Abbreviated Company Accounts - FRIENDLY INTEGRATED SOLUTIONS LIMITED

FRIENDLY INTEGRATED SOLUTIONS LIMITED - Company Information

07588123 FRIENDLY INTEGRATED SOLUTIONS LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 07588123 2013-04-01 2014-03-31 07588123 2014-03-31 07588123 2013-03-31 07588123 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 07588123 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 07588123

FRIENDLY INTEGRATED SOLUTIONS LIMITED

Abbreviated Accounts

31 March 2014

FRIENDLY INTEGRATED SOLUTIONS LIMITED Registered Number 07588123

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	3,476	4,347
		3,476	4,347
Current assets
Stocks		3,105	1,318
Debtors		14,676	6,470
Cash at bank and in hand		1,383	5,610
		19,164	13,398
Creditors: amounts falling due within one year		(71,855)	(57,747)
Net current assets (liabilities)		(52,691)	(44,349)
Total assets less current liabilities		(49,215)	(40,002)
Total net assets (liabilities)		(49,215)	(40,002)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(49,315)	(40,102)
Shareholders' funds		(49,215)	(40,002)

For the year ending 31 March 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 9 December 2014

And signed on their behalf by:
DR M MANNAN, Director

FRIENDLY INTEGRATED SOLUTIONS LIMITED Registered Number 07588123

Notes to the Abbreviated Accounts for the period ended 31 March 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
The turnover shown in the profit and loss account represents the invoice value of goods supplied and services provided during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Motor Vehicles - 25% per annum reducing balance
Equipment - 25% per annum reducing balance

Other accounting policies
Going concern -
The directors believe it is appropriate to prepare these financial statements on the going concern basis despite the reported net current liabilities of £52,691 shown in the balance sheet on page 4.

Included within creditors falling due within one year is an amount of £62,810 owed to the directors of the company. They have undertaken that they would not threaten the viability of the business by making withdrawals from their current accounts and have provided assurances that sufficient funds will be advanced to ensure that the company is able to meet all of its liabilities as they fall due for a period of at least 12 months from the date of signing these financial statements.

2Tangible fixed assets

	£
Cost
At 1 April 2013	6,866
Additions	288
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	7,154
Depreciation
At 1 April 2013	2,519
Charge for the year	1,159
On disposals	-
At 31 March 2014	3,678
Net book values
At 31 March 2014	3,476
At 31 March 2013	4,347

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100