Abbreviated Company Accounts - FRIAR COURT FINANCIAL SERVICES LIMITED
Abbreviated Company Accounts - FRIAR COURT FINANCIAL SERVICES LIMITED
Registered Number 04391108
FRIAR COURT FINANCIAL SERVICES LIMITED
Abbreviated Accounts
31 May 2014
FRIAR COURT FINANCIAL SERVICES LIMITED Registered Number 04391108
Abbreviated Balance Sheet as at 31 May 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
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Total assets less current liabilities |
( |
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Total net assets (liabilities) |
( |
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Capital and reserves | |||
Called up share capital | 2 |
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Profit and loss account |
( |
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Shareholders' funds |
( |
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For the year ending 31 May 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on
And signed on their behalf by:
FRIAR COURT FINANCIAL SERVICES LIMITED Registered Number 04391108
Notes to the Abbreviated Accounts for the period ended 31 May 2014
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
In respect of long term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Other accounting policies
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.