Formatadmin Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03628378 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2014

for

Formatadmin Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr B W Robinson

REGISTERED OFFICE:

Unit 10 Station Road Industrial Park

Brompton on Swale

Richmond

North Yorkshire

DL10 7SN

REGISTERED NUMBER:

03628378 (England and Wales)

ACCOUNTANTS:

RHK Business Advisers LLP

Chartered Accountants

and Business Advisers

Coburg House

1 Coburg Street

Gateshead

Tyne & Wear

NE8 1NS

BANKERS:

HSBC Bank plc

136 High Street

Stockton on Tees

Cleveland

TS18 1LR

FIXED ASSETS

Tangible assets

2

44,132

45,113

CURRENT ASSETS

Stocks

14,500

1,500

Cash at bank

10,375

6,027

24,875

7,527

CREDITORS

Amounts falling due within one year

30,287

3,964

NET CURRENT (LIABILITIES)/ASSETS

(5,412

)

3,563

TOTAL ASSETS LESS CURRENT LIABILITIES

38,720

48,676

CAPITAL AND RESERVES

Called up share capital

3

64,000

64,000

Profit and loss account

(25,280

)

(15,324

)

SHAREHOLDERS' FUNDS

38,720

48,676

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 September 2015 and were signed by:

Mr B W Robinson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as

a small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

50,431

DEPRECIATION

At 1 January 2014

5,318

Charge for year

981

At 31 December 2014

6,299

NET BOOK VALUE

At 31 December 2014

44,132

At 31 December 2013

45,113

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

64,000

Ordinary

£1

64,000

64,000