Fiona Wills Accountancy Services Limited
|
For the year ended 30 June 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07694560
Fiona Wills Accountancy Services Limited
For the year ended 30 June 2015
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
Accountants' Report
For the year ended 30 June 2015
Fiona Wills Accountancy Services Limited
In order to assist you to fulfil your duties under Companies Act
2006
,
we have prepared for your approval the
|
accounts of Fiona Wills Accounting Services Limited for the year ended
30
June
2015
which comprise the Profit
|
and Loss Account
,
the Balance Sheet and the related notes from the company
'
s accounting records and from
|
information and explanations you have given us
.
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As a practising firm of the Association of Chartered Certified Accountants
,
we are subject to its ethical and other
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professional requirements which are detailed at http
://
rulebook
.
accaglobal
.
com
.
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This report is made solely to the Board of Directors of Fiona Wills Accounting Services Limited
,
as a body
,
in
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accordance with the terms of our engagement letter dated
5
July
2011
.
Our work has been undertaken solely to
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prepare for your approval the accounts of Fiona Wills Accounting Services Limited and state those matters that we
|
have agreed to state to the Board of Directors of Fiona Wills Accounting Services Limited
,
as a body
,
in this report
|
in accordance with the requirements of the Association of Chartered Certified Accountants and as detailed at
|
http
://
www
.
accaglobal
.
com
/
factsheet
163
.
To the fullest extent permitted by law
,
we do not accept or assume
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responsibility to anyone other than Fiona Wills Accounting Services Limited and its Board of Directors as a body for
|
our work or for this report
.
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It is your duty to ensure that Fiona Wills Accounting Services 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
|
Fiona Wills Accounting Services Limited
.
You consider that Fiona Wills Accounting Services Limited is exempt from
|
the statutory audit requirement for the year
.
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Fiona Wills Accountancy Services
Unit 3, Pixel Mill
44 Appleby Road
Kendal
Cumbria
LA9 6ES
1 of 4
Abbreviated Balance Sheet
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Fiona Wills Accountancy Services Limited
2015
2014
2
4,320
1,428
4,320
1,428
5,902
4,066
3
10,440
16,268
4,420
3,758
24,754
20,100
Creditors
:
amounts falling due within one year
|
(20,999)
(28,408)
(899)
(3,654)
Net current liabilities
Total assets less current liabilities
|
666
529
(481)
(93)
Provisions for liabilities
|
185
Net assets
436
1
4
1
184
435
185
436
Shareholders funds
For the year ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
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2) The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
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These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
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Date approved by the board: 14 December 2015
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Signed on behalf of the board of directors
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2 of 4
Notes to the Abbreviated Financial Statements
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For the year ended 30 June 2015
Fiona Wills Accountancy Services Limited
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
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Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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Planning and operating costs for the company's website are charged to the profit and loss account as incurred.
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
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by the shareholders prior to the balance sheet date
.
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Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
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Computer Equipment
Fixtures and Fittings
Stocks and work in progress
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Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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3 of 4
Notes to the Abbreviated Financial Statements
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For the year ended 30 June 2015
Fiona Wills Accountancy Services Limited
2,763
4,957
7,720
1,335
2,065
Charge for year
3,400
4,320
1,428
Debtors include an amount of £
670
(
2014
:
£
670
)
falling due after more than one year
|
Allotted called up and fully paid
|
2015
2014
1
Class A shares of £
1
.
00
each
|
1
1
1
1
4 of 4