Fermain Limited
Fermain Limited
Company Registration No. 06851906 (England and Wales)
Page
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Director
Company Number
Registered Office
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2017
2016
Notes
£
£
Fixed assets
Current assets
Cash at bank and in hand
Net current assets
Total assets less current liabilities
Net liabilities
(82,951 )
(90,655 )
Capital and reserves
Called up share capital
Profit and loss account
(82,953 )
(90,657 )
Shareholders' funds
(82,951 )
(90,655 )
Approved by the Board on 31 December 2017 .
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1
Statutory information
2
Compliance with accounting standards
3
Accounting policies
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
Presentation currency
Tangible fixed assets and depreciation
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 April 2016
At 31 March 2017
Depreciation
At 31 March 2017
Net book value
At 31 March 2017
At 31 March 2016
5
Investments
Subsidiary undertakings
Other investments
Total
£
£
£
Valuation at 1 April 2016
Valuation at 31 March 2017
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6
Debtors
2017
2016
£
£
Trade debtors
Amounts due from group undertakings etc.
7
Creditors: amounts falling due within one year
2017
2016
£
£
Taxes and social security
(1 )
(1 )
8
Creditors: amounts falling due after more than one year
2017
2016
£
£
Bank loans
Trade creditors
Amounts owed to group undertakings and other participating interests
Other creditors
9
Average number of employees
During the year the average number of employees was 0 (2016: 0 ).
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