Abbreviated Company Accounts - FUTURE SCOPE 360 LIMITED

FUTURE SCOPE 360 LIMITED - Company Information

08750202 FUTURE SCOPE 360 LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true 08750202 2014-11-01 2015-10-31 08750202 2015-10-31 08750202 2014-10-31 08750202 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 08750202 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 08750202

FUTURE SCOPE 360 LIMITED

Abbreviated Accounts

31 October 2015

FUTURE SCOPE 360 LIMITED Registered Number 08750202

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	28,738	35,814
		28,738	35,814
Current assets
Debtors		-	5,165
Cash at bank and in hand		4,971	2,707
		4,971	7,872
Creditors: amounts falling due within one year		(41,101)	(37,314)
Net current assets (liabilities)		(36,130)	(29,442)
Total assets less current liabilities		(7,392)	6,372
Total net assets (liabilities)		(7,392)	6,372
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(7,393)	6,371
Shareholders' funds		(7,392)	6,372

For the year ending 31 October 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 29 July 2016

And signed on their behalf by:
R M Djan Jr, Director

FUTURE SCOPE 360 LIMITED Registered Number 08750202

Notes to the Abbreviated Accounts for the period ended 31 October 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 net invoiced sales of goods and services.

Tangible assets depreciation policy
Plant and Machinery - 25% on reducing balance.

2Tangible fixed assets

	£
Cost
At 1 November 2014	44,527
Additions	2,504
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	47,031
Depreciation
At 1 November 2014	8,713
Charge for the year	9,580
On disposals	-
At 31 October 2015	18,293
Net book values
At 31 October 2015	28,738
At 31 October 2014	35,814

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1