Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Frida Josef Limited
Contents
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Frida Josef Limited
(Registration number: 07650731)
Abbreviated Balance Sheet at 31 March 2016
Note |
2016
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2015
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets/(liabilities) |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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- |
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Net liabilities |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' deficit |
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( |
1
Frida Josef Limited
(Registration number: 07650731)
Abbreviated Balance Sheet at 31 March 2016
......... continued
Approved by the director on
.........................................
E H Meller
Director
2
Frida Josef Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Accounting policies |
Basis of preparation
Going concern
The financial statements have been prepared on a going concern basis which assumes that the company will continue to trade. The validity of this assumption is dependent on the continued support of the director not requiring the withdrawal of his monies owed to him until sufficient funds are available.
If the company were unable to trade, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise, and to reclassify fixed assets and long term liabilities as current assets and liabilities.
Turnover
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows;
Asset class |
Amortisation method and rate |
Trade marks and patents |
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Depreciation
Tangible fixed assets are initially recorded at cost. Depreciation is provided on tangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Office equipment |
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Plant and machinery |
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Research and development
Stock
Frida Josef Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 April 2015 |
340 |
500 |
840 |
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Additions |
1,000 |
204 |
1,204 |
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At 31 March 2016 |
1,340 |
704 |
2,044 |
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Depreciation |
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At 1 April 2015 |
130 |
286 |
416 |
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Charge for the year |
234 |
84 |
318 |
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At 31 March 2016 |
364 |
370 |
734 |
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Net book value |
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At 31 March 2016 |
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At 31 March 2015 |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Related party transactions |
Director's advances and credits |
2016 |
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2015 |
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E H Meller |
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54,984 |
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