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Company Registration No. 07244901 (England and Wales)
R Finley Ltd Abbreviated unaudited accounts for the year ended 5 April 2016
R Finley Ltd Abbreviated Balance Sheet as at 5 April 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,258 
9,677 
Current assets
Debtors
30,498 
23,195 
Cash at bank and in hand
105 
8,149 
30,603 
31,344 
Creditors: amounts falling due within one year
(25,207)
(15,113)
Net current assets
5,396 
16,231 
Net assets
12,654 
25,908 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
12,652 
25,906 
Total shareholders' funds
12,654 
25,908 
For the year ending 5 April 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 15 November 2016
Mr R Finley Director Company Registration No. 07244901
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R Finley Ltd Notes to the Abbreviated Accounts for the year ended 5 April 2016
1
Accounting policies
Basis of preparation
The accounts 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 the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
2
Tangible fixed assets
Plant & machinery 
£ 
Cost
At 6 April 2015
20,096 
At 5 April 2016
20,096 
Depreciation
At 6 April 2015
10,419 
Charge for the year
2,419 
At 5 April 2016
12,838 
Net book value
At 5 April 2016
7,258 
At 5 April 2015
9,677 
3
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
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