Flic Everett Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06858699 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

FLIC EVERETT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms F L Everett

REGISTERED OFFICE:

5th Floor

The Margolis Building

37 Turner Street

Manchester

M4 1DW

REGISTERED NUMBER:

06858699 (England and Wales)

ACCOUNTANTS:

Tree Accountancy Limited

Chartered Certified Accountants

5th Floor

The Margolis Building

37 Turner Street

Manchester

M4 1DW

FIXED ASSETS

Intangible assets

2

3,583

10,033

Tangible assets

3

403

398

3,986

10,431

CURRENT ASSETS

Debtors

15,164

7,877

Cash at bank and in hand

3,895

3,128

19,059

11,005

CREDITORS

Amounts falling due within one year

14,945

12,890

NET CURRENT ASSETS/(LIABILITIES)

4,114

(1,885

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,100

8,546

CREDITORS

Amounts falling due after more than one year

8,000

NET ASSETS

100

546

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

-

446

SHAREHOLDERS' FUNDS

100

546

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 3 March 2017 and were signed by:

Ms F L Everett - 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 services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of seven years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Deferred tax

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

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

43,000

AMORTISATION

At 1 April 2015

32,967

Amortisation for year

6,450

At 31 March 2016

39,417

NET BOOK VALUE

At 31 March 2016

3,583

At 31 March 2015

10,033

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

999

Additions

140

At 31 March 2016

1,139

DEPRECIATION

At 1 April 2015

601

Charge for year

135

At 31 March 2016

736

NET BOOK VALUE

At 31 March 2016

403

At 31 March 2015

398

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

1

100