Abbreviated Company Accounts - FORTOM LIMITED

05870756 FORTOM LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 05870756 2013-04-01 2014-03-31 05870756 2014-03-31 05870756 2013-03-31 05870756 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 05870756 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 uk-gaap-cd-bus:OrdinaryShareClass2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-03-31 iso4217:GBP shares

Registered Number 05870756

FORTOM LIMITED

Abbreviated Accounts

31 March 2014

FORTOM LIMITED Registered Number 05870756

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	-	506
		-	506
Current assets
Debtors		6,748	4,807
Cash at bank and in hand		1,823	488
		8,571	5,295
Creditors: amounts falling due within one year		(8,073)	(5,974)
Net current assets (liabilities)		498	(679)
Total assets less current liabilities		498	(173)
Total net assets (liabilities)		498	(173)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		496	(175)
Shareholders' funds		498	(173)

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 28 December 2014

And signed on their behalf by:
G Cross, Director

FORTOM LIMITED Registered Number 05870756

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
Turnover represents the value of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Office equipment 20% straight line

Other accounting policies
Deferred taxation
Deferred tax is provided using the liability method in respect of all timing differences that have originated but not reversed by the balance sheet date. Deferred tax assets are recognised only where it is considered more likely than not that future profits will be available for offset. The company has not adopted a policy of discounting deferred tax assets and liabilities.

Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

2Tangible fixed assets

	£
Cost
At 1 April 2013	5,218
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	5,218
Depreciation
At 1 April 2013	4,712
Charge for the year	506
On disposals	-
At 31 March 2014	5,218
Net book values
At 31 March 2014	0
At 31 March 2013	506

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

	2014 £	2013 £
1 Ordinary share of £1 each	1	1
1 A Ordinary shares of £1 each	1	1