Fairtrade Ltd - Accounts to registrar (filleted) - small 18.2

Fairtrade Ltd - Accounts to registrar (filleted) - small 18.2

FAIRTRADE LTD - Company Information

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REGISTERED NUMBER: 04216612 (England and Wales)















Financial Statements for the Year Ended 31 December 2018

for

Fairtrade Ltd
Fairtrade Ltd (Registered number: 04216612)






Contents of the Financial Statements
for the Year Ended 31 December 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Fairtrade Ltd

Company Information
for the Year Ended 31 December 2018







DIRECTOR: Mrs F Esom





REGISTERED OFFICE: 4 Reading Road
Pangbourne
Reading
Berkshire
RG8 7LY





REGISTERED NUMBER: 04216612 (England and Wales)





ACCOUNTANTS: Geoffrey Cole & Co
Chartered Accountants
4 Reading Road
Pangbourne
Reading
Berkshire
RG8 7LY
Page 1
Fairtrade Ltd (Registered number: 04216612)

Statement of Financial Position
31 December 2018

2018 2017
Notes £    £   
CURRENT ASSETS
Stocks 61,932 -
Debtors 3 314,124 1
Cash at bank 8 -
376,064 1
CREDITORS
Amounts falling due within one year 4 363,782 -
NET CURRENT ASSETS 12,282 1
TOTAL ASSETS LESS CURRENT
LIABILITIES
12,282
1

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 12,281 -
SHAREHOLDERS' FUNDS 12,282 1

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

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

The director acknowledges her 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 applicable to companies subject to the small companies regime.

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 3 December 2019 and were signed by:





Mrs F Esom - Director


The notes form part of these financial statements

Page 2
Fairtrade Ltd (Registered number: 04216612)

Notes to the Financial Statements
for the Year Ended 31 December 2018

1. STATUTORY INFORMATION

Fairtrade Ltd 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.

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

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
enacted or substantively enacted by the statement of financial position date.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 132,986 -
Amounts owed by group undertakings 146,561 -
Other debtors 34,577 1
314,124 1

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 79,296 -
Amounts owed to group undertakings 184,591 -
Taxation and social security 2,890 -
Other creditors 97,005 -
363,782 -

5. SECURED DEBTS

RBS Invoice Finance Ltd holds a fixed and floating charge over all of the company's assets this was
created on 15 August 2018.

Page 3