FOLDSTICK LIMITED

Company Registration Number:
03520749 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

FOLDSTICK LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

FOLDSTICK LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 67,377 43,091
Tangible assets: 4 737,930 739,639
Investments:   0 0
Total fixed assets: 805,307 782,730
Current assets
Stocks: 2,000 2,000
Debtors:   45,000 49,197
Cash at bank and in hand: 67,958 183,313
Investments:   0 0
Total current assets: 114,958 234,510
Creditors: amounts falling due within one year:   (77,756) (75,223)
Net current assets (liabilities): 37,202 159,287
Total assets less current liabilities: 842,509 942,017
Creditors: amounts falling due after more than one year:   (18,042) (18,717)
Provision for liabilities: 0 0
Total net assets (liabilities): 824,467 923,300
Capital and reserves
Called up share capital: 360,000 360,000
Share premium account: 0 0
Revaluation reserve:5464,902464,902
Other reserves: 0 0
Profit and loss account: (435) 98,398
Shareholders funds: 824,467 923,300

The notes form part of these financial statements

FOLDSTICK LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 August 2024
and signed on behalf of the board by:

Name: Mr JWM Collins
Status: Director

The notes form part of these financial statements

FOLDSTICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FOLDSTICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 12 12

FOLDSTICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Intangible Assets

Total
Cost £
At 01 May 2023 188,500
Additions 27,733
Disposals 0
Revaluations 0
Transfers 0
At 30 April 2024 216,233
Amortisation
At 01 May 2023 145,409
Charge for year 3,447
On disposals 0
Other adjustments 0
At 30 April 2024 148,856
Net book value
At 30 April 2024 67,377
At 30 April 2023 43,091

FOLDSTICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible Assets

Total
Cost £
At 01 May 2023 821,138
Additions 6,385
Disposals 0
Revaluations 232
Transfers 0
At 30 April 2024 827,755
Depreciation
At 01 May 2023 81,499
Charge for year 8,326
On disposals 0
Other adjustments 0
At 30 April 2024 89,825
Net book value
At 30 April 2024 737,930
At 30 April 2023 739,639

FOLDSTICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Revaluation reserve

2024
£
Balance at 01 May 2023 464,902
Surplus or deficit after revaluation 0
Balance at 30 April 2024 464,902