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

REGISTERED NUMBER: 02372284 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2019

for

Findway Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A C Mcleod

SECRETARY:

R A McLeod

REGISTERED OFFICE:

10 Portland Business Centre

Manor House Lane

Datchet

Slough

Berkshire

SL3 9EG

REGISTERED NUMBER:

02372284 (England and Wales)

ACCOUNTANTS:

R A McLeod & Co

Chartered Accountants

10 Portland Business Centre

Manor House Lane

Datchet

Berkshire

SL3 9EG

FIXED ASSETS

Tangible assets

4

-

170,000

Investments

5

7,860

7,860

7,860

177,860

CURRENT ASSETS

Debtors

6

616,261

446,261

Cash at bank

2,520

2,024

618,781

448,285

CREDITORS

Amounts falling due within one year

7

592

-

NET CURRENT ASSETS

618,189

448,285

TOTAL ASSETS LESS CURRENT LIABILITIES

626,049

626,145

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

626,047

626,143

SHAREHOLDERS' FUNDS

626,049

626,145

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 24 December 2019 and were signed by:

A C Mcleod - Director

1.	STATUTORY INFORMATION

Findway 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

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 as modified by the revaluation of certain assets.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

The company's freehold property was sold during the year

Cost or valuation at 31 March 2019 is represented by:

Land and

buildings

£

Valuation in 2017

132,000

Valuation in 2018

(55,000

)

Valuation in 2019

(77,000

)

5.	FIXED ASSET INVESTMENTS

Fixed asset investments comprise shares in unlisted companies and are considered by the director to have a

market value equivalent to net book value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Loan to Aerobeam Limited

398,470

398,470

R A Mcleod (FS) Ltd

217,791

47,791

616,261

446,261

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade creditors

1

-

Tax

591

-

592

-

8.	RELATED PARTY DISCLOSURES

R A McLeod is a director of R A McLeod (Financial Services) Limited. That company is wholly owned by R A

McLeod. There is a balance owing by R A McLeod (Financial Services) Limited. A loan has also been made to

Aerobeam Ltd, in which the director and secretary have an interest.

9.	DEFERRED TAX

No deferred tax provision required due to no deferred tax liability