Abbreviated Company Accounts - FHG LIMITED

Registered Number 04848335

FHG LIMITED

Abbreviated Accounts

31 July 2014

FHG LIMITED Registered Number 04848335

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	31,931	31,931
		31,931	31,931
Current assets
Cash at bank and in hand		43,266	39,684
		43,266	39,684
Creditors: amounts falling due within one year		(33,906)	(34,115)
Net current assets (liabilities)		9,360	5,569
Total assets less current liabilities		41,291	37,500
Total net assets (liabilities)		41,291	37,500
Capital and reserves
Called up share capital		21	21
Profit and loss account		41,270	37,479
Shareholders' funds		41,291	37,500

For the year ending 31 July 2014 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 13 October 2014

And signed on their behalf by:
G.A. Jones, Director

FHG LIMITED Registered Number 04848335

Notes to the Abbreviated Accounts for the period ended 31 July 2014

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 which all arises within the UK, and is related to the principal activity, is stated net of value added tax and refunds.

Tangible assets depreciation policy
Depreciation is principally calculated to write off the cost of an asset over its estimated useful life. In accordance with the Financial Reporting Standard for Smaller Entities, no provision is provided in respect of the freehold investment property. This represents a departure from the Companies Act 2006 requirements concerning the depreciation of fixed assets. The director considers that the adoption of this policy is necessary to give a true and fair view.

2Tangible fixed assets

	£
Cost
At 1 August 2013	31,931
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	31,931
Depreciation
At 1 August 2013	-
Charge for the year	-
On disposals	-
At 31 July 2014	-
Net book values
At 31 July 2014	31,931
At 31 July 2013	31,931