Accounts filed on 28-02-2015

Accounts filed on 28-02-2015

FGM ASSOCIATES LIMITED - Company Information

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FGM ASSOCIATES LIMITED

Company Registration Number:
03932732 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 March 2014

End date: 28 February 2015

FGM ASSOCIATES LIMITED

Abbreviated Balance sheet

As at 28 February 2015


Notes
2015
£
2014
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 2 172 229
Total fixed assets: 172 229
Current assets
Stocks: 0 0
Debtors: 0 0
Cash at bank and in hand: 0 29
Total current assets: 0 29
Creditors: amounts falling due within one year: ( 7,226 ) 0
Net current assets (liabilities): ( 7,226 ) 29
Total assets less current liabilities: ( 7,054 ) 258
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 0
Total net assets (liabilities): ( 7,054 ) 258

The notes form part of these financial statements

FGM ASSOCIATES LIMITED

Balance sheet continued

As at 28 February 2015


Notes
2015
£
2014
£
Capital and reserves
Called up share capital: 3 100 100
Revaluation reserve: 0 0
Profit and loss account: ( 7,154 ) 158
Shareholders funds: ( 7,054 ) 258

For the year ending 28 February 2015 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.

The financial statements were approved by the Board of Directors on 28 November 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: Fabio Milone
Status: Director

The notes form part of these financial statements

FGM ASSOCIATES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 28 February 2015

  • 1. Accounting 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)'

    Tangible fixed assets depreciation policy

    Depreciation is calculated at the following rates to write off the cost of an asset, less its residual value, over its estimated useful economic lifetime - annual depreciation of computer equipment is 25% of cost

FGM ASSOCIATES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 28 February 2015

  • 2. Tangible assets

    Total
    Cost £
    01 March 2014: 7,249
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    28 February 2015: 7,249
    Depreciation
    01 March 2014: 7,020
    Charge for year: 57
    On disposals: 0
    Other adjustments: 0
    28 February 2015: 7,077
    Net book value
    28 February 2015: 172
    28 February 2014: 229

FGM ASSOCIATES LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 28 February 2015

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100