Abbreviated Company Accounts - FUTURE SIGNS AND GRAPHICS LIMITED

FUTURE SIGNS AND GRAPHICS LIMITED - Company Information

03203317 FUTURE SIGNS AND GRAPHICS LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 03203317 2013-06-01 2014-05-31 03203317 2014-05-31 03203317 2013-05-31 03203317 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 03203317 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 03203317

FUTURE SIGNS AND GRAPHICS LIMITED

Abbreviated Accounts

31 May 2014

FUTURE SIGNS AND GRAPHICS LIMITED Registered Number 03203317

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	13,348	17,355
		13,348	17,355
Current assets
Stocks		1,253	1,248
Debtors		146,181	102,791
Cash at bank and in hand		32,805	50,692
		180,239	154,731
Creditors: amounts falling due within one year		(169,259)	(152,058)
Net current assets (liabilities)		10,980	2,673
Total assets less current liabilities		24,328	20,028
Provisions for liabilities		(3,541)	(3,541)
Total net assets (liabilities)		20,787	16,487
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		20,687	16,387
Shareholders' funds		20,787	16,487

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 25 February 2015

And signed on their behalf by:
R Beer, Director
Mrs K Beer, Director

FUTURE SIGNS AND GRAPHICS LIMITED Registered Number 03203317

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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Plant & Machinery - 25% reducing balance
Fixtures, Fittings & Equipment - 25% reducing balance
Motor Vehicles - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 June 2013	144,095
Additions	333
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	144,428
Depreciation
At 1 June 2013	126,740
Charge for the year	4,340
On disposals	-
At 31 May 2014	131,080
Net book values
At 31 May 2014	13,348
At 31 May 2013	17,355

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

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