Fearnley & Brown Ltd
|
Registered number: |
04757723
|
Abbreviated Balance Sheet |
as at 31 July 2016
|
|
Notes |
|
2016 |
|
2015 |
|
|
|
£ |
£ |
|
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
21,000 |
|
|
2,100 |
Tangible assets |
3 |
|
|
287 |
|
|
413 |
|
|
|
|
21,287 |
|
|
2,513 |
|
Current assets |
Debtors |
|
|
- |
|
|
40 |
Cash at bank and in hand |
|
|
1,533 |
|
|
236 |
|
|
|
1,533 |
|
|
276 |
|
Creditors: amounts falling due within one year |
|
|
(15,111) |
|
|
(10,371) |
|
Net current liabilities |
|
|
|
(13,578) |
|
|
(10,095) |
|
Net assets/(liabilities) |
|
|
|
7,709 |
|
|
(7,582) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
7,609 |
|
|
(7,682) |
|
Shareholder's funds |
|
|
|
7,709 |
|
|
(7,582) |
|
|
|
|
|
|
|
|
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.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges his 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.
|
|
|
|
Mr P R Fearnley |
Director |
Approved by the board on 1 June 2017
|
|
Fearnley & Brown Ltd
|
Notes to the Abbreviated Accounts |
for the year ended 31 July 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 |
25% reducing balance
|
|
Motor vehicles |
25% reducing balance
|
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 August 2015 |
21,000 |
|
At 31 July 2016 |
21,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 August 2015 |
18,900 |
|
Provided during the year |
(18,900) |
|
At 31 July 2016 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2016 |
21,000 |
|
At 31 July 2015 |
2,100 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 August 2015 |
12,210 |
|
At 31 July 2016 |
12,210 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2015 |
11,797 |
|
Charge for the year |
126 |
|
At 31 July 2016 |
11,923 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2016 |
287 |
|
At 31 July 2015 |
413 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
|
|
value |
|
Number |
|
£ |
|
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
5 |
Loans to directors |
|
Description and conditions |
B/fwd |
|
Paid |
|
Repaid |
|
C/fwd |
|
|
£ |
|
£ |
|
£ |
|
£ |
|
0
|
|
Directors loan
|
(3,250) |
|
6,538 |
|
(14,000) |
|
(10,712) |
|
|
|
(3,250) |
|
6,538 |
|
(14,000) |
|
(10,712) |
|
|
|
|
|
|
|
|
|