Abbreviated Company Accounts - F.M.A. SYSTEMS LIMITED

01738504 F.M.A. SYSTEMS LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 01738504 2015-01-01 2015-12-31 01738504 2015-12-31 01738504 2014-12-31 01738504 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 01738504 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 01738504

F.M.A. SYSTEMS LIMITED

Abbreviated Accounts

31 December 2015

F.M.A. SYSTEMS LIMITED Registered Number 01738504

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	175,000	175,000
Tangible assets	3	10,226	7,849
		185,226	182,849
Current assets
Debtors		114,942	58,460
Cash at bank and in hand		57,218	27,751
		172,160	86,211
Creditors: amounts falling due within one year		(125,115)	(96,997)
Net current assets (liabilities)		47,045	(10,786)
Total assets less current liabilities		232,271	172,063
Total net assets (liabilities)		232,271	172,063
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		232,171	171,963
Shareholders' funds		232,271	172,063

For the year ending 31 December 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 27 September 2016

And signed on their behalf by:
Hasnain Muhammad, Director

F.M.A. SYSTEMS LIMITED Registered Number 01738504

Notes to the Abbreviated Accounts for the period ended 31 December 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 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:
Other Tangibles- Development Systems
Plant and machinery 15% Reducing Balance

2Intangible fixed assets

	£
Cost
At 1 January 2015	175,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	175,000
Amortisation
At 1 January 2015	-
Charge for the year	-
On disposals	-
At 31 December 2015	-
Net book values
At 31 December 2015	175,000
At 31 December 2014	175,000

3Tangible fixed assets

	£
Cost
At 1 January 2015	79,234
Additions	3,465
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	82,699
Depreciation
At 1 January 2015	71,385
Charge for the year	1,088
On disposals	-
At 31 December 2015	72,473
Net book values
At 31 December 2015	10,226
At 31 December 2014	7,849

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:
Other Tangibles- Development Systems
Plant and machinery 15% Reducing Balance

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100