Fortis Foods Ltd - Period Ending 2020-06-30
Fortis Foods Ltd - Period Ending 2020-06-30
Registration number:
Fortis Foods Ltd
for the Year Ended 30 June 2020
Fortis Foods Ltd
(Registration number: 09379280)
Balance Sheet as at 30 June 2020
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Note |
2020 |
2019 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net assets/(liabilities) |
- |
- |
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Capital and reserves |
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Total equity |
- |
- |
For the financial year ending 30 June 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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• |
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• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
.........................................
Mr Andrew Douglas Simpson
Director
Fortis Foods Ltd
Notes to the Financial Statements for the Year Ended 30 June 2020
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements were prepared in accordance with Financial Reporting Standard 102 1A -'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Fortis Foods Ltd
Notes to the Financial Statements for the Year Ended 30 June 2020
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Investments |
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2020 |
2019 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
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Cost or valuation |
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At 1 July 2019 |
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Provision |
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Carrying amount |
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At 30 June 2020 |
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At 30 June 2019 |
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Details of undertakings
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
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Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2020 |
2019 |
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Subsidiary undertakings |
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Ordinary |
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England |
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Ordinary |
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United States |
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Creditors |
Creditors: amounts falling due within one year
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2020 |
2019 |
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Due within one year |
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Other creditors |
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Fortis Foods Ltd
Notes to the Financial Statements for the Year Ended 30 June 2020
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Related party transactions |
Summary of transactions with subsidiaries
There were no disclosable transactions during the year. At the balance sheet date the amount due to Bonn's & Co Limited was £Nil (2019 - £Nil).
Summary of transactions with associates
Rakusen's Limited is the subsidiary company of Bonn's & Co Limited and the shares of Bonn's & Co Limited are held by Fortis Foods Ltd. Rakusen's Limited paid management charges of £148,148 (2019 - £62,552 ) to Fortis Foods Ltd. At the balance sheet date the amount due to Rakusen's Limited was £1,613,862 (2019 - £1,509,205).