Abbreviated Company Accounts - FIRCHOICE LIMITED

SC169340 FIRCHOICE LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true SC169340 2013-01-01 2013-12-31 SC169340 2013-12-31 SC169340 2012-12-31 SC169340 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 SC169340 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number SC169340

FIRCHOICE LIMITED

Abbreviated Accounts

31 December 2013

FIRCHOICE LIMITED Registered Number SC169340

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	315	419
		315	419
Current assets
Stocks		22,679	-
Debtors		2,478	10,496
Cash at bank and in hand		4,854	3,623
		30,011	14,119
Creditors: amounts falling due within one year		(18,445)	(1,483)
Net current assets (liabilities)		11,566	12,636
Total assets less current liabilities		11,881	13,055
Total net assets (liabilities)		11,881	13,055
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		11,879	13,053
Shareholders' funds		11,881	13,055

For the year ending 31 December 2013 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 22 September 2014

And signed on their behalf by:
William C H Phillips, Director

FIRCHOICE LIMITED Registered Number SC169340

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 the amount derived from the provision of services which fall within the company's normal activities, and is stated net of value added tax. There was no turnover in 2013, during which a new activity, preparing scotch whisky, was introduced, hence the stock figure.

Tangible assets depreciation policy
Assets continue to be written down over the estimated remaining useful life and cost is used unless there is a real reason for re-valuation.

2Tangible fixed assets

	£
Cost
At 1 January 2013	37,314
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	37,314
Depreciation
At 1 January 2013	36,895
Charge for the year	104
On disposals	-
At 31 December 2013	36,999
Net book values
At 31 December 2013	315
At 31 December 2012	419

None

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

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2