FIXIT 4 U LIMITED - Accounts to registrar (filleted) - small 18.2

FIXIT 4 U LIMITED - Accounts to registrar (filleted) - small 18.2

FIXIT 4 U LIMITED - Company Information

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REGISTERED NUMBER: 05600822 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2019

FOR

FIXIT 4 U LIMITED
FIXIT 4 U LIMITED (REGISTERED NUMBER: 05600822)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FIXIT 4 U LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2019







DIRECTOR: Mr S Harris





REGISTERED OFFICE: Unit 2
99-101 Kingsland Road
London
E2 8AG





REGISTERED NUMBER: 05600822 (England and Wales)





ACCOUNTANTS: Versa Accountants Ltd
Chartered Certified Accountants
Unit 2
99-101 Kingsland Road
London
E2 8AG
Page 1
FIXIT 4 U LIMITED (REGISTERED NUMBER: 05600822)

BALANCE SHEET
31 OCTOBER 2019

2019 2018
Notes £    £   
CURRENT ASSETS
Stocks 87,328 74,634
Debtors 5 - 1,230
Cash at bank 3,803 1,083
91,131 76,947
CREDITORS
Amounts falling due within one year 6 56,498 48,795
NET CURRENT ASSETS 34,633 28,152
TOTAL ASSETS LESS CURRENT
LIABILITIES
34,633
28,152

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 34,631 28,150
SHAREHOLDERS' FUNDS 34,633 28,152

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 12 January 2021 and were signed
by:





Mr S Harris - Director


The notes form part of these financial statements

Page 2
FIXIT 4 U LIMITED (REGISTERED NUMBER: 05600822)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2019

1. STATUTORY INFORMATION

FIXIT 4 U LIMITED 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 - 25% on cost

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

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange
ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating
result.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 November 2018
and 31 October 2019 1,575
DEPRECIATION
At 1 November 2018
and 31 October 2019 1,575
NET BOOK VALUE
At 31 October 2019 -
At 31 October 2018 -

Page 3 continued...
FIXIT 4 U LIMITED (REGISTERED NUMBER: 05600822)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2019

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Other debtors - 1,230

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Bank loans and overdrafts - 82
Trade creditors - 12,741
Taxation and social security 2,644 6,407
Other creditors 53,854 29,565
56,498 48,795

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S Harris.

Page 4