Flowermac Of New Covent Garden Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08772260 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2019

FOR

FLOWERMAC OF NEW COVENT GARDEN LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D J MacQuire

SECRETARY:

R Groves

REGISTERED OFFICE:

Flat 7

Greenstede House

Wood Street

East Grinstead

West Sussex

RH19 1UZ

REGISTERED NUMBER:

08772260 (England and Wales)

ACCOUNTANTS:

Andrew Cross & Co.

Chartered Certified Accountants

Plaza Building

Lee High Road

Lewisham

London

SE13 5PT

FIXED ASSETS

Tangible assets

4

3,212

4,283

CURRENT ASSETS

Stocks

-

775

Debtors

5

884

2,358

Cash in hand

100

100

984

3,233

CREDITORS

Amounts falling due within one year

6

20,001

11,922

NET CURRENT LIABILITIES

(19,017

)

(8,689

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(15,805

)

(4,406

)

CREDITORS

Amounts falling due after more than one year

7

17,648

20,560

NET LIABILITIES

(33,453

)

(24,966

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(33,455

)

(24,968

)

SHAREHOLDERS' FUNDS

(33,453

)

(24,966

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and authorised for issue on 21 December 2020 and were signed by:

D J MacQuire - Director

1.	STATUTORY INFORMATION

Flowermac Of New Covent Garden Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2019

and 31 December 2019

5,140

DEPRECIATION

At 1 January 2019

857

Charge for year

1,071

At 31 December 2019

1,928

NET BOOK VALUE

At 31 December 2019

3,212

At 31 December 2018

4,283

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

884

2,358

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Bank loans and overdrafts

8,278

6,135

Hire purchase contracts

1,419

1,419

Other creditors

10,304

4,368

20,001

11,922

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Bank loans

16,651

18,371

Hire purchase contracts

997

2,189

17,648

20,560

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2019 and 31 December 2018:

2019

2018

£

£

D J MacQuire

Balance outstanding at start of year

1,475

-

Amounts advanced

-

1,475

Amounts repaid

(1,475

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

1,475