Company Registration No. 13026971 (England and Wales)
Superfy Ltd
Unaudited accounts
for the period from 17 November 2020 to 31 March 2022
Superfy Ltd
Unaudited accounts
Contents
Superfy Ltd
Company Information
for the period from 17 November 2020 to 31 March 2022
Directors
J K T Sharp
R D Sharp
Company Number
13026971 (England and Wales)
Registered Office
12 Constance Street
International House
Londond
E16 2DQ
UK
Superfy Ltd
Statement of financial position
as at 31 March 2022
Cash at bank and in hand
51,108
Creditors: amounts falling due within one year
(191,032)
Net current assets
887,978
Profit and loss account
887,978
Shareholders' funds
887,978
For the period ending 31 March 2022 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2022 and were signed on its behalf by
J K T Sharp
Director
Company Registration No. 13026971
Superfy Ltd
Notes to the Accounts
for the period from 17 November 2020 to 31 March 2022
Superfy Ltd is a private company, limited by shares, registered in England and Wales, registration number 13026971. The registered office is 12 Constance Street, International House, Londond, E16 2DQ, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Debtors: amounts falling due within one year
2022
Superfy Ltd
Notes to the Accounts
for the period from 17 November 2020 to 31 March 2022
5
Creditors: amounts falling due within one year
2022
Taxes and social security
179,320
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's loan account
-
162,700
146,798
15,902
7
Average number of employees
During the period the average number of employees was 2.