1st 4 Lettings Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07568917 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

1st 4 Lettings Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs S Sheridan

REGISTERED OFFICE:

6 Manor Park

Church Road

Gt Barton

Bury St Edmunds

Suffolk

IP31 2QR

REGISTERED NUMBER:

07568917 (England and Wales)

ACCOUNTANTS:

KPSK Accounts and Tax Limited

6 Manor Park

Church Road

Gt Barton

Bury St Edmunds

Suffolk

IP31 2QR

FIXED ASSETS

Tangible assets

2

-

133

CURRENT ASSETS

Debtors

1,607

3,713

Cash at bank

3,553

9,659

5,160

13,372

CREDITORS

Amounts falling due within one year

5,006

6,432

NET CURRENT ASSETS

154

6,940

TOTAL ASSETS LESS CURRENT
LIABILITIES

154

7,073

PROVISIONS FOR LIABILITIES

-

27

NET ASSETS

154

7,046

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

54

6,946

SHAREHOLDERS' FUNDS

154

7,046

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 26 September 2016 and were signed by:

Mrs S Sheridan - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

4,828

DEPRECIATION

At 1 April 2015

4,695

Charge for year

133

At 31 March 2016

4,828

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

133

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/16

31/3/15

value:

£

100

Ordinary

£1

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2016 and

31 March 2015:

31/3/16

31/3/15

£

Mrs S Sheridan

Balance outstanding at start of year

-

Amounts advanced

1,607

-

Amounts repaid

-

Balance outstanding at end of year

1,607

-

During the year, net dividends totalling £23,700 were paid to the shareholders.