Fara Berry Designs Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06975816 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

Fara Berry Designs Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

F Berry

P N Berry

SECRETARY:

P N Berry

REGISTERED OFFICE:

48A Coolhurst Road

London

N8 8EU

REGISTERED NUMBER:

06975816 (England and Wales)

ACCOUNTANTS:

Godfrey Accounting

Chartered Accountants

3 Litchfield Way

Guildford

Surrey

GU2 7QL

CURRENT ASSETS

Debtors

491

-

Cash at bank

839

389

1,330

389

CREDITORS

Amounts falling due within one year

1,271

2,337

NET CURRENT ASSETS/(LIABILITIES)

59

(1,948

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

59

(1,948

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

58

(1,949

)

SHAREHOLDERS' FUNDS

59

(1,948

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 13 March 2017 and were signed on its
behalf by:

F Berry - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of

service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Deferred tax

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

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

1,060

DEPRECIATION

At 1 August 2015

and 31 July 2016

1,060

NET BOOK VALUE

At 31 July 2016

-

At 31 July 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

1

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2016 and

31 July 2015:

2016

2015

£

F Berry

Balance outstanding at start of year

(356

)

644

Amounts advanced

4,729

-

Amounts repaid

(3,882

)

(1,000

)

Balance outstanding at end of year

491

(356

)

The advance to F Berry was fully repaid within 9 months of 31 July 2016.