REGISTERED NUMBER: 06236589

Financial Statements

for the Year Ended 31 December 2016

for

3 FFF Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J G McDowall

SECRETARY:

Ms B L Maclot

REGISTERED OFFICE:

Unit B

18 Brunel Road

Earlstree Industrial Estate

Corby

Northamptonshire

NN17 4JW

REGISTERED NUMBER:

06236589

ACCOUNTANTS:

SB&P LLP

Oriel House

2-8 Oriel Road

Bootle

Liverpool

Merseyside

L20 7EP

FIXED ASSETS

Intangible assets

3

160

-

Tangible assets

4

1,496

1,870

1,656

1,870

CURRENT ASSETS

Stocks

5

16,093

34,470

Debtors

6

266,406

222,070

Cash at bank

5,312

35,075

287,811

291,615

CREDITORS

Amounts falling due within one year

7

231,504

196,400

NET CURRENT ASSETS

56,307

95,215

TOTAL ASSETS LESS CURRENT LIABILITIES

57,963

97,085

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

57,962

97,084

SHAREHOLDERS' FUNDS

57,963

97,085

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 22 August 2017 and were signed by:

J G McDowall - Director

1.	STATUTORY INFORMATION

3 FFF Limited is a private company, limited by shares , registered in Not specified/Other. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Turnover represents the fair value of services provided under contracts with customers to the extent that there is

a right to consideration. It is measured at the fair value of the consideration due.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and

accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of

operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated

residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant and machinery 20% Reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax represents the future tax consequences of transactions and events recognised in the financial

statements of current and previous periods. It is recognised in respect of all timing differences, with certain

exceptions. Timing differences are differences between taxable profits and total comprehensive income as

stated in the financial statements that arise from the inclusion of income and expense in tax assessments in

periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and

other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against

the reversal of deferred tax liabilities or other future taxable profits.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

200

At 31 December 2016

200

AMORTISATION

Charge for year

40

At 31 December 2016

40

NET BOOK VALUE

At 31 December 2016

160

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2016

and 31 December 2016

2,337

DEPRECIATION

At 1 January 2016

467

Charge for year

374

At 31 December 2016

841

NET BOOK VALUE

At 31 December 2016

1,496

At 31 December 2015

1,870

5.

STOCKS

31.12.16

31.12.15

£

£

Stocks

16,093

34,470

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

118,210

31,006

Other debtors

148,196

191,064

266,406

222,070

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade creditors

19,894

6,953

Taxation and social security

-

547

Other creditors

211,610

188,900

231,504

196,400

8.	CONTROLLING PARTY

The controlling party is J G McDowall.