Accounts filed on 31-05-2016

Accounts filed on 31-05-2016

FOLEY CONSULTANTS LIMITED - Company Information

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FOLEY CONSULTANTS LIMITED

Company Registration Number:
06602272 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 June 2015

End date: 31 May 2016

FOLEY CONSULTANTS LIMITED

Abbreviated Balance sheet

As at 31 May 2016


Notes
2016
£
2015
£
Fixed assets
Tangible assets: 2 374 467
Total fixed assets: 374 467
Current assets
Debtors: 7,344 6,913
Cash at bank and in hand: 226 441
Total current assets: 7,570 7,354
Creditors: amounts falling due within one year: ( 7,868 ) ( 7,932 )
Net current assets (liabilities): ( 298 ) ( 578 )
Total assets less current liabilities: 76 ( 111 )
Provision for liabilities: ( 74 ) ( 94 )
Total net assets (liabilities): 2 ( 205 )

The notes form part of these financial statements

FOLEY CONSULTANTS LIMITED

Balance sheet continued

As at 31 May 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 3 2 2
Profit and loss account: 0 ( 207 )
Shareholders funds: 2 ( 205 )

For the year ending 31 May 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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 25 January 2017

SIGNED ON BEHALF OF THE BOARD BY:

Name: Dr R K Mitchell
Status: Director

The notes form part of these financial statements

FOLEY CONSULTANTS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The accounts have been prepared under the historical cost convention.

    Turnover policy

    Turnover represents net invoiced sales of goods and services,excluding Value Added Tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided on tangible fixed assets with the aim of writing off the cost,less estimated
    residual value,of each asset over its anticipated useful life on the reducing balance basis as follows:

    Fixtures and fittings: 20%

FOLEY CONSULTANTS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 2. Tangible assets

    Total
    Cost £
    01 June 2015: 1,831
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 May 2016: 1,831
    Depreciation
    01 June 2015: 1,364
    Charge for year: 93
    On disposals: 0
    Other adjustments: 0
    31 May 2016: 1,457
    Net book value
    31 May 2016: 374
    31 May 2015: 467

FOLEY CONSULTANTS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0
    Total share capital (£): 2