Company Registration No. 07501916 (England and Wales)
EAGLE FLY LTD
Unaudited accounts
for the year ended 28 February 2022
EAGLE FLY LTD
Unaudited accounts
Contents
EAGLE FLY LTD
Company Information
for the year ended 28 February 2022
Company Number
07501916 (England and Wales)
Registered Office
1002 Duckman Tower
3 Lincoln Plaza
London
E14 9BL
EAGLE FLY LTD
Statement of financial position
as at 28 February 2022
Tangible assets
60,484
64,345
Inventories
1,062,777
1,077,777
Cash at bank and in hand
300,572
46,440
Creditors: amounts falling due within one year
(1,509,843)
(1,392,768)
Net current assets
95,717
63,427
Net assets
156,201
127,772
Called up share capital
1,000
1,000
Profit and loss account
155,201
126,772
Shareholders' funds
156,201
127,772
For the year ending 28 February 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 director acknowledges her 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 and authorised for issue on 29 November 2022 and were signed on its behalf by
LIYAN ZHAO
Director
Company Registration No. 07501916
EAGLE FLY LTD
Notes to the Accounts
for the year ended 28 February 2022
EAGLE FLY LTD is a private company, limited by shares, registered in England and Wales, registration number 07501916. The registered office is 1002 Duckman Tower, 3 Lincoln Plaza, London, E14 9BL.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Motor vehicles
8% Reducing Balance (special pool)
Computer equipment
25% straight line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2021
78,470
2,941
81,411
At 28 February 2022
78,470
2,941
81,411
At 1 March 2021
14,125
2,941
17,066
Charge for the year
3,861
-
3,861
At 28 February 2022
17,986
2,941
20,927
At 28 February 2022
60,484
-
60,484
At 28 February 2021
64,345
-
64,345
EAGLE FLY LTD
Notes to the Accounts
for the year ended 28 February 2022
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
26,934
39,925
Taxes and social security
18,445
12,583
Other creditors
62,211
47,323
Loans from directors
1,402,253
1,292,937
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).
