Abbreviated Company Accounts - LIQUID FRIENDS LIMITED

LIQUID FRIENDS LIMITED - Company Information

07021698 LIQUID FRIENDS LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 07021698 2014-10-01 2015-09-30 07021698 2015-09-30 07021698 2014-09-30 07021698 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 07021698 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 07021698

LIQUID FRIENDS LIMITED

Abbreviated Accounts

30 September 2015

LIQUID FRIENDS LIMITED Registered Number 07021698

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,632	3,509
		2,632	3,509
Current assets
Stocks		65	101
Cash at bank and in hand		309	494
		374	595
Creditors: amounts falling due within one year		(1,908)	(1,552)
Net current assets (liabilities)		(1,534)	(957)
Total assets less current liabilities		1,098	2,552
Total net assets (liabilities)		1,098	2,552
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		998	2,452
Shareholders' funds		1,098	2,552

For the year ending 30 September 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 6 May 2016

And signed on their behalf by:
O Fadojutimi, Director

LIQUID FRIENDS LIMITED Registered Number 07021698

Notes to the Abbreviated Accounts for the period ended 30 September 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.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life, as follows:

Office Equipment - 25% on reducing balance
Fixtures & Fittings - 25% on reducing balance
Motor Vehicle - 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 October 2014	6,241
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	6,241
Depreciation
At 1 October 2014	2,732
Charge for the year	877
On disposals	-
At 30 September 2015	3,609
Net book values
At 30 September 2015	2,632
At 30 September 2014	3,509

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

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