Abbreviated Company Accounts - FREE THINK DIGITAL LIMITED

Abbreviated Company Accounts - FREE THINK DIGITAL LIMITED


Registered Number 06371333

FREE THINK DIGITAL LIMITED

Abbreviated Accounts

31 December 2015

FREE THINK DIGITAL LIMITED Registered Number 06371333

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Current assets
Debtors 5,115 2,615
Cash at bank and in hand 325 86
5,440 2,701
Creditors: amounts falling due within one year (52,318) (51,503)
Net current assets (liabilities) (46,878) (48,802)
Total assets less current liabilities (46,878) (48,802)
Total net assets (liabilities) (46,878) (48,802)
Capital and reserves
Called up share capital 2 2,000 2,000
Profit and loss account (48,878) (50,802)
Shareholders' funds (46,878) (48,802)
  • 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 30 September 2016

And signed on their behalf by:
Mr P Ward, Director

FREE THINK DIGITAL LIMITED Registered Number 06371333

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 January 2015.

Turnover policy
Turnover represents amounts receivable for services provided up to the balance sheet date, net of VAT.

Other accounting policies
Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

2Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
2,000 Ordinary shares of £1 each 2,000 2,000