Abbreviated Company Accounts - FUTURISTIC SOLUTIONS LTD

FUTURISTIC SOLUTIONS LTD - Company Information

08609212 FUTURISTIC SOLUTIONS LTD 2016-07-31 false 2015-08-01 2016-07-31 true 08609212 2015-08-01 2016-07-31 08609212 2016-07-31 08609212 2015-07-31 08609212 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 08609212 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 08609212

FUTURISTIC SOLUTIONS LTD

Abbreviated Accounts

31 July 2016

FUTURISTIC SOLUTIONS LTD Registered Number 08609212

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	23,201	-
		23,201	-
Current assets
Debtors		4,005	9,075
Cash at bank and in hand		500	-
		4,505	9,075
Creditors: amounts falling due within one year		(9,778)	(9,005)
Net current assets (liabilities)		(5,273)	70
Total assets less current liabilities		17,928	70
Provisions for liabilities		(4,640)	-
Total net assets (liabilities)		13,288	70
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		13,287	69
Shareholders' funds		13,288	70

For the year ending 31 July 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 28 September 2016

And signed on their behalf by:
J Walker, Director

FUTURISTIC SOLUTIONS LTD Registered Number 08609212

Notes to the Abbreviated Accounts for the period ended 31 July 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 the sale of goods and services net of value added tax.

Tangible assets depreciation policy
Plant nad machinery 25% on written down value.

2Tangible fixed assets

	£
Cost
At 1 August 2015	-
Additions	23,695
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	23,695
Depreciation
At 1 August 2015	-
Charge for the year	494
On disposals	-
At 31 July 2016	494
Net book values
At 31 July 2016	23,201
At 31 July 2015	-

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1