Abbreviated Company Accounts - FLORAL FUNDAMENTALS LTD

FLORAL FUNDAMENTALS LTD - Company Information

SC493130 FLORAL FUNDAMENTALS LTD 2016-03-31 false 2014-12-11 2016-03-31 true SC493130 2014-12-11 2016-03-31 SC493130 2016-03-31 SC493130 uk-gaap-cd-bus:Director1 2014-12-11 2016-03-31 SC493130 uk-gaap-cd-bus:Director2 2014-12-11 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-11 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 iso4217:GBP shares

Registered Number SC493130

FLORAL FUNDAMENTALS LTD

Abbreviated Accounts

31 March 2016

FLORAL FUNDAMENTALS LTD Registered Number SC493130

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016
		£
Current assets
Debtors		3,686
Cash at bank and in hand		39,195
		42,881
Creditors: amounts falling due within one year		(36,848)
Net current assets (liabilities)		6,033
Total assets less current liabilities		6,033
Total net assets (liabilities)		6,033
Capital and reserves
Called up share capital	2	2
Profit and loss account		6,031
Shareholders' funds		6,033

For the year ending 31 March 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 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 28 June 2016

And signed on their behalf by:
Alison Bradley, Director

FLORAL FUNDAMENTALS LTD Registered Number SC493130

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 January 2015).

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

Other accounting policies
Deferred taxation
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 expected to apply in the periods when the timing differences will reverse.

Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

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

	2016 £
2 Ordinary shares of £1 each	2