Company Registration No. 7313269 (England and Wales)
FLEXITEEK DISTRIBUTION LIMITED
Unaudited accounts
for the year ended 31 December 2018
FLEXITEEK DISTRIBUTION LIMITED
Unaudited accounts
Contents
FLEXITEEK DISTRIBUTION LIMITED
Company Information
for the year ended 31 December 2018
Company Number
7313269 (England and Wales)
Registered Office
UNIT 21A HAMBLE YACHT SERVICES PORT HAMB
HAMBLE
SOUTHAMPTON
HAMPSHIRE
SO31 4NN
Accountants
Clara Couch
17 Lipizzaner Fields
Whiteley
Hampshire
PO15 7BH
FLEXITEEK DISTRIBUTION LIMITED
Statement of financial position
as at 31 December 2018
Tangible assets
5,070
2,160
Inventories
164,267
130,531
Cash at bank and in hand
265,422
133,049
Creditors: amounts falling due within one year
(544,496)
(552,692)
Net current assets
44,603
21,735
Total assets less current liabilities
49,673
23,895
Creditors: amounts falling due after more than one year
-
(890)
Called up share capital
100
100
Revaluation reserve
970
970
Profit and loss account
48,603
21,935
Shareholders' funds
49,673
23,005
For the year ending 31 December 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 24 September 2019.
Mr Robert Tilney
Director
Company Registration No. 7313269
FLEXITEEK DISTRIBUTION LIMITED
Notes to the Accounts
for the year ended 31 December 2018
FLEXITEEK DISTRIBUTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7313269. The registered office is UNIT 21A HAMBLE YACHT SERVICES PORT HAMB, HAMBLE, SOUTHAMPTON, HAMPSHIRE, SO31 4NN.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
FLEXITEEK DISTRIBUTION LIMITED
Notes to the Accounts
for the year ended 31 December 2018
4
Tangible fixed assets
Plant & machinery
At 31 December 2018
12,555
Finished goods
164,267
130,531
Trade debtors
159,410
153,823
Accrued income and prepayments
-
70,000
7
Creditors: amounts falling due within one year
2018
2017
Trade creditors
348,022
367,322
Taxes and social security
(3,471)
(14,575)
Other creditors
199,945
199,945
8
Creditors: amounts falling due after more than one year
2018
2017
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
FLEXITEEK DISTRIBUTION LIMITED
Notes to the Accounts
for the year ended 31 December 2018
10
Average number of employees
During the year the average number of employees was 1 (2017: 1).
