1 4 Sale Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09859558

Abbreviated Unaudited Accounts

for the Period 6 November 2015 to 30 November 2016

for

1 4 Sale Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R Robertson

Mrs T M Robertson

REGISTERED OFFICE:

29 Howard Street

North Shields

Tyne and Wear

NE30 1AR

REGISTERED NUMBER:

09859558

ACCOUNTANTS:

Essell Accountants Limited

29 Howard Street

North Shields

Tyne and Wear

NE30 1AR

FIXED ASSETS

Tangible assets

2

890,643

CURRENT ASSETS

Cash at bank

14,652

CREDITORS

Amounts falling due within one year

600

NET CURRENT ASSETS

14,052

TOTAL ASSETS LESS CURRENT LIABILITIES

904,695

CREDITORS

Amounts falling due after more than one year

3

917,958

NET LIABILITIES

(13,263

)

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

(13,265

)

SHAREHOLDERS' FUNDS

(13,263

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 3 August 2017 and were signed on its behalf by:

R Robertson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with

the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

890,643

At 30 November 2016

890,643

NET BOOK VALUE

At 30 November 2016

890,643

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

£

Repayable otherwise than by instalments

528,960

Repayable by instalments

348,998

877,958

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

1

2