Farnaby Projects Limited
|
Registered number: |
06690501
|
Abbreviated Balance Sheet |
as at 31 March 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Investments |
3 |
|
|
21,296 |
|
|
20,071 |
|
Current assets |
Debtors |
|
|
241 |
|
|
2,000 |
Cash at bank and in hand |
|
|
66,025 |
|
|
66,864 |
|
|
|
66,266 |
|
|
68,864 |
|
Creditors: amounts falling due within one year |
|
|
(2,432) |
|
|
(3,172) |
|
Net current assets |
|
|
|
63,834 |
|
|
65,692 |
|
Total assets less current liabilities |
|
|
|
85,130 |
|
|
85,763 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(59) |
|
|
- |
|
|
|
Net assets |
|
|
|
85,071 |
|
|
85,763 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
2 |
|
|
1 |
Profit and loss account |
|
|
|
85,069 |
|
|
85,762 |
|
Shareholders' funds |
|
|
|
85,071 |
|
|
85,763 |
|
|
|
|
|
|
|
|
The directors are 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 directors acknowledge their 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.
|
|
|
|
Judith Lader |
Director |
Approved by the board on 28 October 2016
|
|
Farnaby Projects Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 March 2016
|
|
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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
33% straight line
|
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
7,835 |
|
At 31 March 2016 |
7,835 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
7,835 |
|
At 31 March 2016 |
7,835 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
- |
|
|
|
|
|
|
|
|
3 |
Investments |
£ |
|
|
Cost |
|
At 1 April 2015 |
20,071 |
|
Additions |
1,225 |
|
|
At 31 March 2016 |
21,296 |
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
2 |
|
2 |
|
1 |
|
|
|
|
|
|
|
|
|
Nominal |
Number |
Amount |
value |
£ |
|
Shares issued during the period: |
|
Ordinary shares
|
£1 each |
|
1 |
|
1 |
|
|
|
|
|
|
|