FishFrom Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC424245 (Scotland)

Abbreviated Accounts for the Year Ended 31 May 2014

for

FishFrom Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C D S Cameron

Mrs F Cameron

S P Marriott

O Oddsen

A Robertson

N W A Robertson

REGISTERED OFFICE:

c/o Andrew Robertson

2 Lochrin Square

96 Fountainbridge

Edinburgh

EH3 9QA

REGISTERED NUMBER:

SC424245 (Scotland)

ACCOUNTANTS:

Gillespie Inverarity & Co Limited

Chartered Accountants

33 Leslie Street

BLAIRGOWRIE

Perthshire

PH10 6AW

FIXED ASSETS

Tangible assets

2

46,217

39,369

CURRENT ASSETS

Stocks

650

1,000

Debtors

4,020

1,604

Cash at bank and in hand

813

8,399

5,483

11,003

CREDITORS

Amounts falling due within one year

56,427

19,040

NET CURRENT LIABILITIES

(50,944

)

(8,037

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,727

)

31,332

CAPITAL AND RESERVES

Called up share capital

3

2

2

Share premium

120,000

120,000

Profit and loss account

(124,729

)

(88,670

)

SHAREHOLDERS' FUNDS

(4,727

)

31,332

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

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

The directors acknowledge their 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 Board of Directors on 26 February 2015 and were signed on its behalf by:

A Robertson - Director

O Oddsen - 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).

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

33%

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

39,668

Additions

7,048

At 31 May 2014

46,716

DEPRECIATION

At 1 June 2013

299

Charge for year

200

At 31 May 2014

499

NET BOOK VALUE

At 31 May 2014

46,217

At 31 May 2013

39,369

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

10,000

'A' Ordinary

.001

1

1

10,000

'B' Ordinary

.001

1

1

2,220

'C' Ordinary

.001

-

-

2

2

4.	GOING CONCERN

The accounts are prepared using the going concern basis. The balance sheet shows excess liabilities over

assets and the company is dependent on the continued support of the directors. They have confirmed that the

support will continue for the foreseeable future.