Company Registration No. 12644391 (England and Wales)
NetFX Design Ltd
Unaudited accounts
for the period from 1 July 2021 to 31 December 2022
NetFX Design Ltd
Unaudited accounts
Contents
NetFX Design Ltd
Company Information
for the period from 1 July 2021 to 31 December 2022
Company Number
12644391 (England and Wales)
Registered Office
1835 Olmstead Drive
Falls Church
VA 22043
USA
Accountants
Black & White Chartered Certified Accountants
2-3 Stable Court
Herriard Park
Herriard
Hampshire
RG25 2PL
NetFX Design Ltd
Statement of financial position
as at 31 December 2022
Tangible assets
1,731
2,308
Cash at bank and in hand
2,435
5,970
Creditors: amounts falling due within one year
(7,360)
(9,009)
Net current liabilities
(3,717)
(2,881)
Net liabilities
(1,986)
(573)
Called up share capital
100
100
Profit and loss account
(2,086)
(673)
Shareholders' funds
(1,986)
(573)
For the period ending 31 December 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 his 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 15 March 2023 and were signed on its behalf by
Stephen Thompson
Director
Company Registration No. 12644391
NetFX Design Ltd
Notes to the Accounts
for the period from 1 July 2021 to 31 December 2022
NetFX Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 12644391. The registered office is 1835 Olmstead Drive, Falls Church, VA 22043, USA.
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 period, 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.
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
20% straight line
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Amounts due from group undertakings etc.
1,050
-
NetFX Design Ltd
Notes to the Accounts
for the period from 1 July 2021 to 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
180
-
Loans from directors
4,915
7,569
7
Average number of employees
During the period the average number of employees was 1 (2021: 1).