Fdp Ventures Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09578836 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 7 May 2015 to 31 May 2016

for

Fdp Ventures Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

T J Taylor

A K Eggleston ACA

J Cocozza

REGISTERED OFFICE:

340 Melton Road

Leicester

Leicestershire

LE4 7SL

REGISTERED NUMBER:

09578836 (England and Wales)

ACCOUNTANTS:

Eggleston Wiley LLP

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

FIXED ASSETS

Intangible assets

2

39,245

CURRENT ASSETS

Debtors

1,364

Cash at bank

10,718

12,082

CREDITORS

Amounts falling due within one year

18,348

NET CURRENT LIABILITIES

(6,266

)

TOTAL ASSETS LESS CURRENT LIABILITIES

32,979

CAPITAL AND RESERVES

Called up share capital

3

71,413

Profit and loss account

(38,434

)

SHAREHOLDERS' FUNDS

32,979

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 23 January 2017 and were signed on its behalf by:

T J Taylor - 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 January 2015).

Turnover

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

Intangible assets

Capitalised development costs are amortised over their estimated useful lives of five years.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

49,056

At 31 May 2016

49,056

AMORTISATION

Amortisation for period

9,811

At 31 May 2016

9,811

NET BOOK VALUE

At 31 May 2016

39,245

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1,427

Ordinary

0.01

71,413