Folkes & Campbell - Accounts to registrar - small 16.3

REGISTERED NUMBER: 03263386 (England and Wales)

FOLKES & CAMPBELL

ACCOUNTANCY SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2016

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs J. A. Meredith

Mrs T. Smith

SECRETARY:

Mr N.C. Smith BSc(Hons) FCA

REGISTERED OFFICE:

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

REGISTERED NUMBER:

03263386 (England and Wales)

ACCOUNTANTS:

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

BANKERS:

HSBC Bank plc

114 High Street

Stourbridge

West Midlands

DY8 1DZ

CURRENT ASSETS

Debtors

2

18,894

38,842

Cash at bank

15,109

8,576

34,003

47,418

CREDITORS

Amounts falling due within one year

3

33,257

47,082

NET CURRENT ASSETS

746

336

TOTAL ASSETS LESS CURRENT LIABILITIES

746

336

CAPITAL AND RESERVES

Called up share capital

4

108

108

Profit and loss account

5

638

228

SHAREHOLDERS' FUNDS

746

336

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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 January 2017 and were signed on its behalf by:

Mrs T. Smith - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net sales of goods/services, excluding value added tax

Deferred tax

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

sheet date.

2.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

18,894

14,077

Amounts owed by group undertakings

-

24,765

18,894

38,842

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Amounts owed to group undertakings

3,654

-

Taxation and social security

7,602

7,373

Other creditors

22,001

39,709

33,257

47,082

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100

8

Ordinary 'A'

£1

8

8

108

108

5.

RESERVES

Profit

and loss

account

£

At 1 May 2015

228

Profit for the year

30,410

Dividends

(30,000

)

At 30 April 2016

638