Foremist Computing Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03488410 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 31 March 2014

for

Foremist Computing Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D Nicholls

REGISTERED OFFICE:

25 South Copse

East Hunsbury

Northampton

Northants

NN4 0RY

REGISTERED NUMBER:

03488410 (England and Wales)

ACCOUNTANTS:

Cottons Accountants LLP

Regency House

3 Albion Place

Northampton

Northants

NN1 1UD

FIXED ASSETS

Tangible assets

2

454

605

CURRENT ASSETS

Debtors

60

5,820

Cash at bank

17,589

3,688

17,649

9,508

CREDITORS

Amounts falling due within one year

17,258

7,622

NET CURRENT ASSETS

391

1,886

TOTAL ASSETS LESS CURRENT LIABILITIES

845

2,491

PROVISIONS FOR LIABILITIES

91

121

NET ASSETS

754

2,370

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

752

2,368

SHAREHOLDERS' FUNDS

754

2,370

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 14 November 2014 and were signed by:

D Nicholls - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Turnover

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

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

3,112

DEPRECIATION

At 1 April 2013

2,507

Charge for year

151

At 31 March 2014

2,658

NET BOOK VALUE

At 31 March 2014

454

At 31 March 2013

605

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/14

31/3/13

value:

£

£

2

ordinary

£1

2

2