Abbreviated Company Accounts - LIZ FARAHADI LTD

Abbreviated Company Accounts - LIZ FARAHADI LTD

THE SOHO LONDON INDEPENDENT FILM FESTIVAL LTD - Company Information

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Registered Number 09626216

LIZ FARAHADI LTD

Abbreviated Accounts

30 June 2016

LIZ FARAHADI LTD Registered Number 09626216

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016
£
Fixed assets
Tangible assets 2 169
169
Current assets
Cash at bank and in hand 166
166
Creditors: amounts falling due within one year (7,133)
Net current assets (liabilities) (6,967)
Total assets less current liabilities (6,798)
Total net assets (liabilities) (6,798)
Capital and reserves
Called up share capital 100
Profit and loss account (6,898)
Shareholders' funds (6,798)
  • For the year ending 30 June 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 29 September 2016

And signed on their behalf by:
E Howard, Director

LIZ FARAHADI LTD Registered Number 09626216

Notes to the Abbreviated Accounts for the period ended 30 June 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:
Computer equipment 25% reducing balance.

2Tangible fixed assets
£
Cost
Additions 225
Disposals -
Revaluations -
Transfers -
At 30 June 2016 225
Depreciation
Charge for the year 56
On disposals -
At 30 June 2016 56
Net book values
At 30 June 2016 169