Abbreviated Company Accounts - FUTURE SCOPE 360 LIMITED

Abbreviated Company Accounts - FUTURE SCOPE 360 LIMITED


Registered Number 08750202

FUTURE SCOPE 360 LIMITED

Abbreviated Accounts

31 October 2014

FUTURE SCOPE 360 LIMITED Registered Number 08750202

Abbreviated Balance Sheet as at 31 October 2014

Notes 2014
£
Fixed assets
Tangible assets 2 35,814
35,814
Current assets
Debtors 5,165
Cash at bank and in hand 2,707
7,872
Creditors: amounts falling due within one year (37,314)
Net current assets (liabilities) (29,442)
Total assets less current liabilities 6,372
Total net assets (liabilities) 6,372
Capital and reserves
Called up share capital 3 1
Profit and loss account 6,371
Shareholders' funds 6,372
  • 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 28 July 2015

And signed on their behalf by:
R M Djan Jr, Director

FUTURE SCOPE 360 LIMITED Registered Number 08750202

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 net invoiced sales of goods and services.

Tangible assets depreciation policy
Plant and Machinery - 25% on reducing balance.

2Tangible fixed assets
£
Cost
Additions 44,527
Disposals -
Revaluations -
Transfers -
At 31 October 2014 44,527
Depreciation
Charge for the year 8,713
On disposals -
At 31 October 2014 8,713
Net book values
At 31 October 2014 35,814
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
1 Ordinary shares of £1 each 1