Fameone Ltd - Abbreviated accounts 16.3

Fameone Ltd - Abbreviated accounts 16.3

FAMEONE LTD - Company Information

Print Friendly Version

04910322 1.10.15 30.9.16 30.9.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure049103222015-09-30049103222016-09-30049103222015-10-012016-09-30049103222014-09-30049103222014-10-012015-09-30049103222015-09-3004910322ns12:England2015-10-012016-09-3004910322ns14:PoundSterling2015-10-012016-09-3004910322ns7:Director12015-10-012016-09-3004910322ns7:OrdinaryShareClass12015-10-012016-09-3004910322ns7:CompanySecretary2015-10-012016-09-3004910322ns7:RegisteredOffice2015-10-012016-09-3004910322ns7:EntityAccountantsOrAuditors2015-10-012016-09-3004910322ns5:InvestmentProperties2016-09-3004910322ns5:InvestmentProperties2015-09-3004910322ns5:FixturesFittings2015-10-012016-09-3004910322ns5:InvestmentProperties2015-09-3004910322ns7:OrdinaryShareClass12016-09-3004910322ns7:OrdinaryShareClass12015-09-30
REGISTERED NUMBER: 04910322 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

FAMEONE LTD

FAMEONE LTD (REGISTERED NUMBER: 04910322)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

FAMEONE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2016







DIRECTOR: J Endzweig





SECRETARY: Y Reichman





REGISTERED OFFICE: 10 Glaserton Road
London
N16 5QX





REGISTERED NUMBER: 04910322 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL
Page 1
FAMEONE LTD (REGISTERED NUMBER: 04910322)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2016

30.9.16 30.9.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,922 3,437
Investment property 3 834,302 834,302
837,224 837,739

CURRENT ASSETS
Debtors 5,213 4,213
Investments 100 100
Cash at bank 19,142 14,685
24,455 18,998
CREDITORS
Amounts falling due within one year 108,391 106,615
NET CURRENT LIABILITIES (83,936 ) (87,617 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
753,288
750,122

CREDITORS
Amounts falling due after more than one
year
4
498,573
526,704
NET ASSETS 254,715 223,418

CAPITAL AND RESERVES
Called up share capital 5 99 99
Profit and loss account 254,616 223,319
SHAREHOLDERS' FUNDS 254,715 223,418

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 notes form part of these abbreviated accounts

Page 2 continued...
FAMEONE LTD (REGISTERED NUMBER: 04910322)

ABBREVIATED BALANCE SHEET - continued
30 SEPTEMBER 2016


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 21 July 2017 and were signed by:





J Endzweig - Director


The notes form part of these abbreviated accounts

Page 3
FAMEONE LTD (REGISTERED NUMBER: 04910322)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016

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.

Fixtures and fittings - 15% on reducing balance

Investment property- depreciation
In accordance with Financial Reporting standard for Smaller Entities (effective January 2015), no depreciation or
amortization is provided in respect of freehold investment properties nor on leasehold investment properties
having an unexpired term of more than twenty years. This departure from the requirements of the Companies Act
2006, for all properties to be depreciated, is necessary, as the director considers that this accounting policy
results in the financial statements giving true and fair view.

Investment properties
Investment Properties are included in the Balance Sheet at historical cost, which is not in accordance with
Financial Reporting Standard for Smaller Entities(effective January 2015), which requires such properties to be
stated at current market value.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2015
and 30 September 2016 8,937
DEPRECIATION
At 1 October 2015 5,500
Charge for year 515
At 30 September 2016 6,015
NET BOOK VALUE
At 30 September 2016 2,922
At 30 September 2015 3,437

3. INVESTMENT PROPERTY
Total
£   
COST
At 1 October 2015
and 30 September 2016 834,302
NET BOOK VALUE
At 30 September 2016 834,302
At 30 September 2015 834,302

Page 4 continued...
FAMEONE LTD (REGISTERED NUMBER: 04910322)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2016

4. CREDITORS

Creditors include an amount of £ 498,573 (30.9.15 - £ 526,704 ) for which security has been given.

They also include the following debts falling due in more than five years:

30.9.16 30.9.15
£    £   
Repayable by instalments 498,573 526,704

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.16 30.9.15
value: £    £   
99 Ordinary £1 99 99

Page 5