Finite Design Limited - Limited company - abbreviated

REGISTERED NUMBER: 04714917 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 March 2014

for

FINITE DESIGN LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P N Hacking

SECRETARY:

Mrs A C Hacking

REGISTERED OFFICE:

Brook House

Mint Street

Godalming

Surrey

GU7 1HE

REGISTERED NUMBER:

04714917 (England and Wales)

ACCOUNTANTS:

Bean Counters

Churchmill House

Ockford Road

GODALMING

Surrey

GU7 1QY

FIXED ASSETS

Intangible assets

2

27,250

30,250

Tangible assets

3

2,986

2,287

30,236

32,537

CURRENT ASSETS

Debtors

50,212

49,485

Cash at bank

65,198

2,744

115,410

52,229

CREDITORS

Amounts falling due within one year

49,206

17,423

NET CURRENT ASSETS

66,204

34,806

TOTAL ASSETS LESS CURRENT
LIABILITIES

96,440

67,343

CAPITAL AND RESERVES

Called up share capital

4

120

Profit and loss account

96,320

67,223

SHAREHOLDERS' FUNDS

96,440

67,343

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 9 October 2014 and were signed by:

P N Hacking - 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 April 2008).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

60,000

AMORTISATION

At 1 April 2013

29,750

Amortisation for year

3,000

At 31 March 2014

32,750

NET BOOK VALUE

At 31 March 2014

27,250

At 31 March 2013

30,250

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

9,742

Additions

1,695

At 31 March 2014

11,437

DEPRECIATION

At 1 April 2013

7,455

Charge for year

996

At 31 March 2014

8,451

NET BOOK VALUE

At 31 March 2014

2,986

At 31 March 2013

2,287

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

100

A Ordinary Shares

£1

100

10

B ordinary Shares

£1

10

C Ordinary Shares

£1

10

120

Finite Design Limited - Limited company - abbreviated - 11.0.0

Finite Design Limited - Limited company - abbreviated - 11.0.0