Registered number
04909787
Fiducia Interiors Ltd
Abbreviated Accounts
30 September 2016
Fiducia Interiors Ltd
Registered number: 04909787
Abbreviated Balance Sheet
as at 30 September 2016
Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 89 242
Investments 3 1 1
90 243
Current assets
Stocks 450,000 230,000
Debtors 420,981 380,349
Cash at bank and in hand 119,453 138,539
990,434 748,888
Creditors: amounts falling due within one year (566,535) (385,727)
Net current assets 423,899 363,161
Net assets 423,989 363,404
Capital and reserves
Called up share capital 4 5 3
Profit and loss account 423,984 363,401
Shareholders' funds 423,989 363,404
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
S Rogers
Director
Approved by the board on 20 March 2017
Fiducia Interiors Ltd
Notes to the Abbreviated Accounts
for the year ended 30 September 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 value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% straight line
Motor vehicles 25% straight line
Stocks
Stock is valued at the lower of cost and net realisable value.
Leasing and hire purchase commitments
Rentals paid under operating leases are charged to income on a straight line basis over the lease term.
2 Tangible fixed assets £
Cost
At 1 October 2015 5,500
At 30 September 2016 5,500
Depreciation
At 1 October 2015 5,258
Charge for the year 153
At 30 September 2016 5,411
Net book value
At 30 September 2016 89
At 30 September 2015 242
3 Investments £
Cost
At 1 October 2015 1
At 30 September 2016 1
4 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 2 2 2
A Ordinary shares £1 each 3 3 1
5 3
Nominal Number Amount
value £
Shares issued during the period:
A Ordinary shares £1 each 2 2
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