Abbreviated Company Accounts - FREMAC LIMITED

06735946 FREMAC LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 06735946 2013-11-01 2014-10-31 06735946 2014-10-31 06735946 2013-10-31 06735946 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 06735946 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 06735946

FREMAC LIMITED

Abbreviated Accounts

31 October 2014

FREMAC LIMITED Registered Number 06735946

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,601	2,763
		2,601	2,763
Current assets
Debtors		2,250	7,405
Cash at bank and in hand		78,709	61,068
		80,959	68,473
Creditors: amounts falling due within one year		(28,596)	(31,362)
Net current assets (liabilities)		52,363	37,111
Total assets less current liabilities		54,964	39,874
Provisions for liabilities		(520)	(553)
Total net assets (liabilities)		54,444	39,321
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		54,344	39,221
Shareholders' funds		54,444	39,321

For the year ending 31 October 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 30 June 2015

And signed on their behalf by:
Mr D J Court, Director

FREMAC LIMITED Registered Number 06735946

Notes to the Abbreviated Accounts for the period ended 31 October 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 represents revenues receivable under contracts, net of value added tax. Where contractual obligations have been partially performed at the balance sheet date, revenue is recognised to the extent that the company has obtained the right to consideration through its performance.

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:

Fixtures, fittings and equipment – 25% per annum on the reducing balance
Motor vehicles - 25% per annum on the reducing balance

Other accounting policies
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed by the balance sheet date except that a deferred tax asset is only recognised to the extent that it is regarded as recoverable. Deferred tax is measured using the tax rate that is expected to apply in the periods in which the timing differences are expected to reverse.

2Tangible fixed assets

	£
Cost
At 1 November 2013	7,420
Additions	719
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	8,139
Depreciation
At 1 November 2013	4,657
Charge for the year	881
On disposals	-
At 31 October 2014	5,538
Net book values
At 31 October 2014	2,601
At 31 October 2013	2,763

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100