Micro-entity Accounts - SARAH-JANE FISHING LIMITED

SARAH-JANE FISHING LIMITED - Company Information

03441516 SARAH-JANE FISHING LIMITED 2017-01-31 false 2016-02-01 2017-01-31 true 03441516 2016-02-01 2017-01-31 03441516 2017-01-31 03441516 2016-01-31 03441516 uk-gaap-cd-bus:Director1 2016-02-01 2017-01-31 03441516 uk-gaap-cd-bus:Director2 2016-02-01 2017-01-31 03441516 uk-gaap-cd-bus:AllEntityOfficers 2016-02-01 2017-01-31 iso4217:GBP shares

Registered Number 03441516

SARAH-JANE FISHING LIMITED

Micro-entity Accounts

31 January 2017

SARAH-JANE FISHING LIMITED Registered Number 03441516

Micro-entity Balance Sheet as at 31 January 2017

	2017	2016
	£	£
Fixed Assets	578,843	578,843
Current Assets	267	175
Creditors: amounts falling due within one year	(1,151,143)	(1,138,724)
Net current assets (liabilities)	(1,150,876)	(1,138,549)
Total assets less current liabilities	(572,033)	(559,706)
Total net assets (liabilities)	(572,033)	(559,706)
Capital and reserves	(572,033)	(559,706)

For the year ending 31 January 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 25 October 2017

And signed on their behalf by:
T A Andrew, Director

SARAH-JANE FISHING LIMITED Registered Number 03441516

Notes to the Micro-entity Accounts for the period ended 31 January 2017

1Accounting Policies

Other accounting policies
Going concern basis of accounting
At the Balance Sheet date, the company's liabilities exceeded its assets. The company has received assurances from its holding company, Medi-Services Limited, that it will continue to give financial support to the company for twelve months from the date of signing these financial statements.

On this basis, the director considers it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of the assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustments to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.