Abbreviated Company Accounts - FUTURE SIGNS AND GRAPHICS LIMITED

FUTURE SIGNS AND GRAPHICS LIMITED - Company Information

03203317 FUTURE SIGNS AND GRAPHICS LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 03203317 2014-06-01 2015-05-31 03203317 2015-05-31 03203317 2014-05-31 03203317 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 03203317 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 03203317

FUTURE SIGNS AND GRAPHICS LIMITED

Abbreviated Accounts

31 May 2015

FUTURE SIGNS AND GRAPHICS LIMITED Registered Number 03203317

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	9,979	13,348
		9,979	13,348
Current assets
Stocks		1,276	1,253
Debtors		67,084	146,181
Cash at bank and in hand		55,735	32,805
		124,095	180,239
Creditors: amounts falling due within one year		(104,595)	(169,259)
Net current assets (liabilities)		19,500	10,980
Total assets less current liabilities		29,479	24,328
Provisions for liabilities		(3,541)	(3,541)
Total net assets (liabilities)		25,938	20,787
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		25,838	20,687
Shareholders' funds		25,938	20,787

For the year ending 31 May 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.

Approved by the Board on 26 February 2016

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

FUTURE SIGNS AND GRAPHICS LIMITED Registered Number 03203317

Notes to the Abbreviated Accounts for the period ended 31 May 2015

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 service 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 2014	144,428
Additions	970
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	145,398
Depreciation
At 1 June 2014	131,080
Charge for the year	4,339
On disposals	-
At 31 May 2015	135,419
Net book values
At 31 May 2015	9,979
At 31 May 2014	13,348

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100