Fury Promotions Ltd

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Registered number: 08570232
Fury Promotions Ltd
Abbreviated accounts
For the Period 14 June 2013 to 30 June 2014
Abbreviated Balance Sheet
Period to 30 June 2014
Notes £ £
FIXED ASSETS
Tangible assets 2 1,357
1,357
CURRENT ASSETS
Debtors 55,236
Cash at bank and in hand 550
55,786
Creditors: Amounts Falling Due Within One Year (56,480)
NET CURRENT ASSETS (LIABILITIES) (694)
TOTAL ASSETS LESS CURRENT LIABILITIES 663
NET ASSETS 663
CAPITAL AND RESERVES
Called up share capital 3 100
Profit and Loss account 563
SHAREHOLDERS' FUNDS 663
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For the period ending 30 June 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
On behalf of the board
Mr Ashif Patel
13/11/2014
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Notes to the Abbreviated Accounts
Accounting Policies
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25%
Computer Equipment 25%
Tangible Assets
Total
Cost £
As at 14 June 2013 -
Additions 1,447
As at 30 June 2014 1,447
Depreciation
As at 14 June 2013 -
Provided during the period 90
As at 30 June 2014 90
Net Book Value
As at 30 June 2014 1,357
As at 14 June 2013 -
Share Capital
Value Number Period to 30 June 2014
Allotted, called up and fully paid: £ £
Ordinary shares 1.000 100 100
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