A. & K. Fisher Limited - Period Ending 2016-11-30

A. & K. Fisher Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 November 2016

Alextra Group Ltd
Chartered Certified Accountants
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

A. & K. Fisher Limited

Contents

Abbreviated Balance Sheet	1
Notes to the Abbreviated Accounts	2 to 3

A. & K. Fisher Limited

(Registration number: 02874728)
Abbreviated Balance Sheet as at 30 November 2016

	Note	2016 £	2015 £
Fixed assets
Tangible assets		-	2,835
Current assets
Stocks		-	250
Debtors		19,073	5,256
Cash at bank and in hand		-	1,685
		19,073	7,191
Creditors: Amounts falling due within one year		(10,305)	(8,534)
Net current assets/(liabilities)		8,768	(1,343)
Total assets less current liabilities		8,768	1,492
Provisions for liabilities		-	(230)
Net assets		8,768	1,262
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		7,768	262
Shareholders' funds		8,768	1,262

For the year ending 30 November 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 25 August 2017 and signed on its behalf by:

.........................................
Mr K Fisher
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

A. & K. Fisher Limited

Notes to the Abbreviated Accounts

1	Accounting policies

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE)(effective January 2015).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Stock, work in progress and long term contracts

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 December 2015	19,560	19,560
Disposals	(19,560)	(19,560)
At 30 November 2016	-	-
Depreciation
At 1 December 2015	16,725	16,725
Eliminated on disposals	(16,725)	(16,725)
At 30 November 2016	-	-
Net book value
At 30 November 2016	-	-
At 30 November 2015	2,835	2,835

Creditors

Creditors includes the following liabilities, on which security has been given.

	2016 £	2015 £
Amounts falling due within one year	6,718	-

Page 2

A. & K. Fisher Limited

Notes to the Abbreviated Accounts

4	Share capital

Allotted, called up and fully paid shares

	2016		2015
	No.	£	No.	£
Ordinary shares of £1 each	1,000	1,000	1,000	1,000

5	Related party transactions

Transactions with directors

Other transactions with directors

During the year ended 30 November 2016 there were advances amounting to £26,908 and repayments amounting to £7,787. The loan was always interest free. The amount shown in the accounts at the Balance Sheet date, included in Other Debtors, was repaid on 25 August 2017.

Control

The company is under the control of Mr K Fisher by virtue of his 100% beneficial ownership of the company's issued share capital.

Page 3