Findor Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05926881 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2018

for

Findor Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms C A Griffin

B Davis

REGISTERED OFFICE:

c/o A W Associates

Room 129, Regus Building

Wellington Way, Brooklands Business Park

Weybridge

Surrey

KT13 0TT

REGISTERED NUMBER:

05926881 (England and Wales)

ACCOUNTANTS:

A W Associates London LLP

Regus Building

Wellington Way

Brooklands Business Park

Weybridge

Surrey

KT13 0TT

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

250,000

250,000

250,000

250,000

CURRENT ASSETS

Debtors

6

88,488

223,555

Cash at bank

63

72,529

88,551

296,084

CREDITORS

Amounts falling due within one year

7

79,045

137,102

NET CURRENT ASSETS

9,506

158,982

TOTAL ASSETS LESS CURRENT LIABILITIES

259,506

408,982

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

259,496

408,972

SHAREHOLDERS' FUNDS

259,506

408,982

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 14 May 2019 and were signed on its behalf by:

B Davis - Director

1.	COMPANY INFORMATION

Findor 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

Accounting convention

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 etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enated or substantivley enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2017

and 30 September 2018

24,240

DEPRECIATION

At 1 October 2017

and 30 September 2018

24,240

NET BOOK VALUE

At 30 September 2018

-

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 October 2017

and 30 September 2018

250,000

NET BOOK VALUE

At 30 September 2018

250,000

At 30 September 2017

250,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade debtors

46,335

13,631

Other debtors

42,153

209,924

88,488

223,555

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Taxation and social security

73,731

125,671

Other creditors

5,314

11,431

79,045

137,102

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2018

and 30 September 2017:

30.9.18

30.9.17

£

£

B Davis and Ms C A Griffin

Balance outstanding at start of year

179,021

103,138

Amounts advanced

88,424

361,067

Amounts repaid

(267,511

)

(285,184

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(66

)

179,021

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £245,000 (2017 - £248,900) were paid to the directors .

In a previous accounting period the company purchased a trust interest in possession for

consideration of £250,000. The directors' consider that this was an arm's length transaction at market

value.

At 30 September 2018, Benjamin Davis, a director and shareholder of the company, owed £250,000

to the trust in which the company holds interest in possession. Interest is accrued on the outstanding

balance monthly at 4% over the Bank of England Base rate.