Food and Drink Photos Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08184640 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 20 August 2012 to 31 December 2013

for

FOOD AND DRINK PHOTOS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M Butler

REGISTERED OFFICE:

Unit 321 Wey House

15 Church Street

Weybridge

Surrey

KT13 8NA

REGISTERED NUMBER:

08184640 (England and Wales)

ACCOUNTANTS:

Bolton & Co

Squirrels Wood

Reigate Road

Leatherhead

Surrey

KT22 8QY

FIXED ASSETS

Intangible assets

2

32,000

Tangible assets

3

1,120

33,120

CURRENT ASSETS

Debtors

3,364

Cash at bank

12,575

15,939

CREDITORS

Amounts falling due within one year

62,464

NET CURRENT LIABILITIES

(46,525

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(13,405

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

(13,505

)

SHAREHOLDERS' FUNDS

(13,405

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 20 July 2014 and were signed by:

M Butler - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

40,000

At 31 December 2013

40,000

AMORTISATION

Amortisation for period

8,000

At 31 December 2013

8,000

NET BOOK VALUE

At 31 December 2013

32,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,671

At 31 December 2013

1,671

DEPRECIATION

Charge for period

551

At 31 December 2013

551

NET BOOK VALUE

At 31 December 2013

1,120

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The Director will not draw on the loan account until the company has sufficient reserves in order to do so.