Abbreviated Company Accounts - FIREFLY IT SOLUTIONS LIMITED

FIREFLY IT SOLUTIONS LIMITED - Company Information

SC289900 FIREFLY IT SOLUTIONS LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true SC289900 2015-10-01 2016-09-30 SC289900 2016-09-30 SC289900 2015-09-30 SC289900 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 SC289900 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-09-30 iso4217:GBP shares

Registered Number SC289900

FIREFLY IT SOLUTIONS LIMITED

Abbreviated Accounts

30 September 2016

FIREFLY IT SOLUTIONS LIMITED Registered Number SC289900

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,978	5,144
		4,978	5,144
Current assets
Stocks		4,339	16,917
Debtors		12,114	26,745
Cash at bank and in hand		68,760	61,961
		85,213	105,623
Creditors: amounts falling due within one year		(32,829)	(47,336)
Net current assets (liabilities)		52,384	58,287
Total assets less current liabilities		57,362	63,431
Provisions for liabilities		(996)	(1,029)
Total net assets (liabilities)		56,366	62,402
Capital and reserves
Called up share capital	3	300	300
Profit and loss account		56,066	62,102
Shareholders' funds		56,366	62,402

For the year ending 30 September 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 27 June 2017

And signed on their behalf by:
I D Robinson, Director

FIREFLY IT SOLUTIONS LIMITED Registered Number SC289900

Notes to the Abbreviated Accounts for the period ended 30 September 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 represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

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

Valuation information and policy
Stock and work in progress
Stock and work in progress are valued at the lower of cost and net realisable value.

Other accounting policies
Pensions
The pension costs charged in the financial statements represent the contribution payable by the
company during the year.

2Tangible fixed assets

	£
Cost
At 1 October 2015	18,385
Additions	1,495
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	19,880
Depreciation
At 1 October 2015	13,241
Charge for the year	1,661
On disposals	-
At 30 September 2016	14,902
Net book values
At 30 September 2016	4,978
At 30 September 2015	5,144

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

	2016 £	2015 £
200 A Ordinary shares of £1 each	200	200
100 B Ordinary shares of £1 each	100	100