Fluent Limited - Abbreviated accounts

Registered number

04690780

Fluent Limited

Abbreviated Accounts

31 March 2016

Fluent Limited
Registered number:		04690780
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		800,813			798,932

Current assets
Debtors		12,415			23,363
Cash at bank and in hand		45,419			79,922
		57,834			103,285

Creditors: amounts falling due within one year		(46,084)			(51,450)

Net current assets			11,750			51,835

Total assets less current liabilities			812,563			850,767


Provisions for liabilities			(6,559)			(9,366)


Net assets			806,004			841,401

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			805,904			841,301

Shareholder's funds			806,004			841,401

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



JS Gilpin
Director
Approved by the board on 11 November 2016

Fluent Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

1	Accounting policies

	Basis of preparation
	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
	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.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			20% reducing balance
	Leasehold Improvements			10% reducing balance
	Motor vehicles			25% reducing balance

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 April 2015					918,979
	Additions					35,228
	At 31 March 2016					954,207

	Depreciation
	At 1 April 2015					120,047
	Charge for the year					33,347
	At 31 March 2016					153,394

	Net book value
	At 31 March 2016					800,813
	At 31 March 2015					798,932


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100