Focal Point Positioning Ltd. - Abbreviated accounts 16.1

REGISTERED NUMBER: 09589495 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 13 May 2015 to 31 March 2016

for

Focal Point Positioning Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Dr R Faragher

Dr P Duffett-smith

Ms E Burbidge

SECRETARY:

D M Buckle

REGISTERED OFFICE:

14 Histon Road

Cambridge

CB4 3LE

REGISTERED NUMBER:

09589495 (England and Wales)

ACCOUNTANTS:

TMT Accounting Limited

Hollywood Mansion

Hollywood Lane

Bristol

BS10 7TW

FIXED ASSETS

Tangible assets

2

5,092

CURRENT ASSETS

Debtors

4,156

Cash at bank

278,181

282,337

CREDITORS

Amounts falling due within one year

4,826

NET CURRENT ASSETS

277,511

TOTAL ASSETS LESS CURRENT LIABILITIES

282,603

CAPITAL AND RESERVES

Called up share capital

3

411,998

Profit and loss account

(129,395

)

SHAREHOLDERS' FUNDS

282,603

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 20 September 2016 and were signed on its behalf by:

Dr R Faragher - 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.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period

of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

5,946

At 31 March 2016

5,946

DEPRECIATION

Charge for period

854

At 31 March 2016

854

NET BOOK VALUE

At 31 March 2016

5,092

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

800,000

Ordinary

0.000012

10

224,501

Ordinary

2.694012

411,988

411,998