Abbreviated Company Accounts - POWELLS FLORIST LIMITED

POWELLS FLORIST LIMITED - Company Information

05904637 POWELLS FLORIST LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 05904637 2015-10-01 2016-09-30 05904637 2016-09-30 05904637 2015-09-30 05904637 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 05904637 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 05904637

POWELLS FLORIST LIMITED

Abbreviated Accounts

30 September 2016

POWELLS FLORIST LIMITED Registered Number 05904637

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	34,000	34,000
Tangible assets	3	249	332
		34,249	34,332
Current assets
Debtors		4,706	6,168
Cash at bank and in hand		2,768	1,947
		7,474	8,115
Creditors: amounts falling due within one year		(88,560)	(85,447)
Net current assets (liabilities)		(81,086)	(77,332)
Total assets less current liabilities		(46,837)	(43,000)
Total net assets (liabilities)		(46,837)	(43,000)
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		(46,838)	(43,001)
Shareholders' funds		(46,837)	(43,000)

For the year ending 30 September 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 31 October 2016

And signed on their behalf by:
A. Crickmar, Director

POWELLS FLORIST LIMITED Registered Number 05904637

Notes to the Abbreviated Accounts for the period ended 30 September 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant and Equipment 25% per annum reducing balance

2Intangible fixed assets

	£
Cost
At 1 October 2015	34,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	34,000
Amortisation
At 1 October 2015	-
Charge for the year	-
On disposals	-
At 30 September 2016	-
Net book values
At 30 September 2016	34,000
At 30 September 2015	34,000

3Tangible fixed assets

	£
Cost
At 1 October 2015	4,411
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	4,411
Depreciation
At 1 October 2015	4,079
Charge for the year	83
On disposals	-
At 30 September 2016	4,162
Net book values
At 30 September 2016	249
At 30 September 2015	332

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1