Fortune Business Consulting Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05670462 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Fortune Business Consulting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A Fortune

Mrs C Fortune

SECRETARY:

A Fortune

REGISTERED OFFICE:

Rudd House

Cracoe

Skipton

North Yorkshire

BD23 6LB

REGISTERED NUMBER:

05670462 (England and Wales)

FIXED ASSETS

Tangible assets

2

3,239

4,739

CURRENT ASSETS

Debtors

11,692

10,588

Cash at bank and in hand

227,575

312,767

239,267

323,355

CREDITORS

Amounts falling due within one year

16,193

27,134

NET CURRENT ASSETS

223,074

296,221

TOTAL ASSETS LESS CURRENT LIABILITIES

226,313

300,960

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

226,311

300,958

SHAREHOLDERS' FUNDS

226,313

300,960

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 1 February 2016 and were signed on its behalf by:

A Fortune - 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).

Turnover

Turnover represents net invoiced sales of services, 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

-

25% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

6,543

DEPRECIATION

At 1 July 2014

1,804

Charge for year

1,500

At 30 June 2015

3,304

NET BOOK VALUE

At 30 June 2015

3,239

At 30 June 2014

4,739

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2015 and

30 June 2014:

30.6.15

30.6.14

£

£

A Fortune and Mrs C Fortune

Balance outstanding at start of year

10,480

-

Amounts advanced

1,212

10,480

Amounts repaid

-

-

Balance outstanding at end of year

11,692

10,480

This balance was repaid by means of salary and funds introduced prior to 31 March 2015.