Accounts filed on 30-06-2016


Registered number: 08362500






Fourtold Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30/06/2016
























Prepared By:
Dovey Accountancy Services Limited
Chartered Certified Accountants
Heyford Park House
Heyford Park
Upper Heyford
Bicester
OX25 5HD


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 30/06/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 08362500


Registered Number: 08362500

BALANCE SHEET AT 30/06/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		2		1,131

CURRENT ASSETS
Stock		500		-
Debtors (amounts falling due within one year)	3	107,814		117,125
Cash at bank and in hand		222,085		265,876
		330,399		383,001
CREDITORS: Amounts falling due within one year		85,412		157,029
NET CURRENT ASSETS			244,987		225,972
TOTAL ASSETS LESS CURRENT LIABILITIES			244,989		227,103


CREDITORS: Amounts falling due after more than one year	4		205,064		205,064

NET ASSETS			39,925		22,039

CAPITAL AND RESERVES

Called up share capital	5		125		125
Profit and loss account			39,800		21,914
SHAREHOLDERS' FUNDS			39,925		22,039

For the year ending 30/06/2016 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 30/08/2016 and signed on their behalf by




Ms D Parriss
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment		straight line 33%




1c. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
Trade debtors	84,708	113,164
Other debtors	23,106	3,961
	107,814	117,125




4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2016	2015
	£	£
Bank loans and overdrafts	205,064	205,064
	205,064	205,064




5. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
125 Ordinary shares of £1 each	125	125
	125	125




6. CONTROLLING PARTY
The company's ultimate controlling party is Ms D Parriss, the company's director, by way of holding 80% of the company's issued share capital.