F.4.K. Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 03962420 (England and Wales)

F.4.K. LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr V R Worley

Mr M Webster

SECRETARY:

Mr M Webster

REGISTERED OFFICE:

60 Fore Street

Hertford

Hertfordshire

SG14 1BY

REGISTERED NUMBER:

03962420 (England and Wales)

FIXED ASSETS

Tangible assets

2

303,740

255,713

CURRENT ASSETS

Debtors

26,154

15,925

Cash at bank and in hand

39,226

31,183

65,380

47,108

CREDITORS

Amounts falling due within one year

3

174,539

175,447

NET CURRENT LIABILITIES

(109,159

)

(128,339

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

194,581

127,374

CREDITORS

Amounts falling due after more than one year

3

(160,219

)

(103,694

)

PROVISIONS FOR LIABILITIES

(573

)

(811

)

NET ASSETS

33,789

22,869

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

33,787

22,867

SHAREHOLDERS' FUNDS

33,789

22,869

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 17 January 2017 and were signed on its behalf by:

Mr V R Worley - 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 invoiced sales, the company income is exempt from 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.

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

33% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

314,348

Additions

56,110

At 30 April 2016

370,458

DEPRECIATION

At 1 May 2015

58,635

Charge for year

8,083

At 30 April 2016

66,718

NET BOOK VALUE

At 30 April 2016

303,740

At 30 April 2015

255,713

3.

CREDITORS

Creditors include an amount of £ 103,491 (30.4.15 - £ 111,792 ) for which security has been given.

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

30.4.16

30.4.15

£

Repayable by instalments

63,001

71,302

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

2

Ordinary

£1

2