSETS

Tangible assets

2

820

1,224

CURRENT ASSETS

Debtors

10,183

25,735

Cash at bank

765

-

10,948

25,735

CREDITORS

Amounts falling due within one year

11,666

15,777

NET CURRENT (LIABILITIES)/ASSETS

(718

)

9,958

TOTAL ASSETS LESS CURRENT
LIABILITIES

102

11,182

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

2

11,082

SHAREHOLDERS' FUNDS

102

11,182

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 20 December 2016 and were signed by:

Miss T Fulton - 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 services, 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.

Furniture, fixtures & fittings

-

33% on reducing balance

Computer equipment

-

33% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

2,147

DEPRECIATION

At 1 April 2015

923

Charge for year

404

At 31 March 2016

1,327

NET BOOK VALUE

At 31 March 2016

820

At 31 March 2015

1,224

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/16

31/3/15

value:

£

100

Ordinary

£1

100