Fulton & Daughters Ltd - Accounts to registrar (filleted) - small 17.3

Fulton & Daughters Ltd - Accounts to registrar (filleted) - small 17.3

FULTON & DAUGHTERS LTD - Company Information

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REGISTERED NUMBER: 06503670 (England and Wales)















Financial Statements for the Year Ended 31 March 2017

for

Fulton & Daughters Ltd
Fulton & Daughters Ltd (Registered number: 06503670)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fulton & Daughters Ltd

Company Information
for the Year Ended 31 March 2017







DIRECTOR: Miss T Fulton





SECRETARY: Streatham Secretarial Limited





REGISTERED OFFICE: Foresters Hall
25/27 Westow Street
Upper Norwood
London
SE19 3RY





REGISTERED NUMBER: 06503670 (England and Wales)





ACCOUNTANTS: Gibsons Financial Limited
Chartered Accountants
Foresters Hall
25/27 Westow Street
Upper Norwood
London
SE19 3RY
Page 1
Fulton & Daughters Ltd (Registered number: 06503670)

Balance Sheet
31 March 2017

31/3/17 31/3/16
Notes £    £   
FIXED ASSETS
Tangible assets 4 550 820

CURRENT ASSETS
Debtors 5 7,947 10,183
Cash at bank 1,478 765
9,425 10,948
CREDITORS
Amounts falling due within one year 6 (6,092 ) (11,666 )
NET CURRENT ASSETS/(LIABILITIES) 3,333 (718 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
3,883
102

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,783 2
SHAREHOLDERS' FUNDS 3,883 102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 notes form part of these financial statements

Page 2 continued...
Fulton & Daughters Ltd (Registered number: 06503670)

Balance Sheet - continued
31 March 2017


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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 17 December 2017 and were signed by:





Miss T Fulton - Director


The notes form part of these financial statements

Page 3
Fulton & Daughters Ltd (Registered number: 06503670)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

Fulton & Daughters Ltd is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company
Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Furniture, fixtures & fittings - 33% on reducing balance
Computer equipment - 33% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4. TANGIBLE FIXED ASSETS
Furniture,
fixtures Computer
& fittings equipment Totals
£    £    £   
COST
At 1 April 2016
and 31 March 2017 310 1,837 2,147
DEPRECIATION
At 1 April 2016 217 1,110 1,327
Charge for year 30 240 270
At 31 March 2017 247 1,350 1,597
NET BOOK VALUE
At 31 March 2017 63 487 550
At 31 March 2016 93 727 820

Page 4 continued...
Fulton & Daughters Ltd (Registered number: 06503670)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/17 31/3/16
£    £   
Trade debtors 2,800 -
Directors' current accounts - 2,963
Taxation 5,147 5,147
Prepayments - 2,073
7,947 10,183

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/17 31/3/16
£    £   
Taxation 4,513 9,842
Other creditors - 61
Other taxes & PAYE 29 28
Accruals 1,446 1,735
Directors' current accounts 104 -
6,092 11,666

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £14,000 were paid to the director .

Page 5