Falcross Limited - Limited company - abbreviated - 11.0.0
Falcross Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 January 2014 |
| for |
| Falcross Limited |
| Falcross Limited (Registered number: 07510510) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 January 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Falcross Limited |
| Company Information |
| for the Year Ended 31 January 2014 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants and Business Advisors |
| Falcross Limited (Registered number: 07510510) |
| Abbreviated Balance Sheet |
| 31 January 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investment property | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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 were approved by the director on |
| Falcross Limited (Registered number: 07510510) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 January 2014 |
| 1. | ACCOUNTING POLICIES |
| Compliance with accounting standards |
| The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards |
| (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as |
| otherwise stated). |
| 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 invoiced sales of services, excluding value added tax. |
| Investment property |
| Investment properties are included in the balance sheet at their open market value. Depreciation is provided only |
| on those investment properties which are leasehold and where the unexpired lease term is less than 20 years. |
| Although this accounting policy is in accordance with the applicable accounting standard, SSAP 19, Accounting |
| for investment properties, it is a departure from general requirement of the Companies Act 2006 for all tangible |
| assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the |
| financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors |
| reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be |
| separately identified or quantified. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| 2. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| Additions |
| At 31 January 2014 |
| NET BOOK VALUE |
| At 31 January 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted and issued: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Share capital 1 | £1 |