Friendly Integrated Solutions Limited Small abbreviated accounts

FRIENDLY INTEGRATED SOLUTIONS LIMITED - Company Information

FY Private Limited Company Company accounts 2016-12-19 2016-12-19 false true false false false false false false false false false false true true 2015-04-01 true xbrli:pure xbrli:shares iso4217:GBP 07588123 2015-04-01 2016-03-31 07588123 2016-03-31 07588123 2015-03-31 07588123 2015-03-31 07588123 uk-gaap:MotorVehicles 2015-04-01 2016-03-31 07588123 uk-gaap:OfficeEquipment 2015-04-01 2016-03-31 07588123 uk-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 07588123 uk-bus:Director4 2015-04-01 2016-03-31 07588123 uk-gaap:AllSubsidiaries 2015-04-01 2016-03-31 07588123 uk-bus:OrdinaryShareClass1 2016-03-31 07588123 uk-bus:OrdinaryShareClass1 2015-03-31 07588123 uk-lang:English 2015-04-01 2016-03-31 07588123 uk-curr:PoundSterling 2015-04-01 2016-03-31

COMPANY REGISTRATION NUMBER 07588123

FRIENDLY INTEGRATED SOLUTIONS LIMITED

ABBREVIATED ACCOUNTS

31 March 2016

FRIENDLY INTEGRATED SOLUTIONS LIMITED

ABBREVIATED BALANCE SHEET

31 March 2016

	2016	2015
Note	£	£	£	£
FIXED ASSETS	2
Tangible assets		1,635		2,180

CURRENT ASSETS

Stocks	3,652		3,420
Debtors	14,375		13,461
	---------		---------
	18,027		16,881
CREDITORS: Amounts falling due within one year	16,547		82,168
	---------		---------
NET CURRENT ASSETS/(LIABILITIES)		1,480		( 65,287)
		-------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES		3,115		( 63,107)

CREDITORS: Amounts falling due after more than one year	71,010	-
	---------	---------
	( 67,895)	( 63,107)
	---------	---------

CAPITAL AND RESERVES

Called up equity share capital	3		100		100
Profit and loss account		( 67,995)		( 63,207)
		---------		---------
DEFICIT		( 67,895)		( 63,107)
		---------		---------

For the year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These abbreviated accounts were approved and signed by the director and authorised for issue on 16 December 2016 .

A. Tahid

Company Registration Number: 07588123

FRIENDLY INTEGRATED SOLUTIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

YEAR ENDED 31 MARCH 2016

1. ACCOUNTING POLICIES

(a) Basis of accounting

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).

(b) Turnover

The turnover shown in the profit and loss account represents the invoice value of goods supplied and services provided during the year, exclusive of Value Added Tax.

All fixed assets are initially recorded at cost.

(d) Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Motor Vehicles-25% per annum reducing balance

Equipment-25% per annum reducing balance

(e) Stocks

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

2. FIXED ASSETS

	Tangible Assets
	£

COST

At 1 April 2015 and 31 March 2016	5,252
	-------

DEPRECIATION

At 1 April 2015	3,072
Charge for year	545
	-------
At 31 March 2016	3,617
	-------

NET BOOK VALUE

At 31 March 2016	1,635
	-------

At 31 March 2015	2,180
	-------

3. SHARE CAPITAL

Allotted, called up and fully paid:

2016	2015
No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----