Abbreviated Company Accounts - FIRST UNION MORTGAGES LIMITED

FIRST UNION MORTGAGES LIMITED - Company Information

03732112 FIRST UNION MORTGAGES LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 03732112 2015-09-01 2016-08-31 03732112 2016-08-31 03732112 2015-08-31 03732112 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 03732112 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:Director3 2015-09-01 2016-08-31 uk-gaap-cd-bus:Director3 2016-08-31 uk-gaap-cd-bus:Director3 2015-08-31 uk-gaap-cd-bus:Director4 2015-09-01 2016-08-31 uk-gaap-cd-bus:Director4 2016-08-31 uk-gaap-cd-bus:Director4 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 03732112

FIRST UNION MORTGAGES LIMITED

Abbreviated Accounts

31 August 2016

FIRST UNION MORTGAGES LIMITED Registered Number 03732112

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	17,542	25,164
		17,542	25,164
Current assets
Debtors		130,419	143,475
Cash at bank and in hand		84,905	131,802
		215,324	275,277
Creditors: amounts falling due within one year		(193,471)	(261,072)
Net current assets (liabilities)		21,853	14,205
Total assets less current liabilities		39,395	39,369
Total net assets (liabilities)		39,395	39,369
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		39,295	39,269
Shareholders' funds		39,395	39,369

For the year ending 31 August 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 22 May 2017

And signed on their behalf by:
Meir Plancey, Director

FIRST UNION MORTGAGES LIMITED Registered Number 03732112

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2Tangible fixed assets

	£
Cost
At 1 September 2015	393,774
Additions	3,876
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	397,650
Depreciation
At 1 September 2015	368,610
Charge for the year	11,498
On disposals	-
At 31 August 2016	380,108
Net book values
At 31 August 2016	17,542
At 31 August 2015	25,164

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	Meir Plancey
Description of the transaction:	Interest free loan
Balance at 1 September 2015:	£ 26,433
Advances or credits made:	-
Advances or credits repaid:	-
Balance at 31 August 2016:	£ 26,433

Name of director receiving advance or credit:	Adam Brand
Description of the transaction:	Interest free loan
Balance at 1 September 2015:	£ 26,433
Advances or credits made:	-
Advances or credits repaid:	-
Balance at 31 August 2016:	£ 26,433