Feather Diesel Holdings Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03531064 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

FEATHER DIESEL HOLDINGS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S C Smith

J E Morley

Mrs T M Smith

Mrs E C Morley

SECRETARY:

S J Westaway

REGISTERED OFFICE:

Unit G12

Lock View

Lowfields Business Park

Halifax

West Yorkshire

HX5 2AG

REGISTERED NUMBER:

03531064 (England and Wales)

ACCOUNTANTS:

Bartfields (UK) Limited

Chartered Accountants

4th Floor, Stockdale House

Headingley Office Park

8 Victoria Road

Leeds

LS6 1PF

FIXED ASSETS

Investments

2

1,431,780

1,431,780

TOTAL ASSETS LESS CURRENT LIABILITIES

1,431,780

1,431,780

CREDITORS

Amounts falling due after more than one year

165,346

165,333

NET ASSETS

1,266,434

1,266,447

CAPITAL AND RESERVES

Called up share capital

3

161,290

161,290

Share premium

372,043

372,043

Capital redemption reserve

400,000

400,000

Profit and loss account

333,101

333,114

SHAREHOLDERS' FUNDS

1,266,434

1,266,447

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 13 April 2016 and were signed on its behalf by:

S C Smith - Director

1.	ACCOUNTING POLICIES

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 January 2015).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of

certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date,

except as required by FRS19.

Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are

expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Group accounts

Under section 399 of the Companies Act 2006 the group is exempt from the requirement to prepare group

accounts by virtue of its size. Therefore the accounts present information about the company as an individual

undertaking and not about its group.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement,

as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences

a residual interest in the assets of the company after deducting all of its liabilities.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 October 2014

and 30 September 2015

1,431,780

NET BOOK VALUE

At 30 September 2015

1,431,780

At 30 September 2014

1,431,780

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Feather Diesel Services Limited

Nature of business: diesel fuel injection engineers.

%

Class of shares:

holding

Ordinary

100.00

2015

2014

£

£

Aggregate capital and reserves

1,004,582

948,940

Profit for the year

134,674

55,354

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

161,290

Ordinary

£1

161,290

161,290