Abbreviated Company Accounts - FUTURE SCOPE 360 LIMITED

FUTURE SCOPE 360 LIMITED - Company Information

08750202 FUTURE SCOPE 360 LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true 08750202 2015-11-01 2016-10-31 08750202 2016-10-31 08750202 2015-10-31 08750202 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 08750202 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 08750202

FUTURE SCOPE 360 LIMITED

Abbreviated Accounts

31 October 2016

FUTURE SCOPE 360 LIMITED Registered Number 08750202

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	22,177	28,738
		22,177	28,738
Current assets
Cash at bank and in hand		10,332	4,971
		10,332	4,971
Creditors: amounts falling due within one year		(36,071)	(41,101)
Net current assets (liabilities)		(25,739)	(36,130)
Total assets less current liabilities		(3,562)	(7,392)
Total net assets (liabilities)		(3,562)	(7,392)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(3,563)	(7,393)
Shareholders' funds		(3,562)	(7,392)

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:
R M Djan Jr, Director

FUTURE SCOPE 360 LIMITED Registered Number 08750202

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 January 2015.

Turnover policy
Turnover represents net invoiced sales of goods and services.

Tangible assets depreciation policy
Plant and Machinery - 25% on reducing balance.

2Tangible fixed assets

	£
Cost
At 1 November 2015	47,031
Additions	831
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	47,862
Depreciation
At 1 November 2015	18,293
Charge for the year	7,392
On disposals	-
At 31 October 2016	25,685
Net book values
At 31 October 2016	22,177
At 31 October 2015	28,738

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

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