Company Registration No. 12676722 (England and Wales)
Fjoll Ltd
Unaudited accounts
for the period from 1 July 2021 to 28 February 2022
Fjoll Ltd
Unaudited accounts
Contents
Fjoll Ltd
Company Information
for the period from 1 July 2021 to 28 February 2022
Directors
Thomas Coulthard
Sarah Coulthard
Company Number
12676722 (England and Wales)
Registered Office
69 LOUGHBOROUGH ROAD
WEST BRIDGFORD
NOTTINGHAM
NG2 7LA
ENGLAND
Accountants
M.A.D. Accountants Ltd
Welbeck House
69 Loughborough Road
West Bridgford
Nottinghamshire
NG2 7LA
Fjoll Ltd
Statement of financial position
as at 28 February 2022
Cash at bank and in hand
276
1,063
Creditors: amounts falling due within one year
(17,999)
(14,031)
Net current liabilities
(17,723)
(12,968)
Net liabilities
(17,723)
(10,767)
Called up share capital
2
2
Profit and loss account
(17,725)
(10,769)
Shareholders' funds
(17,723)
(10,767)
For the period ending 28 February 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 15 August 2022 and were signed on its behalf by
Thomas Coulthard
Director
Company Registration No. 12676722
Fjoll Ltd
Notes to the Accounts
for the period from 1 July 2021 to 28 February 2022
Fjoll Ltd is a private company, limited by shares, registered in England and Wales, registration number 12676722. The registered office is 69 LOUGHBOROUGH ROAD, WEST BRIDGFORD, NOTTINGHAM, NG2 7LA, ENGLAND. The company is in the process of being wound up.
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 remained unchanged from the previous period, and also 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing balance
Computer equipment
33% Straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2021
1,809
1,259
3,068
Disposals
(1,809)
(1,259)
(3,068)
At 1 July 2021
452
415
867
On disposals
(452)
(415)
(867)
At 30 June 2021
1,357
844
2,201
Fjoll Ltd
Notes to the Accounts
for the period from 1 July 2021 to 28 February 2022
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
50
50
Loans from directors
17,826
13,967
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
7
Transactions with related parties
During the year the company had a loan outstanding to the director, with a balance of £17,826 (2021 £13,967).
No interest has been charged.
8
Average number of employees
During the period the average number of employees was 1 (2021: 1).