Abbreviated Company Accounts - FOAM SOURCE EUROPE LIMITED

FOAM SOURCE EUROPE LIMITED - Company Information

04980319 FOAM SOURCE EUROPE LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 04980319 2015-01-01 2015-12-31 04980319 2015-12-31 04980319 2014-12-31 04980319 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 04980319 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:EUR shares

Registered Number 04980319

FOAM SOURCE EUROPE LIMITED

Abbreviated Accounts

31 December 2015

FOAM SOURCE EUROPE LIMITED Registered Number 04980319

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		€	€
Current assets
Debtors		48,919	48,919
Cash at bank and in hand		48	86
		48,967	49,005
Creditors: amounts falling due within one year		(28,240)	(33,096)
Net current assets (liabilities)		20,727	15,909
Total assets less current liabilities		20,727	15,909
Total net assets (liabilities)		20,727	15,909
Capital and reserves
Called up share capital	2	1	1
Profit and loss account		20,726	15,908
Shareholders' funds		20,727	15,909

For the year ending 31 December 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 16 June 2016

And signed on their behalf by:
Ms C D Van Heerden, Director

FOAM SOURCE EUROPE LIMITED Registered Number 04980319

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents net invoiced sales of services, excluding value added tax.

Other accounting policies
Foreign currencies
Assets and liabilities in foreign currencies, with the exception of share capital, are translated into Euros at the rates of exchange ruling at the Balance Sheet date. Share capital is translated at the historical rate. Transactions in foreign currencies are translated into Euros at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 €	2014 €
1 Ordinary shares of €1 each	1	1