Abbreviated Company Accounts - FRYERN ESTATES LIMITED

FRYERN ESTATES LIMITED - Company Information

Registered Number 03838780

FRYERN ESTATES LIMITED

Abbreviated Accounts

30 September 2015

FRYERN ESTATES LIMITED Registered Number 03838780

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	43,870	50,685
Tangible assets	3	8,228	15,975
Investments	4	1,046	4,000
		53,144	70,660
Current assets
Debtors		23,498	74,379
Cash at bank and in hand		124,054	158,580
		147,552	232,959
Creditors: amounts falling due within one year		(75,436)	(108,802)
Net current assets (liabilities)		72,116	124,157
Total assets less current liabilities		125,260	194,817
Total net assets (liabilities)		125,260	194,817
Capital and reserves
Called up share capital		100	100
Profit and loss account		125,160	194,717
Shareholders' funds		125,260	194,817

For the year ending 30 September 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 22 June 2016

And signed on their behalf by:
J F V Rees, Director

FRYERN ESTATES LIMITED Registered Number 03838780

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover is the amount receivable by the company for services supplied where the right to consideration has been obtained during the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Leasehold Property - 10% & 20% on cost
Plant & Machinery - 50% on cost
Fixtures & Fittings - 33% on cost
Motor Vehicles - 33% on cost
Equipment - 50% on cost

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Goodwill - 5% on cost

2Intangible fixed assets

	£
Cost
At 1 October 2014	136,300
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	136,300
Amortisation
At 1 October 2014	85,615
Charge for the year	6,815
On disposals	-
At 30 September 2015	92,430
Net book values
At 30 September 2015	43,870
At 30 September 2014	50,685

3Tangible fixed assets

	£
Cost
At 1 October 2014	95,891
Additions	525
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	96,416
Depreciation
At 1 October 2014	79,916
Charge for the year	8,272
On disposals	-
At 30 September 2015	88,188
Net book values
At 30 September 2015	8,228
At 30 September 2014	15,975

4Fixed assets Investments
Cost 1 October 2015 £4,000
Disposals in year ( 2,954)
---------
Cost 30 September 2016 £1,046
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