Falconridge Investments Ltd,Ltd - AccountsLtd - Accounts

Falconridge Investments Ltd,Ltd - AccountsLtd - Accounts

FALCONRIDGE INVESTMENTS LIMITED - Company Information

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2016-08-01 03399732 2017-07-31 03399732 2016-08-01 2017-07-31 03399732 2016-07-31 03399732 2015-08-01 2016-07-31 03399732 uk-core:WithinOneYear 2016-07-31 03399732 uk-core:WithinOneYear 2017-07-31 03399732 uk-core:ShareCapital 2017-07-31 03399732 uk-core:ShareCapital 2016-07-31 03399732 uk-core:RetainedEarningsAccumulatedLosses 2017-07-31 03399732 uk-core:RetainedEarningsAccumulatedLosses 2016-07-31 03399732 uk-bus:Director1 2016-08-01 2017-07-31 03399732 uk-core:OfficeEquipment 2016-08-01 2017-07-31 03399732 uk-core:OfficeEquipment 2016-07-31 03399732 uk-core:InvestmentPropertyIncludedWithinPPE 2016-07-31 03399732 uk-core:InvestmentPropertyIncludedWithinPPE 2017-07-31 03399732 uk-core:OfficeEquipment 2017-07-31 03399732 uk-core:InvestmentPropertyIncludedWithinPPE 2016-08-01 2017-07-31 iso4217:GBP 03399732 uk-bus:AuditExemptWithAccountantsReport 2016-08-01 2017-07-31 03399732 uk-bus:FRS102 2016-08-01 2017-07-31 03399732 uk-bus:FullAccounts 2016-08-01 2017-07-31 03399732 uk-bus:PrivateLimitedCompanyLtd 2016-08-01 2017-07-31
Falconridge Investments Ltd
Registered Number:03399732
For the year ended 31 July 2017
England and Wales
Report of the Director and Financial Statements
2
For the year ended 31 July 2017
Falconridge Investments Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 July 2017
Falconridge Investments Ltd
Statement of Financial Position
Registered Number :
03399732
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
238,342
238,371
2
238,342
238,371
Current assets
Trade and other receivables
80,378
59,440
3
123,164
Cash and cash equivalents
10,564
70,004
203,542
Trade and other payables: amounts falling due within one
year
(133,798)
(17,308)
4
69,744
52,696
Net current assets
Total assets less current liabilities
291,038
308,115
291,038
Net assets
308,115
Capital and reserves
Called up share capital
100
100
Retained earnings
290,938
308,015
291,038
308,115
Shareholders' funds
For the year ended 31 July 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
Mrs L A Lewis Director
These financial statements were approved and authorised for issue by the Board on 06 December 2017 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 July 2017
Falconridge Investments Ltd
Notes to the Financial Statements
Statutory Information
Falconridge Investments Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 03399732.
Registered address:
59A North Street
Nailsea
Bristol
BS48 4BS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax.
Property, plant and equipment
Tangible fixed assets, other than freehold property, are stated at cost less depreciation. Freehold property is stated at cost. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Office equipment
25% Reducing balance
2. Property, plant and equipment
Total
Office
equipment
Freehold
rental property
£
£
£
Cost or
valuation
At 01 August 2016
241,123
2,915
238,208
At 31 July 2017
238,208
2,915
241,123
Provision for depreciation and impairment
At 01 August 2016
2,752
2,752
-
Charge for year
29
29
-
At 31 July 2017
2,781
2,781
-
At 31 July 2017
Net book value
238,208
134
238,342
At 31 July 2016
238,208
163
238,371
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5
For the year ended 31 July 2017
Falconridge Investments Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2016
2017
£
£
Other debtors
59,440
80,378
Other debtors include funds and investments held on behalf of the company by investment brokers.
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Trade creditors
1,462
1,505
Taxation and social security
15,193
124,183
Other creditors
653
8,110
17,308
133,798
5. Related party transactions
The company's ultimate controlling party is Mrs L A Lewis.
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