True 2 Form Products & Components Ltd - Period Ending 2020-03-31

True 2 Form Products & Components Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	2

True 2 Form Products & Components Ltd

Company Information

Directors

Mr D J Potter Mrs K J Potter

Registered office

Unit 4, Swanton Farms Swanton Lane Lydden Dover Kent CT15 7EY

Accountants

Cannons Chartered Certified Accountants Unit 1A Park Farm Road Park Farm Industrial Estate Folkestone Kent CT19 5EY

True 2 Form Products & Components Ltd

(Registration number: 03749690)
Balance Sheet as at 31 March 2020

	2020 £	2019 £
Fixed assets	1,382	1,843
Current assets	5,039	16,334
Prepayments and accrued income	267	247
Creditors: Amounts falling due within one year	(17,002)	(21,200)
Net current liabilities	(11,696)	(4,619)
Total assets less current liabilities	(10,314)	(2,776)
Accruals and deferred income	(1,915)	(2,329)
	(12,229)	(5,105)
Capital and reserves	(12,229)	(5,105)

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 4, Swanton Farms
Swanton Lane
Lydden
Dover
Kent
CT15 7EY
United Kingdom

These financial statements were authorised for issue by the Board on 14 January 2021.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2019 - 2).

3	Related party transactions

Transactions with directors

2020	At 1 April 2019 £	Advances to directors £	Repayments by director £	At 31 March 2020 £
Mr D J Potter
	13,964	(1,858)	590	12,696

True 2 Form Products & Components Ltd

(Registration number: 03749690)
Balance Sheet as at 31 March 2020

2019	At 1 April 2018 £	Repayments by director £	At 31 March 2019 £
Mr D J Potter
	12,921	1,042	13,964

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 14 January 2021 and signed on its behalf by:
 

.........................................

Mr D J Potter
Director