Abbreviated Company Accounts - FANLOGIC LIMITED

09174029 FANLOGIC LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 09174029 2015-04-01 2016-03-31 09174029 2016-03-31 09174029 2015-03-31 09174029 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 09174029 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2015-03-31 iso4217:GBP shares

Registered Number 09174029

FANLOGIC LIMITED

Abbreviated Accounts

31 March 2016

FANLOGIC LIMITED Registered Number 09174029

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	100
Fixed assets
Intangible assets	2	173,655	-
		173,655	-
Current assets
Debtors		9,300	-
Cash at bank and in hand		4,991	-
		14,291	-
Creditors: amounts falling due within one year		(258,001)	-
Net current assets (liabilities)		(243,710)	-
Total assets less current liabilities		(70,055)	100
Total net assets (liabilities)		(70,055)	100
Capital and reserves
Called up share capital	3	310,388	100
Profit and loss account		(380,443)	-
Shareholders' funds		(70,055)	100

For the year ending 31 March 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 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 30 December 2016

And signed on their behalf by:
J H Thompson, Director
C P J Wightman, Director

FANLOGIC LIMITED Registered Number 09174029

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 January 2015.

Other accounting policies
Intangible fixed assets
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Software Set-up & Licenses - 20% on cost from 1 April 2016.

Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Intangible fixed assets

	£
Cost
At 1 April 2015	-
Additions	173,655
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	173,655
Amortisation
At 1 April 2015	0
Charge for the year	-
On disposals	-
At 31 March 2016	0
Net book values
At 31 March 2016	173,655
At 31 March 2015	0

Data Software Set-up & Licenses.

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
0 Ordinary shares of £1 each (100 shares for 2015)	0	100
10,000 Ordinary shares of £0.01 each (0 shares for 2015)	100	0
89,180 Ordinary shares of £3.47935 each (0 shares for 2015)	310,288	0

100 Ordinary subscriber shares were issued on 13 August 2014.
These were converted to 10000 Ordinary share of £0.01 each on 30 June 2015.
A further 89180 shares were issued between 30 June 2015 and 1 February 2016 at prices between £0.01 and £50.00 per share. All shares carry equal rights in all respects.