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FLETTNER VENTILATOR LIMITED - Company Information

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Flettner Ventilator Limited

Registered Number:00256246

For the year ended 31 March 2019

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2019

Flettner Ventilator Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 March 2019

Flettner Ventilator Limited

Statement of Financial Position

Registered Number :

00256246

2018

2019

Notes

Fixed assets

Intangible assets

16,843

20,651

Property, plant and equipment

1,397

5,331

18,240

25,982

Current assets

Inventories

69,384

19,598

Trade and other receivables

184,172

162,357

1,133,554

Cash and cash equivalents

1,428,430

1,610,385

1,387,110

Trade and other payables: amounts falling due within one

year

(163,542)

(183,336)

1,223,568

1,427,049

Net current assets

Total assets less current liabilities

1,445,289

1,249,550

1,445,289

Net assets

1,249,550

Capital and reserves

Called up share capital

844

Retained earnings

1,444,445

1,248,706

1,445,289

1,249,550

Shareholders' funds

For the year ended 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 of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mrs Barbara Ann Stern Director

These financial statements were approved and authorised for issue by the Board on 20 December 2019 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2019

Flettner Ventilator Limited

Notes to the Financial Statements

Statutory Information

Flettner Ventilator Limited is a private limited company, limited by shares, domiciled in England and Wales, registration

number 00256246.

Registered address:

Unit 118 Hayley Court

Linford Wood

Milton Keynes

Buckinghamshire

MK14 6GD

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

2. Intangible fixed assets

Research &

Development

Total

Goodwill

Cost or valuation

88,924

At 01 April 2018

158,521

69,597

158,521

88,924

At 31 March 2019

69,597

Amortisation

137,870

68,273

At 01 April 2018

69,597

3,808

Charge for year

141,678

At 31 March 2019

72,081

69,597

16,843

Net book value

16,843

At 31 March 2019

At 31 March 2018

20,651

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For the year ended 31 March 2019

Flettner Ventilator Limited

Notes to the Financial Statements Continued

3. Property, plant and equipment

Total

Furniture and

Fittings

Motor Vehicles

Plant and

Machinery

Cost or

valuation

At 01 April 2018

251,307

37,199

31,356

182,752

At 31 March 2019

182,752

31,356

37,199

251,307

Provision for depreciation and impairment

At 01 April 2018

245,976

36,290

31,356

178,330

Charge for year

3,934

909

3,025

At 31 March 2019

249,910

37,199

31,356

181,355

At 31 March 2019

Net book value

1,397

At 31 March 2018

4,422

909

5,331

4. Inventories

2018

2019

Stocks

19,598

69,384

5. Trade and other receivables

2018

2019

Trade debtors

157,411

161,841

Other debtors

4,946

22,331

184,172

162,357

6. Trade and other payables: amounts falling due within one year

2018

2019

Trade creditors

109,973

107,064

Taxation and social security

60,863

10,093

Other creditors

12,500

46,385

183,336

163,542

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