Finsapp Ltd - Limited company - abbreviated - 11.6

Finsapp Ltd - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 07878254 (England and Wales)















ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2015

FOR

FINSAPP LTD

FINSAPP LTD (REGISTERED NUMBER: 07878254)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

FINSAPP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2015







DIRECTORS: S Holman
D Morgan
A Toner
P Sharma





REGISTERED OFFICE: 1a The Maltings
Railway Place
Hertford
Hertfordshire
SG13 7JT





REGISTERED NUMBER: 07878254 (England and Wales)





ACCOUNTANTS: Wilson Devenish
1a The Maltings
Railway Place
Hertford
Hertfordshire
SG13 7JT

FINSAPP LTD (REGISTERED NUMBER: 07878254)

ABBREVIATED BALANCE SHEET
31 MAY 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 202 405

CURRENT ASSETS
Debtors 103,936 56,823
Cash at bank 14,277 31,413
118,213 88,236
CREDITORS
Amounts falling due within one year 79,954 43,626
NET CURRENT ASSETS 38,259 44,610
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,461

45,015

CREDITORS
Amounts falling due after more than one
year

200,000

200,000
NET LIABILITIES (161,539 ) (154,985 )

CAPITAL AND RESERVES
Called up share capital 3 700 700
Profit and loss account (162,239 ) (155,685 )
SHAREHOLDERS' FUNDS (161,539 ) (154,985 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

FINSAPP LTD (REGISTERED NUMBER: 07878254)

ABBREVIATED BALANCE SHEET - continued
31 MAY 2015


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 Board of Directors on 2 October 2015 and were signed on its behalf by:





S Holman - Director


FINSAPP LTD (REGISTERED NUMBER: 07878254)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2015

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).

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.

Plant and machinery etc - 33% on cost

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 financial statements have been prepared on a going concern basis as the directors will continue to support
the company and ensure current liabilities are being met as they fall due.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2014
and 31 May 2015 607
DEPRECIATION
At 1 June 2014 202
Charge for year 203
At 31 May 2015 405
NET BOOK VALUE
At 31 May 2015 202
At 31 May 2014 405

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
700 Ordinary £1 700 700