Abbreviated Company Accounts - THE FUN FACTORY (NI) LIMITED

THE FUN FACTORY (NI) LIMITED - Company Information

NI607484 THE FUN FACTORY (NI) LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true NI607484 2013-06-01 2014-05-31 NI607484 2014-05-31 NI607484 2013-05-31 NI607484 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 NI607484 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number NI607484

THE FUN FACTORY (NI) LIMITED

Abbreviated Accounts

31 May 2014

THE FUN FACTORY (NI) LIMITED Registered Number NI607484

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	184,390	193,245
		184,390	193,245
Current assets
Debtors		9,348	7,412
Cash at bank and in hand		68,932	82,285
		78,280	89,697
Creditors: amounts falling due within one year		(241,898)	(265,409)
Net current assets (liabilities)		(163,618)	(175,712)
Total assets less current liabilities		20,772	17,533
Provisions for liabilities		(620)	-
Total net assets (liabilities)		20,152	17,533
Capital and reserves
Called up share capital	3	2,000	2,000
Profit and loss account		18,152	15,533
Shareholders' funds		20,152	17,533

For the year ending 31 May 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 19 November 2014

And signed on their behalf by:
Mrs Carolyn Caramichael, Director

THE FUN FACTORY (NI) LIMITED Registered Number NI607484

Notes to the Abbreviated Accounts for the period ended 31 May 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 total Invoice Value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:
Land & Buildings Straight Line over 40 years
Plant & Machinery - 20% straight Line
Fixtures & Fittings & Equipment - 20% straight Line

2Tangible fixed assets

	£
Cost
At 1 June 2013	214,152
Additions	3,100
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	217,252
Depreciation
At 1 June 2013	20,907
Charge for the year	11,955
On disposals	-
At 31 May 2014	32,862
Net book values
At 31 May 2014	184,390
At 31 May 2013	193,245

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

	2014 £	2013 £
2,000 Ordinary shares of £1 each	2,000	2,000