FOXCREST_LIMITED - Accounts

FOXCREST LIMITED - Company Information

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Company Registration No. 03013410 (England and Wales)

FOXCREST LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOXCREST LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

FOXCREST LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

85,823

Current assets

Debtors

757

Cash at bank and in hand

96,486

46,555

97,243

46,600

Creditors: amounts falling due within one year

(21,818)

(9,816)

Net current assets

75,425

36,784

Total assets less current liabilities

161,248

122,607

Capital and reserves

Called up share capital

79,801

79,800

Share premium account

6,480

Profit and loss account

74,967

36,327

Shareholders' funds

161,248

122,607

For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 23 June 2017

C Hilton

Director

Company Registration No. 03013410

FOXCREST LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

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).

1.3

Turnover

Turnover represents ground rents re ceivable.ground rents receivable.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

Freehold interest is not depreciated

Fixed assets

Tangible assets

Cost

At 1 October 2015 & at 30 September 2016

85,823

At 30 September 2015

85,823

Share capital

2016

2015

Allotted, called up and fully paid

79,801 Ordinary shares of £1 each

79,801

79,800

During the year 1 ordinary share of £1 was allotted as part of the lease extension transaction.