REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1ST FEBRUARY 2022 TO 28TH FEBRUARY 2023 |
FOR |
FERNBANK FLAT ROOFING LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1ST FEBRUARY 2022 TO 28TH FEBRUARY 2023 |
FOR |
FERNBANK FLAT ROOFING LIMITED |
FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST FEBRUARY 2022 TO 28TH FEBRUARY 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
FERNBANK FLAT ROOFING LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 1ST FEBRUARY 2022 TO 28TH FEBRUARY 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Portland House |
11-13 Station Road |
Kettering |
Northamptonshire |
NN15 7HH |
FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256) |
BALANCE SHEET |
28TH FEBRUARY 2023 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
The directors acknowledge their 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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256) |
BALANCE SHEET - continued |
28TH FEBRUARY 2023 |
The financial statements were approved by the Board of Directors and authorised for issue on |
FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST FEBRUARY 2022 TO 28TH FEBRUARY 2023 |
1. | STATUTORY INFORMATION |
Fernbank Flat Roofing Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on a going concern basis not withstanding that at 28 February 2023 the company had net current liabilities of £21,519. The director believes this basis to be appropriate and has agreed to provide funds as necessary to meet the day to day running costs of the business for the foreseeable future. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery | - |
Motor vehicles | - |
Financial instruments |
The company is party to only basic financial instruments such as cash, trade debtors and creditors and loans. Instruments such as trade debtors and trade creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as bank loans, are measured at amortised cost using the effective interest rate. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST FEBRUARY 2022 TO 28TH FEBRUARY 2023 |
4. | TANGIBLE FIXED ASSETS |
Plant and | Motor |
machinery | vehicles | Totals |
£ | £ | £ |
COST |
Additions |
At 28th February 2023 |
DEPRECIATION |
Charge for period |
At 28th February 2023 |
NET BOOK VALUE |
At 28th February 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
As of the balance sheet date, the amount due to the company from one of the directors was £19,552. Interest has been charged on the loan advanced at the official HMRC interest rate as there are no repayment terms in place. |
8. | RELATED PARTY DISCLOSURES |
All material related party transactions with owners holding a participating interest, companies in which the entity has a participating interest and directors were all concluded under normal market conditions. |