Fred's London Limited

Fred's London Limited

FRED'S LONDON LIMITED - Company Information

Print Friendly Version

1 December 2018 false No description of principal activity Taxfiler 2020.11 true 09878698business:PrivateLimitedCompanyLtd2018-12-012019-11-30 098786982018-11-30 098786982018-12-012019-11-30 09878698business:AuditExempt-NoAccountantsReport2018-12-012019-11-30 09878698business:FullAccounts2018-12-012019-11-30 098786982019-11-30 09878698business:Director12018-12-012019-11-30 09878698business:RegisteredOffice2018-12-012019-11-30 098786982018-11-30 09878698core:WithinOneYear2019-11-30 09878698core:WithinOneYear2018-11-30 09878698core:AfterOneYear2019-11-30 09878698core:AfterOneYear2018-11-30 09878698core:ShareCapital2019-11-30 09878698core:ShareCapital2018-11-30 09878698core:RetainedEarningsAccumulatedLosses2019-11-30 09878698core:RetainedEarningsAccumulatedLosses2018-11-30 09878698business:SmallEntities2018-12-012019-11-30 09878698countries:EnglandWales2018-12-012019-11-30 09878698core:PlantMachinery2018-12-012019-11-30 09878698core:FurnitureFittings2018-12-012019-11-30 09878698core:ComputerEquipment2018-12-012019-11-30 09878698core:FurnitureFittings2018-11-30 09878698core:ComputerEquipment2018-11-30 09878698core:FurnitureFittings2019-11-30 09878698core:ComputerEquipment2019-11-30 098786982017-12-012018-11-30 iso4217:GBP xbrli:pure
Company Registration No. 09878698 (England and Wales)
Fred's London Limited Unaudited accounts for the year ended 30 November 2019
Fred's London Limited Unaudited accounts Contents
Page
- 2 -
Fred's London Limited Company Information for the year ended 30 November 2019
Director
Mr Alain Haddad
Company Number
09878698 (England and Wales)
Registered Office
358 BROCKLEY ROAD LONDON SE4 2BY
Accountants
Taxcut Accountants 40 Crownfield Avenue Ilford Essex IG2 7RR
- 3 -
Fred's London Limited Statement of financial position as at 30 November 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,497 
10,210 
Current assets
Debtors
5
3,423 
- 
Cash at bank and in hand
4,846 
3,436 
8,269 
3,436 
Creditors: amounts falling due within one year
6
(70,297)
(36,266)
Net current liabilities
(62,028)
(32,830)
Total assets less current liabilities
(57,531)
(22,620)
Creditors: amounts falling due after more than one year
7
(32,903)
(30,403)
Net liabilities
(90,434)
(53,023)
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
(90,437)
(53,026)
Shareholders' funds
(90,434)
(53,023)
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 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.
The financial statements were approved by the Board and authorised for issue on 28 August 2020 and were signed on its behalf by
Mr Alain Haddad Director Company Registration No. 09878698
- 4 -
Fred's London Limited Notes to the Accounts for the year ended 30 November 2019
1
Statutory information
Fred's London Limited is a private company, limited by shares, registered in England and Wales, registration number 09878698. The registered office is 358 BROCKLEY ROAD, LONDON, SE4 2BY.
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
25% straight line
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Going concern
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2018
23,367 
463 
23,830 
Additions
325 
- 
325 
At 30 November 2019
23,692 
463 
24,155 
Depreciation
At 1 December 2018
13,272 
348 
13,620 
Charge for the year
5,923 
115 
6,038 
At 30 November 2019
19,195 
463 
19,658 
Net book value
At 30 November 2019
4,497 
- 
4,497 
At 30 November 2018
10,095 
115 
10,210 
- 5 -
Fred's London Limited Notes to the Accounts for the year ended 30 November 2019
5
Debtors
2019 
2018 
£ 
£ 
Trade debtors
3,423 
- 
6
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Trade creditors
3,331 
- 
Taxes and social security
24,307 
27,928 
Other creditors
2,708 
- 
Loans from directors
36,618 
7,018 
Accruals
3,333 
1,320 
70,297 
36,266 
7
Creditors: amounts falling due after more than one year
2019 
2018 
£ 
£ 
Other creditors
32,903 
30,403 
8
Average number of employees
During the year the average number of employees was 22 (2018: 25).
- 6 -