Abbreviated Company Accounts - FUSION GRAPHICS LIMITED

FUSION GRAPHICS LIMITED - Company Information

Registered Number 06395162

FUSION GRAPHICS LIMITED

Abbreviated Accounts

30 September 2015

FUSION GRAPHICS LIMITED Registered Number 06395162

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	7,300	11,000
		7,300	11,000
Current assets
Debtors		13,679	6,830
Cash at bank and in hand		8,050	13,677
		21,729	20,507
Creditors: amounts falling due within one year		(13,817)	(10,402)
Net current assets (liabilities)		7,912	10,105
Total assets less current liabilities		15,212	21,105
Creditors: amounts falling due after more than one year		(13,518)	(13,913)
Provisions for liabilities		(1,460)	(2,200)
Total net assets (liabilities)		234	4,992
Capital and reserves
Called up share capital		1	1
Profit and loss account		233	4,991
Shareholders' funds		234	4,992

For the year ending 30 September 2015 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 4 November 2015

And signed on their behalf by:
Stephen Burr, Director

FUSION GRAPHICS LIMITED Registered Number 06395162

Notes to the Abbreviated Accounts for the period ended 30 September 2015

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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant and machinery - Now fully written off
Motor vehicles - 25% straight line

Other accounting policies
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are excepted to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 October 2014	17,893
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	17,893
Depreciation
At 1 October 2014	6,893
Charge for the year	3,700
On disposals	-
At 30 September 2015	10,593
Net book values
At 30 September 2015	7,300
At 30 September 2014	11,000