2013-10-01
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Private Limited Company
06704795
2014-09-30
06704795
2013-10-01
2014-09-30
06704795
2013-09-30
06704795
2012-10-01
2013-09-30
06704795
uk-bus:Director1
2013-10-01
2014-09-30
06704795
uk-gaap:ComputerEquipment
2013-10-01
2014-09-30
06704795
uk-bus:OrdinaryShareClass1
2014-09-30
iso4217:GBP
For the year ended 30 September 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06704795
2
flippinimage limited
For the year ended 30 September 2014
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
flippinimage limited
Chartered Accountants' Report
For the year ended 30 September 2014
Chartered Accountants' Report to the Board of Directors
| In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the |
| accounts of flippinimage limited for the year ended 30 September 2014 which comprise the Profit and Loss |
| Account, the Balance Sheet and the related notes from the company's accounting records and from information |
| and explanations you have given us. |
| As a practising firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its |
| ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of flippinimage limited, as a body, in accordance with the terms |
| of our engagement letter dated 25 June 2011. Our work has been undertaken solely to prepare for your approval |
| the accounts of flippinimage limited and state those matters that we have agreed to state to the Board of Directors |
| of flippinimage limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. |
| To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than flippinimage |
| limited and its Board of Directors as a body for our work or for this report. |
| It is your duty to ensure that flippinimage limited has kept adequate accounting records to prepare statutory |
| accounts that give a true and fair view of the assets, liabilities, financial position and profit of flippinimage limited. |
| You consider that flippinimage limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the accounts of flippinimage limited. For this |
| reason, we have not verified the accuracy or completeness of the accounting records or information and |
| explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. |
S F Brocklehurst & Co
Forest Lodge
Forest Road
Pyrford
Surrey
GU22 8NA
25 June 2015
1 of 4
4
| Abbreviated Balance Sheet |
flippinimage limited
2014
2013
2
15,898
-
15,898
-
6,605
8,341
2,065
658
10,406
7,263
| Creditors: amounts falling due within one year |
(6,676)
(10,936)
587
(530)
Net current liabilities
| Total assets less current liabilities |
15,368
587
| Creditors: amounts falling due after more than one year |
-
(14,575)
793
Net assets
587
1
3
1
792
586
793
587
Shareholders funds
| For the year ended 30 September 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; |
| 2) 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. |
| Date approved by the board: 25 June 2015 |
| Signed on behalf of the board of directors |
2 of 4
5
| Notes to the Abbreviated Financial Statements |
flippinimage limited
For the year ended 30 September 2014
| The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
| Finance lease and hire purchase charges |
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
| Proposed dividends are only included as liabilities in the financial statements when their payment has been approved |
| by the shareholders prior to the balance sheet date. |
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
| Assets on finance lease and hire purchase |
| Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and |
| rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets |
| and depreciated over the shorter of the lease term and their estimated expected useful lives. |
| Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods. |
3 of 4
6
| Notes to the Abbreviated Financial Statements |
flippinimage limited
For the year ended 30 September 2014
18,051
18,051
2,153
Charge for year
2,153
15,898
| Allotted called up and fully paid |
2014
2013
| 1 Ordinary shares of £1.00 each |
1
1
1
1
4 of 4
