Fairground Landscapes Limited - Abbreviated accounts 16.1

Fairground Landscapes Limited - Abbreviated accounts 16.1

FAIRGROUND LANDSCAPES LIMITED - Company Information

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03844535 1.1.15 31.12.15 31.12.15 Company accounts Private Limited Company FY true false true false false true false Ordinary Shares of £1 each 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure038445352014-12-31038445352015-12-31038445352015-01-012015-12-31038445352013-12-31038445352014-01-012014-12-31038445352014-12-3103844535ns12:England2015-01-012015-12-3103844535ns14:PoundSterling2015-01-012015-12-3103844535ns7:Director12015-01-012015-12-3103844535ns7:OrdinaryShareClass12015-01-012015-12-3103844535ns7:OrdinaryShareClass12015-12-3103844535ns7:OrdinaryShareClass12014-12-31
REGISTERED NUMBER: 03844535 (England and Wales)


























ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

FAIRGROUND LANDSCAPES LIMITED








FAIRGROUND LANDSCAPES LIMITED (REGISTERED NUMBER: 03844535)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015










Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

FAIRGROUND LANDSCAPES LIMITED (REGISTERED NUMBER: 03844535)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2015

2015 2014
Notes £    £   
CURRENT ASSETS
Debtors 24,948 -
Cash at bank 1,730 456
26,678 456
CREDITORS
Amounts falling due within one year 7,338 449
NET CURRENT ASSETS 19,340 7
TOTAL ASSETS LESS CURRENT
LIABILITIES
19,340
7

CAPITAL AND RESERVES
Called up share capital 2 7 7
Profit and loss account 19,333 -
SHAREHOLDERS' FUNDS 19,340 7

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

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

The director acknowledges his 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 8 September 2016 and were signed by:





Mr G E Ruddick - Director


The notes form part of these abbreviated accounts

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FAIRGROUND LANDSCAPES LIMITED (REGISTERED NUMBER: 03844535)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015


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).

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of
Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done
in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and
contracts for on-going services is recognised by reference to the stage of completion.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay
more, or a right to pay less or to receive more tax, with the following exceptions:

Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed
assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the
extent that, at the balance sheet date, there is a binding agreement to dispose of the assets concerned.
However, no provision is made where, on the basis of all available evidence at the balance sheet date, it is more
likely than not that the taxable gain will be rolled over into replacement assets and charged to tax only where the
replacement assets are sold.

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that
there will be suitable taxable profits from which the future reversal of the underlying timing differences can be
deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in
which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance
sheet date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling
at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with
the lessor are charged against profits on a straight line basis over the period of the lease.

2. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
7 Ordinary Shares of £1 each 1 7 7

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