Company Registration No. 06676243 (England and Wales)
Folga Limited
Unaudited accounts
for the year ended 31 March 2019
Folga Limited
Unaudited accounts
Contents
Folga Limited
Company Information
for the year ended 31 March 2019
Company Number
06676243 (England and Wales)
Registered Office
UNIT 14
63 JEDDO ROAD
LONDON
W12 9EE
Accountants
AM Accountax Ltd
63 Jeddo Road
Unit 14
London
W12 9EE
Folga Limited
Statement of financial position
as at 31 March 2019
Tangible assets
2,009
2,363
Cash at bank and in hand
2,588
11,164
Creditors: amounts falling due within one year
(7,920)
(6,578)
Net current assets
19,289
24,209
Called up share capital
100
100
Profit and loss account
21,198
26,472
Shareholders' funds
21,298
26,572
For the year ending 31 March 2019 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 11 December 2019.
Jan Folga
Director
Company Registration No. 06676243
Folga Limited
Notes to the Accounts
for the year ended 31 March 2019
Folga Limited is a private company, limited by shares, registered in England and Wales, registration number 06676243. The registered office is UNIT 14, 63 JEDDO ROAD, LONDON, W12 9EE.
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:
4
Tangible fixed assets
Computer equipment
Trade debtors
8,125
19,623
Folga Limited
Notes to the Accounts
for the year ended 31 March 2019
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
12,920
11,477
Loans from directors
(5,000)
(4,899)
7
Average number of employees
During the year the average number of employees was 0 (2018: 0).
