Fenix Consultants Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07472948 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

Fenix Consultants Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr O Sayers

Mrs S Sayers

REGISTERED OFFICE:

KD Tower,

Suite 8,

Cotterells,

Hemel Hempstead

HP1 1FW

REGISTERED NUMBER:

07472948 (England and Wales)

ACCOUNTANTS:

SJD Accountancy Scotland

First Floor

31 Palmerston Place

Edinburgh

EH12 5AP

FIXED ASSETS

Tangible assets

2

842

2,327

CURRENT ASSETS

Debtors

40,680

27,076

Cash at bank

5,858

17,210

46,538

44,286

CREDITORS

Amounts falling due within one year

47,280

40,628

NET CURRENT (LIABILITIES)/ASSETS

(742

)

3,658

TOTAL ASSETS LESS CURRENT LIABILITIES

100

5,985

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

-

5,885

SHAREHOLDERS' FUNDS

100

5,985

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 directors acknowledge their 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 Board of Directors on 9 March 2017 and were signed on its behalf by:

Mr O Sayers - Director

Mrs S Sayers - 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.

TANGIBLE FIXED ASSETS

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

Motor vehicles

-

25% on cost

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.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of

the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

9,100

DEPRECIATION

At 1 January 2015

6,773

Charge for year

1,485

At 31 December 2015

8,258

NET BOOK VALUE

At 31 December 2015

842

At 31 December 2014

2,327

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2015 and

31 December 2014:

31.12.15

31.12.14

£

£

Mr O Sayers

Balance outstanding at start of year

21,661

14,690

Amounts advanced

7,319

8,651

Amounts repaid

(216

)

(1,680

)

Balance outstanding at end of year

28,764

21,661