Abbreviated Company Accounts - PICFLIC LIMITED

Registered Number 09280527

PICFLIC LIMITED

Abbreviated Accounts

31 October 2016

PICFLIC LIMITED Registered Number 09280527

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	130,625	91,120
		130,625	91,120
Current assets
Debtors		1	1
		1	1
Creditors: amounts falling due within one year		(132,469)	(91,480)
Net current assets (liabilities)		(132,468)	(91,479)
Total assets less current liabilities		(1,843)	(359)
Total net assets (liabilities)		(1,843)	(359)
Capital and reserves
Called up share capital		1	1
Profit and loss account		(1,844)	(360)
Shareholders' funds		(1,843)	(359)

For the year ending 31 October 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 18 July 2017

And signed on their behalf by:
Charlie James Wooldridge, Director

PICFLIC LIMITED Registered Number 09280527

Notes to the Abbreviated Accounts for the period ended 31 October 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
There was no turnover in the year.

Tangible assets depreciation policy
No depreciation has been provided in the year.

Other accounting policies
Cash flow statement. The company is exempt from including a statement of cash flows in its
accounts in accordance with FRSSE (effective January 2015).

2Tangible fixed assets

	£
Cost
At 1 November 2015	91,120
Additions	39,505
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	130,625
Depreciation
At 1 November 2015	-
Charge for the year	-
On disposals	-
At 31 October 2016	-
Net book values
At 31 October 2016	130,625
At 31 October 2015	91,120