Feelgood Content Ltd - Period Ending 2016-01-31

Registration number: 08862131

Feelgood Content Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 January 2016
 

Feelgood Content Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Feelgood Content Ltd
(Registration number: 08862131)
Abbreviated Balance Sheet at 31 January 2016

		Note			31 January 2016 £			31 January 2015 £
Fixed assets
Tangible fixed assets					347			91
Current assets
Debtors					2,040			-
Cash at bank and in hand					2,331			3,837
					4,371			3,837
Creditors: Amounts falling due within one year					(6,721)			(6,408)
Net current liabilities					(2,350)			(2,571)
Net liabilities					(2,003)			(2,480)
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					(2,004)			(2,481)
Shareholders' deficit					(2,003)			(2,480)

For the year ending 31 January 2016 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 director acknowledges her 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 director on 3 May 2016

.........................................
Ms Nicola Davenport
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
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Feelgood Content Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 January 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company's ordinary activities.

Depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life. as follows:

Asset class	Depreciation method and rate
Office equipment	33% reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 February 2015		105			105
Additions		421			421
At 31 January 2016		526			526
Depreciation
At 1 February 2015		14			14
Charge for the year		165			165
At 31 January 2016		179			179
Net book value
At 31 January 2016		347			347
At 31 January 2015		91			91

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Feelgood Content Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 January 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	31 January 2016						31 January 2015
		No.			£			No.			£
1 Ordinary Share of £1 each		1			1			1			1

4	Going concern

The director has reviewed the twelve months ahead and considered the company's financial position and notes no material uncertainties that may cast significant doubt about the ability of it to continue as a going concern irrespective of the adverse balance sheet. This is considered appropriate as the director is satisfied that the company's major creditors will not demand repayment of amounts outstanding to the detriment of other creditors.

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