Malone and Fox Family Funerals Limited Small abbreviated accounts
Malone and Fox Family Funerals Limited Small abbreviated accounts
COMPANY REGISTRATION NUMBER
SC400496
ABBREVIATED BALANCE SHEET
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2016 |
2015 |
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Note |
£ |
£ |
£ |
£ |
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FIXED ASSETS |
2 |
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Tangible assets |
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CURRENT ASSETS
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Debtors |
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Cash at bank and in hand |
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--------- |
---------- |
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88,913 |
104,155 |
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CREDITORS: Amounts falling due within one year |
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---------- |
---------- |
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NET CURRENT (LIABILITIES)/ASSETS |
(
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---------- |
--------- |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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---------- |
--------- |
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CAPITAL AND RESERVES
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Called up equity share capital |
3 |
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Profit and loss account |
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--------- |
--------- |
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SHAREHOLDERS' FUNDS |
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--------- |
--------- |
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Directors' responsibilities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts were approved by the directors and authorised for issue on
27 June 2017
, and are signed on their behalf by:
Company Registration Number:
SC400496
NOTES TO THE ABBREVIATED ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2016
1.
ACCOUNTING POLICIES
Basis of accounting
Turnover
Fixed assets
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
2.
FIXED ASSETS
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Tangible Assets |
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£ |
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COST
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At 1 October 2015 |
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Additions |
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Disposals |
(
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---------- |
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At 30 September 2016 |
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---------- |
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DEPRECIATION
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At 1 October 2015 |
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Charge for year |
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On disposals |
(
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--------- |
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At 30 September 2016 |
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--------- |
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NET BOOK VALUE
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At 30 September 2016 |
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---------- |
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At 30 September 2015 |
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---------- |
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3.
SHARE CAPITAL
Allotted, called up and fully paid:
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2016 |
2015 |
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No. |
£ |
No. |
£ |
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------- |
------- |
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ACCOUNTANTS' REPORT TO THE DIRECTORS ON THE
PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF
YEAR ENDED 30 SEPTEMBER 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Malone and Fox Family Funerals Limited for the year ended 30 September 2016 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at www.cimaglobal.com.
This report is made solely to the Board of Directors of Malone and Fox Family Funerals Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the abbreviated accounts of Malone and Fox Family Funerals Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Malone and Fox Family Funerals Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Malone and Fox Family Funerals Limited has kept adequate accounting records and to prepare statutory abbreviated accounts that give a true and fair view of the assets, liabilities, financial position and loss of Malone and Fox Family Funerals Limited. You consider that Malone and Fox Family Funerals Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the abbreviated accounts of Malone and Fox Family Funerals Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory abbreviated accounts.