FIXIT 4 U LIMITED - Accounts to registrar (filleted) - small 18.2

FIXIT 4 U LIMITED - Accounts to registrar (filleted) - small 18.2

FIXIT 4 U LIMITED - Company Information

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REGISTERED NUMBER: 05600822 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2018

FOR

FIXIT 4 U LIMITED
FIXIT 4 U LIMITED (REGISTERED NUMBER: 05600822)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FIXIT 4 U LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2018







DIRECTOR: Mr S Harris





REGISTERED OFFICE: Unit 2
99-101 Kingsland Road
London
E2 8AG





REGISTERED NUMBER: 05600822 (England and Wales)





ACCOUNTANTS: Versa Accountants Ltd
Chartered Certified Accountants
Unit 2
99-101 Kingsland Road
London
E2 8AG
Page 1
FIXIT 4 U LIMITED (REGISTERED NUMBER: 05600822)

BALANCE SHEET
31 OCTOBER 2018

2018 2017
Notes £    £   
CURRENT ASSETS
Stocks 74,634 75,000
Debtors 5 1,230 -
Cash at bank 1,083 1,015
76,947 76,015
CREDITORS
Amounts falling due within one year 6 48,795 53,869
NET CURRENT ASSETS 28,152 22,146
TOTAL ASSETS LESS CURRENT
LIABILITIES
28,152
22,146

CREDITORS
Amounts falling due after more than one
year
7
-
1,438
NET ASSETS 28,152 20,708

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 28,150 20,706
SHAREHOLDERS' FUNDS 28,152 20,708

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 31 July 2019 and were signed by:



Mr S Harris - Director


The notes form part of these financial statements

Page 2
FIXIT 4 U LIMITED (REGISTERED NUMBER: 05600822)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2018

1. STATUTORY INFORMATION

FIXIT 4 U LIMITED is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 1 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 November 2017
and 31 October 2018 1,575
DEPRECIATION
At 1 November 2017
and 31 October 2018 1,575
NET BOOK VALUE
At 31 October 2018 -
At 31 October 2017 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 1,230 -

Page 3 continued...
FIXIT 4 U LIMITED (REGISTERED NUMBER: 05600822)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 82 -
Trade creditors 12,741 23,449
Taxation and social security 6,407 16,282
Other creditors 29,565 14,138
48,795 53,869

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Bank loans - 1,438

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S Harris.

Page 4