Abbreviated Company Accounts - FOTOFIRE LIMITED

04093355 FOTOFIRE LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true 04093355 2015-11-01 2016-10-31 04093355 2016-10-31 04093355 2015-10-31 04093355 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 04093355 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number 04093355

FOTOFIRE LIMITED

Abbreviated Accounts

31 October 2016

FOTOFIRE LIMITED Registered Number 04093355

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	52,932	52,677
		52,932	52,677
Current assets
Debtors		97,056	136,442
Cash at bank and in hand		7,467	5,223
		104,523	141,665
Creditors: amounts falling due within one year		(150,164)	(136,604)
Net current assets (liabilities)		(45,641)	5,061
Total assets less current liabilities		7,291	57,738
Total net assets (liabilities)		7,291	57,738
Capital and reserves
Called up share capital	3	116,500	116,500
Profit and loss account		(109,209)	(58,762)
Shareholders' funds		7,291	57,738

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 31 July 2017

And signed on their behalf by:
Mr Phil Jackson, Director

FOTOFIRE LIMITED Registered Number 04093355

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

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and Buildings - 5% on reducing balance
Plant and Machinery - 25% on reducing balance

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 November 2015	103,695
Additions	4,925
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	108,620
Depreciation
At 1 November 2015	51,018
Charge for the year	4,670
On disposals	-
At 31 October 2016	55,688
Net book values
At 31 October 2016	52,932
At 31 October 2015	52,677

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

	2016 £	2015 £
116,500 Ordinary shares of £1 each	116,500	116,500