Company Registration No. 06248118 (England and Wales)
Feature One Limited
Unaudited accounts
for the year ended 31 May 2023
Feature One Limited
Unaudited accounts
Contents
Feature One Limited
Company Information
for the year ended 31 May 2023
Directors
Mr E J Tull
Mr B P O'Connor
Company Number
06248118 (England and Wales)
Registered Office
Stour Space
Studio 14/15
London
E3 2PA
United Kingdom
Accountants
Wyatts Partnership Ltd
247 Church Street
London
N16 9HP
Feature One Limited
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
485
4,163
Creditors: amounts falling due within one year
(4,782)
(5,876)
Net current liabilities
(4,281)
(1,713)
Net liabilities
(4,281)
(1,343)
Called up share capital
1,000
1,000
Profit and loss account
(5,281)
(2,343)
Shareholders' funds
(4,281)
(1,343)
For the year ending 31 May 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 2 February 2024 and were signed on its behalf by
Mr B P O'Connor
Director
Company Registration No. 06248118
Feature One Limited
Notes to the Accounts
for the year ended 31 May 2023
Feature One Limited is a private company, limited by shares, registered in England and Wales, registration number 06248118. The registered office is Stour Space, Studio 14/15, London, E3 2PA, United Kingdom.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
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
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Feature One Limited
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
1,911
Loans from directors
3,282
2,171
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
The Company was under the control of Mr E J Tull and Mr B P O'Connor throughout the current and previous year. Mr Mr Tull and Mr O'Connor are the managing directors and majority shareholders
No transactions with related parties were undertaken such as are required to be declared under the Financial Reporting Standards for Smaller Entities effective January 2015
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).