Abbreviated Company Accounts - 1ST CLASS ENTERPRISES LIMITED

Abbreviated Company Accounts - 1ST CLASS ENTERPRISES LIMITED

1ST CLASS ENTERPRISES LIMITED - Company Information

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Registered Number 07858625

1ST CLASS ENTERPRISES LIMITED

Abbreviated Accounts

31 December 2015

1ST CLASS ENTERPRISES LIMITED Registered Number 07858625

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 13,205 18,170
Investments 3 500 -
13,705 18,170
Current assets
Debtors 4,667 16,477
Cash at bank and in hand 2,930 6,205
7,597 22,682
Creditors: amounts falling due within one year (51,134) (65,852)
Net current assets (liabilities) (43,537) (43,170)
Total assets less current liabilities (29,832) (25,000)
Total net assets (liabilities) (29,832) (25,000)
Capital and reserves
Called up share capital 1 1
Profit and loss account (29,833) (25,001)
Shareholders' funds (29,832) (25,000)
  • For the year ending 31 December 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 25 February 2016

And signed on their behalf by:
P. Hume, Director

1ST CLASS ENTERPRISES LIMITED Registered Number 07858625

Notes to the Abbreviated Accounts for the period ended 31 December 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
The turnover is at cost, less any discounts received

Tangible assets depreciation policy
Tangible assets are depreciated to allow for the life of the asset

2Tangible fixed assets
£
Cost
At 1 January 2015 31,587
Additions 14,193
Disposals (27,690)
Revaluations -
Transfers -
At 31 December 2015 18,090
Depreciation
At 1 January 2015 13,417
Charge for the year 3,303
On disposals (11,835)
At 31 December 2015 4,885
Net book values
At 31 December 2015 13,205
At 31 December 2014 18,170

3Fixed assets Investments
Howden Transport & Storage Ltd shares