Abbreviated Company Accounts - FORTUNE OAK LIMITED

FORTUNE OAK LIMITED - Company Information

08852062 FORTUNE OAK LIMITED 2014-12-31 false 2014-01-20 2014-12-31 true 08852062 2014-01-20 2014-12-31 08852062 2014-12-31 08852062 uk-gaap-cd-bus:Director1 2014-01-20 2014-12-31 08852062 uk-gaap-cd-bus:Director2 2014-01-20 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-20 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 08852062

FORTUNE OAK LIMITED

Abbreviated Accounts

31 December 2014

FORTUNE OAK LIMITED Registered Number 08852062

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	1,770
		1,770
Current assets
Stocks		13,950
Debtors		6,122
Cash at bank and in hand		25
		20,097
Creditors: amounts falling due within one year		(25,156)
Net current assets (liabilities)		(5,059)
Total assets less current liabilities		(3,289)
Creditors: amounts falling due after more than one year		(31,582)
Total net assets (liabilities)		(34,871)
Capital and reserves
Called up share capital	3	2
Profit and loss account		(34,873)
Shareholders' funds		(34,871)

For the year ending 31 December 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 29 September 2015

And signed on their behalf by:
P.G. Thomas, Director
M.P. Ware, Director

FORTUNE OAK LIMITED Registered Number 08852062

Notes to the Abbreviated Accounts for the period ended 31 December 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 amounts invoiced during the year, excluding VAT.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its expected useful life.
-Computers and office equipment - 25% on cost
-Fixtures and fittings - 20% on cost

Other accounting policies
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Going concern
The accounts have been prepared on a going concern basis.

2Tangible fixed assets

	£
Cost
Additions	2,000
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	2,000
Depreciation
Charge for the year	230
On disposals	-
At 31 December 2014	230
Net book values
At 31 December 2014	1,770

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

	2014 £
2 Ordinary shares of £1 each	2