Foxhill Promotions Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06391637 (England and Wales)

Foxhill Promotions Limited

Abbreviated Unaudited Accounts for the Year Ended 31st March 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

G E Mather

SECRETARY:

C A Matthissen

REGISTERED OFFICE:

4 High Street

Alton

Hampshire

GU34 1BU

REGISTERED NUMBER:

06391637 (England and Wales)

ACCOUNTANTS:

Sheen Stickland

Chartered Accountants

4 High Street

Alton

Hampshire

GU34 1BU

FIXED ASSETS

Investment property

2

1,008,626

1,008,626

CURRENT ASSETS

Debtors

1,800

1,650

Cash at bank and in hand

135

920

1,935

2,570

CREDITORS

Amounts falling due within one year

379,092

933,708

NET CURRENT LIABILITIES

(377,157

)

(931,138

)

TOTAL ASSETS LESS CURRENT LIABILITIES

631,469

77,488

CREDITORS

Amounts falling due after more than one year

658,635

126,188

NET LIABILITIES

(27,166

)

(48,700

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(27,167

)

(48,701

)

SHAREHOLDERS' FUNDS

(27,166

)

(48,700

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 12th January 2016 and were signed by:

G E Mather - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis due to the company continuing to

receive support from its directors and Fairhurst Estates Properties Limited, a company under

common control.

Accounting convention

The financial statements 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 rental income from investment properties.

Investment property

In accordance with SSAP 19 investment properties are revalued to open market value and no

depreciation is provided. The directors consider that this accounting policy results in the financial

statements giving a true and fair view. The effect of this departure from the Companies Act 2006 has

not been quantified because it is impracticable and, in the opinion of the directors, would be

misleading.

The aggregate surplus or deficit arising on revaluation is transferred to the revaluation reserve

except where a deficit is deemed to represent a permanent diminution in value, in which case it is

charged to the profit and loss account.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1st April 2014

and 31st March 2015

1,008,626

NET BOOK VALUE

At 31st March 2015

1,008,626

At 31st March 2014

1,008,626

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

1

1

1