Fox Inn Developments Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08521301 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

FOX INN DEVELOPMENTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Directors:

Mrs B A Callaghan

Mrs J Woods

Registered office:

Ayrefield Hall, Ayrefield Road

Roby Mill

Upholland

Wigan

Lancashire

WN8 0QP

Registered number:

08521301 (England and Wales)

Accountants:

NR Barton

19-21 Bridgeman Terrace

Wigan

Lancashire

WN1 1TD

FIXED ASSETS

Tangible assets

2

317,939

11,808

CURRENT ASSETS

Cash at bank

20,540

-

CREDITORS

Amounts falling due within one year

330,463

12,106

NET CURRENT LIABILITIES

(309,923

)

(12,106

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,016

(298

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

8,014

(300

)

SHAREHOLDERS' FUNDS

8,016

(298

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 February 2017 and were signed on its behalf by:

Mrs J Woods - 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).

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

-

no depreciation charged in this period

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 June 2015

11,808

Additions

306,131

At 31 May 2016

317,939

NET BOOK VALUE

At 31 May 2016

317,939

At 31 May 2015

11,808

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

£

2

Ordinary

£1

2

2