Firm Counter Limited - Period Ending 2015-05-31

Registration number: 08545628

Firm Counter Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 May 2015
 

Ferncroft Accountants
Unit 5 The Crown
High Street
Seal
Sevenoaks
Kent
TN15 0AJ

Firm Counter Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Firm Counter Limited
(Registration number: 08545628)
Abbreviated Balance Sheet at 31 May 2015

		Note			31 May 2015 £			31 May 2014 £
Current assets
Debtors					9,742			581
Cash at bank and in hand					2,929			5,441
					12,671			6,022
Creditors: Amounts falling due within one year					(11,015)			(10,929)
Net assets/(liabilities)					1,656			(4,907)
Capital and reserves
Called up share capital		2			200			200
Profit and loss account					1,456			(5,107)
Shareholders' funds/(deficit)					1,656			(4,907)

For the year ending 31 May 2015 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 11 February 2016 and signed on its behalf by:

.........................................
Mr P E M Hardy
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

Firm Counter Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amount invoiced for goods and services, excluding value added tax.

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

2	Share capital

Allotted, called up and fully paid shares

	31 May 2015						31 May 2014
		No.			£			No.			£
Ordinary A of £1 each		180			180			180			180
Ordinary B of £1 each		20			20			20			20
		200			200			200			200

Page 2