Company Registration No. 11816952 (England and Wales)
FOTEL LIMITED
Unaudited accounts
for the year ended 28 February 2023
FOTEL LIMITED
Unaudited accounts
Contents
FOTEL LIMITED
Company Information
for the year ended 28 February 2023
Directors
H Naranjo Aguilar
M Benazar Rodriguez
Company Number
11816952 (England and Wales)
Registered Office
61a Sheen Lane
London
SW14 8AB
UK
Accountants
Richmond Accounting Services Ltd
Parkway House
Sheen Lane
London
SW14 8LS
FOTEL LIMITED
Statement of financial position
as at 28 February 2023
Tangible assets
54,426
34,205
Cash at bank and in hand
50,253
139,696
Creditors: amounts falling due within one year
(138,111)
(51,256)
Net current assets
112,299
106,822
Net assets
166,725
141,027
Called up share capital
100
100
Profit and loss account
166,625
140,927
Shareholders' funds
166,725
141,027
For the year ending 28 February 2023 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 22 August 2023 and were signed on its behalf by
H Naranjo Aguilar
Director
Company Registration No. 11816952
FOTEL LIMITED
Notes to the Accounts
for the year ended 28 February 2023
FOTEL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11816952. The registered office is 61a Sheen Lane, London, SW14 8AB, 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 remained unchanged from the previous year, 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.
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:
Plant & machinery
25% straight line
Motor vehicles
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2022
27,970
19,721
-
1,203
48,894
Additions
-
42,395
865
-
43,260
At 28 February 2023
27,970
62,116
865
1,203
92,154
At 1 March 2022
6,993
7,395
-
301
14,689
Charge for the year
6,993
15,529
216
301
23,039
At 28 February 2023
13,986
22,924
216
602
37,728
At 28 February 2023
13,984
39,192
649
601
54,426
At 28 February 2022
20,977
12,326
-
902
34,205
Amounts falling due within one year
Other debtors
200,157
18,382
FOTEL LIMITED
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
19,827
50,593
Other creditors
13,284
663
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).