Abbreviated Company Accounts - 1ST CHOICE FLOORING SOLUTIONS LTD

1ST CHOICE FLOORING SOLUTIONS LTD - Company Information

08866029 1ST CHOICE FLOORING SOLUTIONS LTD 2016-01-31 false 2015-02-01 2016-01-31 true 08866029 2015-02-01 2016-01-31 08866029 2016-01-31 08866029 2015-01-31 08866029 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 08866029 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 iso4217:GBP shares

Registered Number 08866029

1ST CHOICE FLOORING SOLUTIONS LTD

Abbreviated Accounts

31 January 2016

1ST CHOICE FLOORING SOLUTIONS LTD Registered Number 08866029

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,602	-
		2,602	-
Current assets
Debtors		2,520	-
Cash at bank and in hand		22,555	1
		25,075	1
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(17,597)	-
Net current assets (liabilities)		7,478	1
Total assets less current liabilities		10,080	1
Total net assets (liabilities)		10,080	1
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		10,079	-
Shareholders' funds		10,080	1

For the year ending 31 January 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 12 April 2016

And signed on their behalf by:
Mr T Woodcock, Director

1ST CHOICE FLOORING SOLUTIONS LTD Registered Number 08866029

Notes to the Abbreviated Accounts for the period ended 31 January 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 April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows

Fixtures Fittings and Equipment 25% Straight line
Motor Vehicles 25% Straight line

Other accounting policies
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term

Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred taxation balance has not been discounted.

2Tangible fixed assets

	£
Cost
At 1 February 2015	0
Additions	3,122
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	3,122
Depreciation
At 1 February 2015	0
Charge for the year	520
On disposals	-
At 31 January 2016	520
Net book values
At 31 January 2016	2,602
At 31 January 2015	0

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

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1