Abbreviated Company Accounts - FINEBASS LIMITED

Registered Number 04201649

FINEBASS LIMITED

Abbreviated Accounts

30 April 2016

FINEBASS LIMITED Registered Number 04201649

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Investments	2	225,000	225,000
		225,000	225,000
Current assets
Debtors		88,916	88,916
		88,916	88,916
Creditors: amounts falling due within one year		(161,853)	(161,853)
Net current assets (liabilities)		(72,937)	(72,937)
Total assets less current liabilities		152,063	152,063
Total net assets (liabilities)		152,063	152,063
Capital and reserves
Called up share capital		100	100
Profit and loss account		151,963	151,963
Shareholders' funds		152,063	152,063

For the year ending 30 April 2016 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 3 January 2017

And signed on their behalf by:
John Warner, Director

FINEBASS LIMITED Registered Number 04201649

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Other accounting policies
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 248 of the Companies Act 1985 not to prepare group accounts.

2Fixed assets Investments
Fixed asset investments are stated at cost less provision for diminution in value.