Abbreviated Company Accounts - FPCG (UK) LIMITED

Registered Number 08417757

FPCG (UK) LIMITED

Abbreviated Accounts

28 February 2014

FPCG (UK) LIMITED Registered Number 08417757

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014
		£
Prepayments and accrued income		11,936
Creditors: amounts falling due within one year		(9,958)
Net current assets (liabilities)		1,978
Total assets less current liabilities		1,978
Creditors: amounts falling due after more than one year		(222,156)
Total net assets (liabilities)		(220,178)
Capital and reserves
Called up share capital		193,288
Profit and loss account		(413,466)
Shareholders' funds		(220,178)

For the year ending 28 February 2014 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 8 December 2014

And signed on their behalf by:
David Conrod, Director

FPCG (UK) LIMITED Registered Number 08417757

Notes to the Abbreviated Accounts for the period ended 28 February 2014

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
Advisory and placement fees include fees earned from placement agent and advisory services. Placement fees are recognized at the time a transaction is consummated and the income is reasonably determinable. The revenue is recognized on an accrued basis and generally occurs at a client Fund's closing event.

Tangible assets depreciation policy
Currently the company holds no tangible property

Intangible assets amortisation policy
Accounts receivable is comprised of amounts due to the Company for fees earned on placement agent and advisory services. The receivables are reviewed periodically for potential impairment.

Other accounting policies
Expenses are accrued when they are reasonably estimable.