FEATHER & SOLE LTD

FEATHER & SOLE LTD

FEATHER & SOLE LTD - Company Information

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Company Registration No. 13138432 (England and Wales)
FEATHER & SOLE LTD Unaudited accounts for the period from 18 January 2021 to 31 January 2022
FEATHER & SOLE LTD Unaudited accounts Contents
Page
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FEATHER & SOLE LTD Company Information for the period from 18 January 2021 to 31 January 2022
Directors
Amy Grace Pepper Ingrid Heather Strydom
Company Number
13138432 (England and Wales)
Registered Office
Mansart Attics Horseshoe Road, Pangbourne Berkshire RG8 7JQ United Kingdom
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FEATHER & SOLE LTD Statement of financial position as at 31 January 2022
2022 
Notes
£ 
Fixed assets
Tangible assets
4
697 
Current assets
Inventories
10,052 
Cash at bank and in hand
23,113 
33,165 
Creditors: amounts falling due within one year
5
(49,808)
Net current liabilities
(16,643)
Net liabilities
(15,946)
Capital and reserves
Called up share capital
6
1 
Profit and loss account
(15,947)
Shareholders' funds
(15,946)
For the period ending 31 January 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 June 2022 and were signed on its behalf by
Ingrid Heather Strydom Director Company Registration No. 13138432
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FEATHER & SOLE LTD Notes to the Accounts for the period from 18 January 2021 to 31 January 2022
1
Statutory information
FEATHER & SOLE LTD is a private company, limited by shares, registered in England and Wales, registration number 13138432. The registered office is Mansart Attics, Horseshoe Road, Pangbourne, Berkshire, RG8 7JQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The financial statements have been prepared on a going concern basis.The companies on going activities are dependent upon the continued support of the directors who has undertaken to provide such support for the forseeable future.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25 % on reducing balance
Computer equipment
25 % on reducing balance
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FEATHER & SOLE LTD Notes to the Accounts for the period from 18 January 2021 to 31 January 2022
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 18 January 2021
- 
Additions
812 
At 31 January 2022
812 
Depreciation
Charge for the period
115 
At 31 January 2022
115 
Net book value
At 31 January 2022
697 
5
Creditors: amounts falling due within one year
2022 
£ 
VAT
88 
Loans from directors
49,720 
49,808 
6
Share capital
2022 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
7
Transactions with related parties
Amy Grace Pepper and Ingrid Heather Strydom are the directors and shareholders holding equally shares in the company.
8
Average number of employees
During the period the average number of employees was 0.
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