The Fingersmiths Limited - Abbreviated accounts

The Fingersmiths Limited - Abbreviated accounts


Registered number
05640333
The Fingersmiths Limited
Abbreviated Accounts
30 November 2013
The Fingersmiths Limited
Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of The Fingersmiths Limited for the year ended 30 November 2013
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of The Fingersmiths Limited for the year ended 30 November 2013 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook.
This report is made solely to the Board of Directors of The Fingersmiths Limited, as a body, in accordance with the terms of our engagement letter dated 11 March 2013. Our work has been undertaken solely to prepare for your approval the accounts of The Fingersmiths Limited and state those matters that we have agreed to state to the Board of Directors of The Fingersmiths Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Fingersmiths Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that The Fingersmiths Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Fingersmiths Limited. You consider that The Fingersmiths Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of The Fingersmiths Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts.
Jeremy Draper Ltd
Chartered Accountants
Glan-yr-Afon
Clocaenog
Ruthin
North Wales LL15 2BB
13 August 2014
The Fingersmiths Limited
Registered number: 05640333
Abbreviated Balance Sheet
as at 30 November 2013
Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 700 134
Current assets
Cash at bank and in hand 43,584 8,901
Creditors: amounts falling due within one year (43,484) (8,940)
Net current assets/(liabilities) 100 (39)
Net assets 800 95
Capital and reserves
Called up share capital 3 3 3
Profit and loss account 797 92
Shareholders' funds 800 95
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her 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 provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Jeni Draper
Director
Approved by the board on 13 August 2014
The Fingersmiths Limited
Notes to the Abbreviated Accounts
for the year ended 30 November 2013
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover represents grants received from Arts Council England and others.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% on reducing balance
2 Tangible fixed assets £
Cost
At 1 December 2012 750
Additions 800
At 30 November 2013 1,550
Depreciation
At 1 December 2012 616
Charge for the year 234
At 30 November 2013 850
Net book value
At 30 November 2013 700
At 30 November 2012 134
3 Share capital Nominal 2013 2013 2012
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 3 3 3
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