N & C-J Foster Limited - Period Ending 2016-07-31

Registration number: 09697569

N & C-J Foster Limited

Unaudited Abbreviated Accounts

for the Period from 22 July 2015 to 31 July 2016

 

Hallidays
Chartered Accountants
Riverside House
Kings Reach Business Park
Yew Street
Stockport
SK4 2HD

N & C-J Foster Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

N & C-J Foster Limited
(Registration number: 09697569)
Abbreviated Balance Sheet at 31 July 2016

		Note			31 July 2016 £
Current assets
Debtors					8,970
Creditors: Amounts falling due within one year					(10,734)
Net liabilities					(1,764)
Capital and reserves
Called up share capital		2			100
Profit and loss account					(1,864)
Shareholders' deficit					(1,764)

For the year ending 31 July 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 11 April 2017 and signed on its behalf by:

.........................................
Mr N A Foster
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

N & C-J Foster Limited
Notes to the Abbreviated Accounts for the Period from 22 July 2015 to 31 July 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	31 July 2016
		No.			£
ordinary of £1 each		100			100

New shares allotted

During the period 100 ordinary shares having an aggregate nominal value of £100 were allotted for an aggregate consideration of £100.

Page 2

N & C-J Foster Limited
Notes to the Abbreviated Accounts for the Period from 22 July 2015 to 31 July 2016
......... continued

3	Related party transactions

Directors' advances and credits

	22 July 2015 to 31 July 2016 Advance/ Credit £	22 July 2015 to 31 July 2016 Repaid £
Mr N A Foster
Amount loaned to director	4,485	-
Mrs C-J B Foster
Amount loaned to director	4,485	-

Page 3