3FLO LTD - Abbreviated accounts 16.1

REGISTERED NUMBER: 07484812 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST JANUARY 2016

FOR

3FLO LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

K G Mardel

A Routledge

REGISTERED OFFICE:

36 Five Acres

London Colney

St Albans

Hertfordshire

AL2 1JD

REGISTERED NUMBER:

07484812 (England and Wales)

ACCOUNTANTS:

Liberty Bishop Accountancy Services Limited

Basepoint Business Centre

110 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

FIXED ASSETS

Tangible assets

2

15,457

1,484

CURRENT ASSETS

Stocks

574

-

Debtors

25,056

56,682

Cash at bank

3,982

47,109

29,612

103,791

CREDITORS

Amounts falling due within one year

33,401

42,756

NET CURRENT (LIABILITIES)/ASSETS

(3,789

)

61,035

TOTAL ASSETS LESS CURRENT
LIABILITIES

11,668

62,519

PROVISIONS FOR LIABILITIES

2,859

-

NET ASSETS

8,809

62,519

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

8,807

62,517

SHAREHOLDERS' FUNDS

8,809

62,519

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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 26th October 2016 and were signed on its behalf
by:

K G Mardel - 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 goods, 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.

Plant and machinery etc

-

25% on cost and 20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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

At 1st February 2015

2,113

Additions

18,128

At 31st January 2016

20,241

DEPRECIATION

At 1st February 2015

629

Charge for year

4,155

At 31st January 2016

4,784

NET BOOK VALUE

At 31st January 2016

15,457

At 31st January 2015

1,484

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/1/16

31/1/15

value:

£

2

Ordinary

£1.00

2