Registered Number 06935940

4ORM ARCHITECTURE LTD

Abbreviated Accounts

30 June 2014

4ORM ARCHITECTURE LTD Registered Number 06935940

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Current assets
Debtors 8,103 11,814
Cash at bank and in hand 20,664 20,826
28,767 32,640
Creditors: amounts falling due within one year (26,111) (24,859)
Net current assets (liabilities) 2,656 7,781
Total assets less current liabilities 2,656 7,781
Total net assets (liabilities) 2,656 7,781
Capital and reserves
Called up share capital 2 2
Profit and loss account 2,654 7,779
Shareholders' funds 2,656 7,781
  • For the year ending 30 June 2014 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 1 December 2014

And signed on their behalf by:
Mr S Coleman, Director
Mr R Gooden, Director

4ORM ARCHITECTURE LTD Registered Number 06935940

Notes to the Abbreviated Accounts for the period ended 30 June 2014

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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

Leasing and hire purchase commitments
"Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term."