Company Registration No. 01730854 (England and Wales)
FERRY MANAGEMENT SERVICES LIMITED
Unaudited accounts
for the year ended 30 June 2017
FERRY MANAGEMENT SERVICES LIMITED
Unaudited accounts
Contents
FERRY MANAGEMENT SERVICES LIMITED
Company Information
for the year ended 30 June 2017
Company Number
01730854 (England and Wales)
Registered Office
10 CHISWELL STREET
LONDON
EC1Y 4XY
FERRY MANAGEMENT SERVICES LIMITED
Statement of financial position
as at
30 June 2017
Tangible assets
3,439
6,074
Investments
85,425
85,425
Cash at bank and in hand
808,074
813,967
Creditors: amounts falling due within one year
(2,483)
(1,097)
Net current assets
810,703
813,412
Total assets less current liabilities
899,567
904,911
Creditors: amounts falling due after more than one year
(846,106)
(779,704)
Net assets
53,461
125,207
Called up share capital
5,000
5,000
Profit and loss account
48,461
120,207
Shareholders' funds
53,461
125,207
For the year ending 30 June 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 2 August 2017.
W T Moses
Director
Company Registration No. 01730854
FERRY MANAGEMENT SERVICES LIMITED
Notes to the Accounts
for the year ended 30 June 2017
FERRY MANAGEMENT SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01730854. The registered office and principal place of business is 10 CHISWELL STREET, LONDON, EC1Y 4XY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 June 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
FERRY MANAGEMENT SERVICES LIMITED
Notes to the Accounts
for the year ended 30 June 2017
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Charge for the year
4,175
5
Investments
Other investments
Valuation at 1 July 2016
85,425
Valuation at 30 June 2017
85,425
7
Creditors: amounts falling due within one year
2017
2016
Other creditors
2,483
1,097
8
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
846,106
779,704
9
Share capital
2017
2016
Allotted, called up and fully paid:
5,000 Ordinary shares of £1 each
5,000
5,000
10
Average number of employees
During the year the average number of employees was 0 (2016: 0).