Angela Faulkner Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07700511 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2016

for

Angela Faulkner Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs A Faulkner

SECRETARY:

Mrs A Faulkner

REGISTERED OFFICE:

Misty Meadows

Oil Mill Lane

Bucknell

Shropshire

SY7 0EW

REGISTERED NUMBER:

07700511 (England and Wales)

ACCOUNTANTS:

NSE Tax Limited

3 Blackwell Road

Barnt Green

Worcestershire

B45 8BT

CURRENT ASSETS

Stocks

15,342

15,450

Debtors

931

901

Cash at bank

-

1,263

16,273

17,614

CREDITORS

Amounts falling due within one year

12,845

52,283

NET CURRENT ASSETS/(LIABILITIES)

3,428

(34,669

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,428

(34,669

)

CAPITAL AND RESERVES

Called up share capital

2

1

1

Profit and loss account

3,427

(34,670

)

SHAREHOLDERS' FUNDS

3,428

(34,669

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 18 January 2017 and were signed by:

Mrs A Faulkner - 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.

Stocks

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

for obsolete and slow moving items.

Deferred tax

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

reversed at the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

£

1

Ordinary

£1

1

1

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31 August 2016 the company owes the directors £46 (2015 - credit £96).