Abbreviated Company Accounts - F WORKS LIMITED

05742346 F WORKS LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 05742346 2013-04-01 2014-03-31 05742346 2014-03-31 05742346 2013-03-31 05742346 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 05742346 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director3 2013-03-31 uk-gaap-cd-bus:Director4 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director4 2014-03-31 uk-gaap-cd-bus:Director4 2013-03-31 iso4217:GBP shares

Registered Number 05742346

F WORKS LIMITED

Abbreviated Accounts

31 March 2014

F WORKS LIMITED Registered Number 05742346

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,156	703
		2,156	703
Current assets
Debtors		45,063	31,031
Cash at bank and in hand		40,034	9,076
		85,097	40,107
Creditors: amounts falling due within one year		(21,427)	(4,451)
Net current assets (liabilities)		63,670	35,656
Total assets less current liabilities		65,826	36,359
Total net assets (liabilities)		65,826	36,359
Capital and reserves
Called up share capital		7	7
Share premium account		62,498	62,498
Profit and loss account		3,321	(26,146)
Shareholders' funds		65,826	36,359

For the year ending 31 March 2014 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 9 September 2014

And signed on their behalf by:
Antony Clark, Director

F WORKS LIMITED Registered Number 05742346

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 33% straight line.

2Tangible fixed assets

	£
Cost
At 1 April 2013	2,087
Additions	2,190
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	4,277
Depreciation
At 1 April 2013	1,384
Charge for the year	737
On disposals	-
At 31 March 2014	2,121
Net book values
At 31 March 2014	2,156
At 31 March 2013	703

3Transactions with directors

Name of director receiving advance or credit:	S M King
Description of the transaction:	interest free loan, repayable on demand
Balance at 1 April 2013:	£ 12,956
Advances or credits made:	£ 26,400
Advances or credits repaid:	£ 16,956
Balance at 31 March 2014:	£ 22,400

Name of director receiving advance or credit:	A S Clark
Description of the transaction:	interest free loan, repayable on demand
Balance at 1 April 2013:	£ 3,045
Advances or credits made:	£ 10,000
Advances or credits repaid:	£ 13,045
Balance at 31 March 2014:	£ 0