Abbreviated Company Accounts - FLIGHT PROFILE LIMITED

FLIGHT PROFILE LIMITED - Company Information

06348967 FLIGHT PROFILE LIMITED 2014-08-31 false 2013-09-01 2014-08-31 true 06348967 2013-09-01 2014-08-31 06348967 2014-08-31 06348967 2013-08-31 06348967 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 06348967 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 06348967

FLIGHT PROFILE LIMITED

Abbreviated Accounts

31 August 2014

FLIGHT PROFILE LIMITED Registered Number 06348967

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,886	4,252
		2,886	4,252
Current assets
Debtors		316	7,920
Cash at bank and in hand		199,871	148,786
		200,187	156,706
Creditors: amounts falling due within one year		(20,361)	(18,575)
Net current assets (liabilities)		179,826	138,131
Total assets less current liabilities		182,712	142,383
Provisions for liabilities		(577)	(850)
Total net assets (liabilities)		182,135	141,533
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		182,134	141,532
Shareholders' funds		182,135	141,533

For the year ending 31 August 2014 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 28 May 2015

And signed on their behalf by:
R Cox, Director

FLIGHT PROFILE LIMITED Registered Number 06348967

Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the value of sales (excluding VAT, similar taxes and trade discounts) of goods and services provided in the normal course of business. Turnover is respect of service contracts is recognised when the company obtains the right to receive consideration for the services provided.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - 25% reducing balance
Fixtures, fittings and equipment - 33% straight line

Valuation information and policy
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.

2Tangible fixed assets

	£
Cost
At 1 September 2013	7,551
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	7,551
Depreciation
At 1 September 2013	3,299
Charge for the year	1,366
On disposals	-
At 31 August 2014	4,665
Net book values
At 31 August 2014	2,886
At 31 August 2013	4,252

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1