Abbreviated Company Accounts - FOSTERPRICE LTD

Abbreviated Company Accounts - FOSTERPRICE LTD


Registered Number 05427684

FOSTERPRICE LTD

Abbreviated Accounts

31 March 2016

FOSTERPRICE LTD Registered Number 05427684

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Current assets
Debtors - 1,516
Cash at bank and in hand 112,731 100,318
112,731 101,834
Creditors: amounts falling due within one year (47,783) (49,041)
Net current assets (liabilities) 64,948 52,793
Total assets less current liabilities 64,948 52,793
Total net assets (liabilities) 64,948 52,793
Capital and reserves
Called up share capital 2 10 2
Profit and loss account 64,938 52,791
Shareholders' funds 64,948 52,793
  • For the year ending 31 March 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 23 December 2016

And signed on their behalf by:
Gail Michelle Foster, Director

FOSTERPRICE LTD Registered Number 05427684

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents sales of goods and services excluding VAT.

2Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
10 Ordinary shares of £1 each (2 shares for 2015) 10 2

Additional shares allotted in 2015.