Felks Holdings Limited Filleted accounts for Companies House (small and micro)

FELKS HOLDINGS LIMITED - Company Information

0 false false false false false false false false false true false false false false false false No description of principal activity 2019-09-01 Sage Accounts Production Advanced 2020 - FRS102_2019 xbrli:pure xbrli:shares iso4217:GBP 03686106 2019-09-01 2020-08-31 03686106 2020-08-31 03686106 2019-08-31 03686106 bus:Director1 2019-09-01 2020-08-31 03686106 core:WithinOneYear 2020-08-31 03686106 core:WithinOneYear 2019-08-31 03686106 core:ShareCapital 2020-08-31 03686106 core:ShareCapital 2019-08-31 03686106 core:RetainedEarningsAccumulatedLosses 2020-08-31 03686106 core:RetainedEarningsAccumulatedLosses 2019-08-31 03686106 bus:SmallEntities 2019-09-01 2020-08-31 03686106 bus:AuditExemptWithAccountantsReport 2019-09-01 2020-08-31 03686106 bus:FullAccounts 2019-09-01 2020-08-31 03686106 bus:SmallCompaniesRegimeForAccounts 2019-09-01 2020-08-31 03686106 bus:PrivateLimitedCompanyLtd 2019-09-01 2020-08-31 03686106 core:KeyManagementPersonnel 2019-09-01 2020-08-31

COMPANY REGISTRATION NUMBER: 03686106

Felks Holdings Limited

Filleted Unaudited Financial Statements

31 August 2020

Felks Holdings Limited

Financial Statements

Year ended 31 August 2020

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Felks Holdings Limited

Statement of Financial Position

31 August 2020

	2020		2019
Note	£	£	£

Current assets

Debtors	5	8,195	8,195
Cash at bank and in hand		25	52
		-------	-------
		8,220	8,247

Creditors: amounts falling due within one year	6	81,245		79,962
		--------		--------
Net current liabilities			73,025	71,715
			--------	--------
Total assets less current liabilities			( 73,025)	( 71,715)
			--------	--------
Net liabilities			( 73,025)	( 71,715)
			--------	--------

Capital and reserves

Called up share capital	200	200
Profit and loss account	( 73,225)	( 71,915)
	--------	--------
Shareholders deficit	( 73,025)	( 71,715)
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 7 May 2021 , and are signed on behalf of the board by:

P G F Turner
Director

Company registration number: 03686106

Felks Holdings Limited

Notes to the Financial Statements

Year ended 31 August 2020

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The director believes that the company is still a going concern and the accounts have been prepared as such.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Short term debtors and creditors are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

4. Employee numbers

The average number of persons employed by the company during the year, including the director, amounted to 1 (2019: 1).

5. Debtors

	2020	2019
	£	£
Other debtors	8,195	8,195
	-------	-------

6. Creditors: amounts falling due within one year

	2020	2019
	£	£
Bank loans and overdrafts	30	10
Trade creditors	8,102	7,024
Social security and other taxes	6,643	6,643
Other creditors	66,470	66,285
	--------	--------
	81,245	79,962
	--------	--------

7. Related party transactions

At the year end the company owed the director £55,648 (2019: £55,463).