SFAM Limited - Accounts to registrar (filleted) - small 18.2
SFAM Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 1 October 2019 to 11 January 2021 |
| for |
| SFAM Limited |
| SFAM Limited (Registered number: 08430525) |
| Contents of the Financial Statements |
| for the Period 1 October 2019 to 11 January 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| SFAM Limited |
| Company Information |
| for the Period 1 October 2019 to 11 January 2021 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| SFAM Limited (Registered number: 08430525) |
| Balance Sheet |
| 11 January 2021 |
| 11.1.21 | 30.9.19 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on signed on its behalf by: |
| SFAM Limited (Registered number: 08430525) |
| Notes to the Financial Statements |
| for the Period 1 October 2019 to 11 January 2021 |
| 1. | STATUTORY INFORMATION |
| SFAM Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
| less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant and machinery Straight line over 21 months |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| 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 period was |
| SFAM Limited (Registered number: 08430525) |
| Notes to the Financial Statements - continued |
| for the Period 1 October 2019 to 11 January 2021 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 October 2019 |
| Additions |
| Disposals | ( |
) |
| At 11 January 2021 |
| DEPRECIATION |
| At 1 October 2019 |
| Charge for period |
| Eliminated on disposal | ( |
) |
| At 11 January 2021 |
| NET BOOK VALUE |
| At 11 January 2021 |
| At 30 September 2019 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 11.1.21 | 30.9.19 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 11.1.21 | 30.9.19 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 7. | RELATED PARTY DISCLOSURES |
| During the year the company received £284,250 (2019:£299,750) from Kaupthing Singer & Friedlander Limited, |
| a company in which Mr J Stewart is a director. |
| During the year the company received £95,000 (2019:£120,000) from 21NS Investments Limited, a company in |
| which Mr J Stewart and Mr D Arman are directors. |
| During the year the company received £746,778 (2019:£34,322) from BM Holdco Limited, a company in which |
| Mr J Stewart and Mr D Arman are directors. |
| 8. | POST BALANCE SHEET EVENTS |
| The company has entered into a Members voluntary liquidation from 12 January 2021. |