Abbreviated Company Accounts - FUDGE ANIMATION STUDIOS LTD

Abbreviated Company Accounts - FUDGE ANIMATION STUDIOS LTD

FUDGE ANIMATION STUDIOS LTD - Company Information

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Registered Number 09164755

FUDGE ANIMATION STUDIOS LTD

Abbreviated Accounts

31 July 2015

FUDGE ANIMATION STUDIOS LTD Registered Number 09164755

Abbreviated Balance Sheet as at 31 July 2015

Notes 2015
£
Fixed assets
Tangible assets 2 1,891
1,891
Current assets
Debtors 8,226
Cash at bank and in hand 7,921
16,147
Creditors: amounts falling due within one year (12,686)
Net current assets (liabilities) 3,461
Total assets less current liabilities 5,352
Creditors: amounts falling due after more than one year (2,681)
Total net assets (liabilities) 2,671
Capital and reserves
Called up share capital 100
Profit and loss account 2,571
Shareholders' funds 2,671
  • For the year ending 31 July 2015 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 24 August 2015

And signed on their behalf by:
J Hill, Director

FUDGE ANIMATION STUDIOS LTD Registered Number 09164755

Notes to the Abbreviated Accounts for the period ended 31 July 2015

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 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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 50% straight line

2Tangible fixed assets
£
Cost
Additions 2,758
Disposals -
Revaluations -
Transfers -
At 31 July 2015 2,758
Depreciation
Charge for the year 867
On disposals -
At 31 July 2015 867
Net book values
At 31 July 2015 1,891