Shore Future Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07157894 (England and Wales)

Abbreviated Unaudited Accounts For The Year Ended 31 March 2016

for

Shore Future Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr Glyn Gillard

REGISTERED OFFICE:

1 Buckingham Close

Swanwick

Alfreton

Derbyshire

DE55 1EB

REGISTERED NUMBER:

07157894 (England and Wales)

ACCOUNTANTS:

Pedley & Co.

Chartered Certified Accountants

82 Nottingham Road

Somercotes

Alfreton

Derbyshire

DE55 4LY

FIXED ASSETS

Tangible assets

2

284

355

CURRENT ASSETS

Debtors

-

2,364

Cash at bank and in hand

8,531

14,637

8,531

17,001

CREDITORS

Amounts falling due within one year

8,744

16,664

NET CURRENT (LIABILITIES)/ASSETS

(213

)

337

TOTAL ASSETS LESS CURRENT
LIABILITIES

71

692

CAPITAL AND RESERVES

Called up share capital

3

10

Profit and loss account

61

682

SHAREHOLDERS' FUNDS

71

692

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 23 September 2016 and were signed by:

Mr Glyn Gillard - 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 January 2015).

Turnover

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

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

740

DEPRECIATION

At 1 April 2015

385

Charge for year

71

At 31 March 2016

456

NET BOOK VALUE

At 31 March 2016

284

At 31 March 2015

355

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

10

Ordinary

£1

10