Abbreviated Company Accounts - FINLOGIX LIMITED

Abbreviated Company Accounts - FINLOGIX LIMITED

FINLOGIX LIMITED - Company Information

Print Friendly Version

Registered Number 06996100

FINLOGIX LIMITED

Abbreviated Accounts

31 August 2016

FINLOGIX LIMITED Registered Number 06996100

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 - 1,609,071
- 1,609,071
Current assets
Debtors 33,173 33,173
Cash at bank and in hand - 1,240
33,173 34,413
Creditors: amounts falling due within one year (3,165,812) (3,165,813)
Net current assets (liabilities) (3,132,639) (3,131,400)
Total assets less current liabilities (3,132,639) (1,522,329)
Total net assets (liabilities) (3,132,639) (1,522,329)
Capital and reserves
Called up share capital 8,510 8,510
Share premium account 9,990 9,990
Profit and loss account (3,151,139) (1,540,829)
Shareholders' funds (3,132,639) (1,522,329)
  • 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 31 May 2017

And signed on their behalf by:
P Hayward, Director

FINLOGIX LIMITED Registered Number 06996100

Notes to the Abbreviated Accounts for the period ended 31 August 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 April 2008.

Turnover policy
Turnover represents the value of goods and services provided to customers.

2Intangible fixed assets
£
Cost
At 1 September 2015 3,124,696
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2016 3,124,696
Amortisation
At 1 September 2015 1,515,625
Charge for the year 1,609,071
On disposals -
At 31 August 2016 3,124,696
Net book values
At 31 August 2016 0
At 31 August 2015 1,609,071