Froothie UK & Ireland Limited
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For the period ended 28 February 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08892078
Froothie UK & Ireland Limited
For the period ended 28 February 2015
1
Balance Sheet
2 to 3
Notes to the Abbreviated Financial Statements
Abbreviated Balance Sheet
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Froothie UK & Ireland Limited
2015
2
947
947
59,313
11,643
202,064
273,020
Creditors
:
amounts falling due within one year
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(193,626)
79,394
Net current assets
Total assets less current liabilities
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80,341
80,341
Net assets/liabilities
1,000
3
79,341
80,341
Shareholders funds
For the period ended 28 February 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476;
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2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
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These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
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Date approved by the board: 12 November 2015
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Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
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Froothie UK & Ireland Limited
For the period ended 28 February 2015
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Research and development expenditure
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Research and development expenditure is charged to the profit and loss account in the period in which it is incurred.
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange
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ruling at the balance sheet date
.
Transactions in foreign currencies are recorded at the rate ruling at the date of the
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transaction
.
All foreign exchange differences are included to the profit and loss account
.
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Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
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by the shareholders prior to the balance sheet date
.
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Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
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Computer Equipment
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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Notes to the Abbreviated Financial Statements
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Froothie UK & Ireland Limited
For the period ended 28 February 2015
1,184
1,184
237
Charge for period
237
947
Allotted called up and fully paid
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2015
510
Ordinary A shares of £
1
.
00
each
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510
490
Ordinary B shares of £
1
.
00
each
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490
1,000
510 Ordinary A £1.00 and 490 Ordinary B £1.00 shares have been issued during the period each at par for a cash consideration of £510 and £490 respectively.
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