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Company Registration No. 07629893 (England and Wales)
Formika Ltd Unaudited accounts for the year ended 31 May 2026
Formika Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Formika Ltd Company Information for the year ended 31 May 2026
Director
Nazar SINITOVYCH
Company Number
07629893 (England and Wales)
Registered Office
35 Prince of Wales Road Sutton Surrey SM1 3PE England
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Formika Ltd Statement of financial position as at 31 May 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
22,269 
27,732 
Current assets
Debtors
5
2,358 
14,412 
Cash at bank and in hand
(11,102)
7,739 
(8,744)
22,151 
Creditors: amounts falling due within one year
6
(9,887)
(23,248)
Net current liabilities
(18,631)
(1,097)
Total assets less current liabilities
3,638 
26,635 
Creditors: amounts falling due after more than one year
7
(4,548)
(14,809)
Net (liabilities)/assets
(910)
11,826 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(912)
11,824 
Shareholders' funds
(910)
11,826 
For the year ending 31 May 2026 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 director acknowledges his 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 and authorised for issue on 17 July 2026 and were signed on its behalf by
Nazar SINITOVYCH Director Company Registration No. 07629893
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Formika Ltd Notes to the Accounts for the year ended 31 May 2026
1
Statutory information
Formika Ltd is a private company, limited by shares, registered in England and Wales, registration number 07629893. The registered office is 35 Prince of Wales Road , Sutton, Surrey, SM1 3PE, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2025
26,607 
5,096 
31,703 
Additions
- 
2,437 
2,437 
At 31 May 2026
26,607 
7,533 
34,140 
Depreciation
At 1 June 2025
1,198 
2,773 
3,971 
Charge for the year
6,252 
1,648 
7,900 
At 31 May 2026
7,450 
4,421 
11,871 
Net book value
At 31 May 2026
19,157 
3,112 
22,269 
At 31 May 2025
25,409 
2,323 
27,732 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
2,358 
14,412 
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Formika Ltd Notes to the Accounts for the year ended 31 May 2026
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Trade creditors
- 
12,539 
Taxes and social security
5,154 
5,319 
Other creditors
60 
5,000 
Loans from directors
4,673 
390 
9,887 
23,248 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
4,548 
14,809 
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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