Form Structural Design Limited Filleted accounts for Companies House (small and micro)
Form Structural Design Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
04504240
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FINANCIAL STATEMENTS |
YEAR ENDED 31 AUGUST 2019
CONTENTS |
PAGE |
Statement of financial position |
1 |
Notes to the financial statements |
3 |
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STATEMENT OF FINANCIAL POSITION |
2019 |
2018 |
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Note |
£ |
£ |
£ |
FIXED ASSETS
Tangible assets |
6 |
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CURRENT ASSETS
Debtors |
7 |
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Cash at bank and in hand |
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CREDITORS: amounts falling due within one year |
8 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS: amounts falling due after more than one year |
9 |
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NET ASSETS |
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STATEMENT OF FINANCIAL POSITION (continued) |
2019 |
2018 |
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Note |
£ |
£ |
£ |
CAPITAL AND RESERVES
Called up share capital |
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Profit and loss account |
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SHAREHOLDERS FUNDS |
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In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
9 January 2020
, and are signed on behalf of the board by:
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Director |
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Company registration number:
04504240
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NOTES TO THE FINANCIAL STATEMENTS |
YEAR ENDED 31 AUGUST 2019
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Onega House, 112 Main Road, Sidcup, Kent, DA14 6NE, United Kingdom.
2.
STATEMENT OF COMPLIANCE
3.
ACCOUNTING POLICIES
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures & fittings |
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Equipment |
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Impairment of fixed assets
Financial instruments
Defined contribution plans
4.
EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to
24
(2018:
26
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5.
TAX ON PROFIT
Major components of tax (income)/expense
2019 |
2018 |
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£ |
£ |
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Current tax:
UK current tax expense |
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Adjustments in respect of prior periods |
(
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– |
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Total current tax |
(
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Tax on profit |
(
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6.
TANGIBLE ASSETS
Fixtures and fittings |
Equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 September 2018 |
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Additions |
– |
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At 31 August 2019 |
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Depreciation |
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At 1 September 2018 |
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Charge for the year |
– |
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At 31 August 2019 |
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Carrying amount |
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At 31 August 2019 |
– |
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At 31 August 2018 |
– |
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7.
DEBTORS
2019 |
2018 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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The directors loan account was paid in full December 2019.
8.
CREDITORS:
amounts falling due within one year
2019 |
2018 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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9.
CREDITORS:
amounts falling due after more than one year
2019 |
2018 |
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£ |
£ |
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Bank loans and overdrafts |
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10.
DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES
At 31 August 2019
A Ilsley
owed Form Structural Limited £196,322 (2018: £193,810). There are no terms attached to the loan provided to the director and it has been provided by the company interest free.