Accounts Submission

Accounts Submission

FERNHALL ASSOCIATES LIMITED - Company Information

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FERNHALL ASSOCIATES LIMITED

Company Registration Number:
04479896 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 August 2015

End date: 31 July 2016

FERNHALL ASSOCIATES LIMITED

Abbreviated Balance sheet

As at 31 July 2016


Notes
2016
£
2015
£
Fixed assets
Tangible assets: 2 597 825
Total fixed assets: 597 825
Current assets
Debtors: 4,145 3,189
Cash at bank and in hand: 20
Total current assets: 4,165 3,189
Creditors: amounts falling due within one year: ( 743 ) ( 616 )
Net current assets (liabilities): 3,422 2,573
Total assets less current liabilities: 4,019 3,398
Creditors: amounts falling due after more than one year: ( 3,454 ) ( 3,051 )
Total net assets (liabilities): 565 347

The notes form part of these financial statements

FERNHALL ASSOCIATES LIMITED

Balance sheet continued

As at 31 July 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 3 1 1
Profit and loss account: 564 346
Shareholders funds: 565 347

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.

The financial statements were approved by the Board of Directors on 27 April 2017

SIGNED ON BEHALF OF THE BOARD BY:

Name: Robert Christopher Marson
Status: Director

The notes form part of these financial statements

FERNHALL ASSOCIATES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention.

    Turnover policy

    Turnover consists of invoiced sales, net of Value Added Tax.

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following annual rates in order to write off the assets over their estimated useful lives: Office equipment – 25% straight-line.

    Other accounting policies

    Corporation tax payable is provided on taxable profits at the current rates. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

FERNHALL ASSOCIATES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 2. Tangible assets

    Total
    Cost £
    01 August 2015: 6,603
    Additions: 165
    Disposals: ( 3,074 )
    Revaluations: 0
    Transfers: 0
    31 July 2016: 3,694
    Depreciation
    01 August 2015: 5,778
    Charge for year: 393
    On disposals: ( 3,074 )
    Other adjustments: 0
    31 July 2016: 3,097
    Net book value
    31 July 2016: 597
    31 July 2015: 825

FERNHALL ASSOCIATES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0
    Total share capital (£): 1
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0
    Total share capital (£): 1