Abbreviated Company Accounts - FUTURES COLLEGE LTD

Abbreviated Company Accounts - FUTURES COLLEGE LTD

FUTURES COLLEGE LTD - Company Information

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Registered Number 04048644

FUTURES COLLEGE LTD

Abbreviated Accounts

31 December 2014

FUTURES COLLEGE LTD Registered Number 04048644

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 17,170 18,942
17,170 18,942
Current assets
Debtors 38,790 55,725
Cash at bank and in hand 64,536 27,645
103,326 83,370
Creditors: amounts falling due within one year (26,306) (60,911)
Net current assets (liabilities) 77,020 22,459
Total assets less current liabilities 94,190 41,401
Creditors: amounts falling due after more than one year - (300,000)
Total net assets (liabilities) 94,190 (258,599)
Capital and reserves
Called up share capital 300,000 100
Profit and loss account (205,810) (258,699)
Shareholders' funds 94,190 (258,599)
  • 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 14 July 2015

And signed on their behalf by:
George Mathew, Director

FUTURES COLLEGE LTD Registered Number 04048644

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.

2Tangible fixed assets
£
Cost
At 1 January 2014 54,732
Additions 2,521
Disposals -
Revaluations -
Transfers -
At 31 December 2014 57,253
Depreciation
At 1 January 2014 35,790
Charge for the year 4,293
On disposals -
At 31 December 2014 40,083
Net book values
At 31 December 2014 17,170
At 31 December 2013 18,942

Depreciation provided at 20% written down value.