Force 55 Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07956350 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 28 February 2015

for

Force 55 Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P W Bell

REGISTERED OFFICE:

Roland House

Princes Dock Street

Hull

East Yorkshire

HU1 2LD

REGISTERED NUMBER:

07956350 (England and Wales)

ACCOUNTANTS:

Try Lunn & Co

Chartered Accountants

Roland House

Princes Dock Street

HULL HU1 2LD

FIXED ASSETS

Intangible assets

2

9,482

8,481

Tangible assets

3

866

2,153

10,348

10,634

CURRENT ASSETS

Cash at bank and in hand

428

981

CREDITORS

Amounts falling due within one year

16,940

15,280

NET CURRENT LIABILITIES

(16,512

)

(14,299

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,164

)

(3,665

)

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

(6,166

)

(3,667

)

SHAREHOLDERS' FUNDS

(6,164

)

(3,665

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 21 October 2015 and were signed by:

P W Bell - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company is dependent on the continued financial support of P W Bell the sole director and shareholder,

who has agreed to provide such support.

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.

Plant and machinery etc

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2014

8,791

Additions

1,502

At 28 February 2015

10,293

AMORTISATION

At 1 March 2014

310

Amortisation for year

501

At 28 February 2015

811

NET BOOK VALUE

At 28 February 2015

9,482

At 28 February 2014

8,481

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2014

and 28 February 2015

3,900

DEPRECIATION

At 1 March 2014

1,747

Charge for year

1,287

At 28 February 2015

3,034

NET BOOK VALUE

At 28 February 2015

866

At 28 February 2014

2,153

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 28 February 2015 the company owed the director Mr P Bell £16,160 (2014 - £14,860).