Abbreviated Company Accounts - FERNDOWN FABRICATIONS LIMITED

FERNDOWN FABRICATIONS LIMITED - Company Information

01848053 FERNDOWN FABRICATIONS LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 01848053 2015-10-01 2016-09-30 01848053 2016-09-30 01848053 2015-09-30 01848053 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 01848053 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 01848053

FERNDOWN FABRICATIONS LIMITED

Abbreviated Accounts

30 September 2016

FERNDOWN FABRICATIONS LIMITED Registered Number 01848053

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	12,753	15,091
		12,753	15,091
Current assets
Stocks		9,000	9,000
Debtors		43,037	36,014
Cash at bank and in hand		-	686
		52,037	45,700
Creditors: amounts falling due within one year		(289,484)	(249,985)
Net current assets (liabilities)		(237,447)	(204,285)
Total assets less current liabilities		(224,694)	(189,194)
Creditors: amounts falling due after more than one year		(29,994)	(51,835)
Total net assets (liabilities)		(254,688)	(241,029)
Capital and reserves
Called up share capital	3	1,000	1,000
Share premium account		79	79
Profit and loss account		(255,767)	(242,108)
Shareholders' funds		(254,688)	(241,029)

For the year ending 30 September 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 12 June 2017

And signed on their behalf by:
L Sims Esq, Director

FERNDOWN FABRICATIONS LIMITED Registered Number 01848053

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the financial reporting standard for smaller entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery -15% on reducing balance
Fixtures,fittings & Equipment -15% on reducing balance
Motor vehicles -25% on reducing balance

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.

Going Concern
The directors and shareholders are prepared to support the company and as a result the accounts have been prepared on a going concern basis.

2Tangible fixed assets

	£
Cost
At 1 October 2015	233,562
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	233,562
Depreciation
At 1 October 2015	218,471
Charge for the year	2,338
On disposals	-
At 30 September 2016	220,809
Net book values
At 30 September 2016	12,753
At 30 September 2015	15,091

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

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000