Company Registration No. 09878698 (England and Wales)
Fred's London Limited
Unaudited accounts
for the year ended 30 November 2018
Fred's London Limited
Unaudited accounts
Contents
Fred's London Limited
Company Information
for the year ended 30 November 2018
Company Number
09878698 (England and Wales)
Registered Office
358 BROCKLEY ROAD
LONDON
SE4 2BY
Accountants
Taxcut Accountants
40 Crownfield Avenue
Ilford
Essex
IG2 7RR
Fred's London Limited
Statement of financial position
as at 30 November 2018
Tangible assets
10,210
7,661
Cash at bank and in hand
3,436
3,226
Creditors: amounts falling due within one year
(36,266)
(20,655)
Net current liabilities
(32,830)
(17,168)
Total assets less current liabilities
(22,620)
(9,507)
Creditors: amounts falling due after more than one year
(30,403)
(24,070)
Net liabilities
(53,023)
(33,577)
Called up share capital
3
3
Profit and loss account
(53,026)
(33,580)
Shareholders' funds
(53,023)
(33,577)
For the year ending 30 November 2018 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.
Approved by the Board on 30 July 2019.
Mr Alain Haddad
Director
Company Registration No. 09878698
Fred's London Limited
Notes to the Accounts
for the year ended 30 November 2018
Fred's London Limited is a private company, limited by shares, registered in England and Wales, registration number 09878698. The registered office is 358 BROCKLEY ROAD, LONDON, SE4 2BY.
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
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2017
14,860
463
15,323
At 30 November 2018
23,367
463
23,830
At 1 December 2017
7,430
232
7,662
Charge for the year
5,842
116
5,958
At 30 November 2018
13,272
348
13,620
At 30 November 2018
10,095
115
10,210
At 30 November 2017
7,430
231
7,661
Fred's London Limited
Notes to the Accounts
for the year ended 30 November 2018
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
27,928
8,798
Loans from directors
7,018
10,057
7
Creditors: amounts falling due after more than one year
2018
2017
Other creditors
30,403
24,070
8
Average number of employees
During the year the average number of employees was 25 (2017: 12).
