FEATHERBAY LIMITED Company Accounts
FEATHERBAY LIMITED Company Accounts
COMPANY REGISTRATION NUMBER:
04057640
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Financial Statements |
Year ended 31 March 2017
Contents |
Page |
Statement of financial position |
1 |
Statement of changes in equity |
3 |
Notes to the financial statements |
4 |
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Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
4 |
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Investments |
5 |
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Current assets
Debtors |
6 |
– |
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Creditors: amounts falling due within one year |
7 |
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Net current liabilities |
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Total assets less current liabilities |
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Provisions
Taxation including deferred tax |
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Net assets |
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Capital and reserves
Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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Members funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
18 December 2017
, and are signed on behalf of the board by:
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Director |
Company registration number:
04057640
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Statement of Changes in Equity |
Year ended 31 March 2017
Called up share capital |
Revaluation reserve |
Profit and loss account |
Total |
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Note |
£ |
£ |
£ |
£ |
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At 1 April 2015 (as previously reported) |
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Effects of changes in accounting policies |
– |
(82,255) |
– |
(82,255) |
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At 1 April 2015 (restated) |
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Profit for the year |
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Total comprehensive income for the year |
– |
– |
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Dividends paid and payable |
– |
– |
(
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(
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Total investments by and distributions to owners |
– |
– |
(
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(
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At 31 March 2016 |
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Profit for the year |
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Other comprehensive income for the year: |
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Revaluation of tangible assets |
4 |
– |
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– |
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Reclassification from revaluation reserve to profit and loss account |
– |
– |
(
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(
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Total comprehensive income for the year |
– |
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Dividends paid and payable |
– |
– |
(
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(
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---- |
---- |
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Total investments by and distributions to owners |
– |
– |
(
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(
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At 31 March 2017 |
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Notes to the Financial Statements |
Year ended 31 March 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallswelle House, 1 Hallswelle Road, Lindon, NW11 0DH.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & machinery |
- |
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Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
Provisions
4.
Tangible assets
Land and buildings |
Plant and machinery |
Total |
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£ |
£ |
£ |
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Cost or valuation |
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At 1 April 2016 |
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Revaluations |
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– |
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At 31 March 2017 |
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Depreciation |
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At 1 April 2016 and 31 March 2017 |
– |
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Carrying amount |
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At 31 March 2017 |
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– |
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At 31 March 2016 |
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– |
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5.
Investments
Other investments other than loans |
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£ |
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Cost |
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At 1 April 2016 and 31 March 2017 |
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Impairment |
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At 1 April 2016 and 31 March 2017 |
– |
---- |
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Carrying amount |
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At 31 March 2017 |
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---- |
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6.
Debtors
2017 |
2016 |
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£ |
£ |
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Other debtors |
– |
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------- |
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7.
Creditors:
amounts falling due within one year
2017 |
2016 |
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£ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Corporation tax |
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Other creditors |
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8.
Related party transactions
The company was under the control of Mr A.Ackerman throughout the current and previous year.