Firefly Creative Solutions Ltd - Period Ending 2016-07-31

Registration number: 06305215

Firefly Creative Solutions Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 July 2016
 

Jupps Limited
Chartered Accountants
Storm House
4 Union Place
Worthing
West Sussex
BN11 1LG

Firefly Creative Solutions Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Firefly Creative Solutions Ltd
(Registration number: 06305215)
Abbreviated Balance Sheet at 31 July 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					1,612			2,003
Current assets
Debtors					5,817			6,873
Cash at bank and in hand					2,446			3,441
					8,263			10,314
Creditors: Amounts falling due within one year					(10,536)			(13,168)
Net current liabilities					(2,273)			(2,854)
Net liabilities					(661)			(851)
Capital and reserves
Called up share capital		3			200			200
Profit and loss account					(861)			(1,051)
Shareholders' deficit					(661)			(851)

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 director acknowledges his 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 director on 27 October 2016

.........................................
S Langridge
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Firefly Creative Solutions Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	25% reducing balance

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 August 2015		10,911			10,911
Additions		146			146
At 31 July 2016		11,057			11,057
Depreciation
At 1 August 2015		8,908			8,908
Charge for the year		537			537
At 31 July 2016		9,445			9,445
Net book value
At 31 July 2016		1,612			1,612
At 31 July 2015		2,003			2,003

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary share capital of £1 each		200			200			200			200

Page 2

Firefly Creative Solutions Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued

4	Related party transactions

Director's advances and credits

	2016 Advance/ Credit £	2016 Repaid £	2015 Advance/ Credit £	2015 Repaid £
Sean Langridge
Advances to director	-	-	-	4,878

Page 3