Furnaces UK Limited

Furnaces UK Limited

FURNACES UK LIMITED - Company Information

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1 December 2018 false No description of principal activity Taxfiler 2020.3 06957878business:PrivateLimitedCompanyLtd2018-12-012019-11-30 069578782018-11-30 069578782018-12-012019-11-30 06957878business:AuditExemptWithAccountantsReport2018-12-012019-11-30 06957878business:FullAccounts2018-12-012019-11-30 069578782019-11-30 06957878business:Director12018-12-012019-11-30 06957878business:Director22018-12-012019-11-30 06957878business:Director32018-12-012019-11-30 06957878business:CompanySecretary12018-12-012019-11-30 06957878business:RegisteredOffice2018-12-012019-11-30 069578782018-11-30 06957878core:WithinOneYear2019-11-30 06957878core:WithinOneYear2018-11-30 06957878core:ShareCapital2019-11-30 06957878core:ShareCapital2018-11-30 06957878core:RetainedEarningsAccumulatedLosses2019-11-30 06957878core:RetainedEarningsAccumulatedLosses2018-11-30 06957878business:SmallEntities2018-12-012019-11-30 06957878countries:EnglandWales2018-12-012019-11-30 06957878core:PlantMachinery2018-12-012019-11-30 06957878core:PlantMachinery2018-11-30 06957878core:PlantMachinery2019-11-30 069578782017-12-012018-11-30 iso4217:GBP xbrli:pure
Company Registration No. 06957878 (England and Wales)
Furnaces UK Limited Unaudited accounts for the year ended 30 November 2019
Furnaces UK Limited Unaudited accounts Contents
Page
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Furnaces UK Limited Company Information for the year ended 30 November 2019
Directors
Richard Hallatt Michael Holmes Mark Hunt
Secretary
Ian Dawson
Company Number
06957878 (England and Wales)
Registered Office
60a Birley Moor Road Sheffield S12 4WD
Accountants
Yasmin McBride Ltd 60a Birley Moor Road Sheffield S12 4WD
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Furnaces UK Limited Accountants' report
Accountants' report to the board of directors of Furnaces UK Limited on the preparation of the unaudited statutory accounts for the year ended 30 November 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Furnaces UK Limited for the year ended 30 November 2019 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Furnaces UK Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Furnaces UK Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Furnaces UK Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Furnaces UK Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Furnaces UK Limited. You consider that Furnaces UK Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Furnaces UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Yasmin McBride Ltd 60a Birley Moor Road Sheffield S12 4WD 25 March 2020
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Furnaces UK Limited Statement of financial position as at 30 November 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,933 
4,797 
Current assets
Inventories
5
1,870 
1,870 
Debtors
6
23,255 
123,950 
Cash at bank and in hand
68,425 
124,928 
93,550 
250,748 
Creditors: amounts falling due within one year
7
(22,661)
(79,519)
Net current assets
70,889 
171,229 
Net assets
74,822 
176,026 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
74,722 
175,926 
Shareholders' funds
74,822 
176,026 
For the year ending 30 November 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 directors acknowledge their 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 26 March 2020.
Michael Holmes Director Company Registration No. 06957878
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Furnaces UK Limited Notes to the Accounts for the year ended 30 November 2019
1
Statutory information
Furnaces UK Limited is a private company, limited by shares, registered in England and Wales, registration number 06957878. The registered office is 60a Birley Moor Road, Sheffield, S12 4WD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
18%
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2018
18,906 
At 30 November 2019
18,906 
Depreciation
At 1 December 2018
14,109 
Charge for the year
864 
At 30 November 2019
14,973 
Net book value
At 30 November 2019
3,933 
At 30 November 2018
4,797 
5
Inventories
2019 
2018 
£ 
£ 
Finished goods
1,870 
1,870 
1,870 
1,870 
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Furnaces UK Limited Notes to the Accounts for the year ended 30 November 2019
6
Debtors
2019 
2018 
£ 
£ 
Trade debtors
22,505 
123,200 
Other debtors
750 
750 
23,255 
123,950 
7
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Trade creditors
20,084 
35,111 
Taxes and social security
1,967 
43,692 
Loans from directors
610 
716 
22,661 
79,519 
8
Average number of employees
During the year the average number of employees was 0 (2018: 0).
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