Abbreviated Company Accounts - FLIGHT PROFILE LIMITED

FLIGHT PROFILE LIMITED - Company Information

06348967 FLIGHT PROFILE LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 06348967 2015-09-01 2016-08-31 06348967 2016-08-31 06348967 2015-08-31 06348967 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 06348967 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 06348967

FLIGHT PROFILE LIMITED

Abbreviated Accounts

31 August 2016

FLIGHT PROFILE LIMITED Registered Number 06348967

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	1,556	2,176
Investments		-	-
		1,556	2,176
Current assets
Stocks		-	-
Debtors		9,683	216
Investments		-	-
Cash at bank and in hand		310,293	215,580
		319,976	215,796
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(57,370)	(18,727)
Net current assets (liabilities)		262,606	197,069
Total assets less current liabilities		264,162	199,245
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		(311)	(435)
Accruals and deferred income		0	0
Total net assets (liabilities)		263,851	198,810
Capital and reserves
Called up share capital	3	100	100
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		263,751	198,710
Shareholders' funds		263,851	198,810

For the year ending 31 August 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 11 May 2017

And signed on their behalf by:
R Cox, Director

FLIGHT PROFILE LIMITED Registered Number 06348967

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover comprises the value of sales (excluding VAT, similar taxes and trade discounts) of goods and services provided in the normal course of business. Turnover is respect of service contracts is recognised when the company obtains the right to receive consideration for the services provided.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 25% reducing balance
Fixtures, fittings
and equipment - 33% straight line

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.

2Tangible fixed assets

	£
Cost
At 1 September 2015	7,969
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 August 2016	7,969
Depreciation
At 1 September 2015	5,793
Charge for the year	620
On disposals	0
At 31 August 2016	6,413
Net book values
At 31 August 2016	1,556
At 31 August 2015	2,176

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100