Micro-entity Accounts - FROTHYS LIMITED

08560757 FROTHYS LIMITED 2017-08-31 false 2016-09-01 2017-08-31 true 08560757 2016-09-01 2017-08-31 08560757 2017-08-31 08560757 2016-08-31 08560757 uk-gaap-cd-bus:Director1 2016-09-01 2017-08-31 08560757 uk-gaap-cd-bus:Director2 2016-09-01 2017-08-31 08560757 uk-gaap-cd-bus:AllEntityOfficers 2016-09-01 2017-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-01 2017-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2017-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 iso4217:GBP shares

Registered Number 08560757

FROTHYS LIMITED

Micro-entity Accounts

31 August 2017

FROTHYS LIMITED Registered Number 08560757

Micro-entity Balance Sheet as at 31 August 2017

	Notes	2017	2016
		£	£
Fixed assets
Intangible assets	1	48,000	56,000
Tangible assets	2	20,325	25,407
		68,325	81,407
Current assets
Stocks		1,150	1,519
Debtors		21,474	14,524
Cash at bank and in hand		899	851
		23,523	16,894
Creditors: amounts falling due within one year		(68,912)	(60,772)
Net current assets (liabilities)		(45,389)	(43,878)
Total assets less current liabilities		22,936	37,529
Creditors: amounts falling due after more than one year		(21,882)	(28,134)
Total net assets (liabilities)		1,054	9,395
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		954	9,295
Shareholders' funds		1,054	9,395

For the year ending 31 August 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 January 2018

And signed on their behalf by:
Timothy Richard Wright, Director

FROTHYS LIMITED Registered Number 08560757

Notes to the Micro-entity Accounts for the period ended 31 August 2017

1Intangible fixed assets

	£
Cost
At 1 September 2016	80,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2017	80,000
Amortisation
At 1 September 2016	24,000
Charge for the year	8,000
On disposals	-
At 31 August 2017	32,000
Net book values
At 31 August 2017	48,000
At 31 August 2016	56,000

2Tangible fixed assets

	£
Cost
At 1 September 2016	36,232
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2017	36,232
Depreciation
At 1 September 2016	10,825
Charge for the year	5,082
On disposals	-
At 31 August 2017	15,907
Net book values
At 31 August 2017	20,325
At 31 August 2016	25,407

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

	2017 £	2016 £
100 Ordinary shares of £1 each	100	100

4Accounting 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.

Tangible assets depreciation policy
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Fixtures, fittings and equipment: 20% reducing balance

Intangible assets amortisation policy
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Goodwill: 10% Straight line