Fermenti Ltd

Fermenti Ltd

FERMENTI LTD - Company Information

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Company Registration No. 11877418 (England and Wales)
Fermenti Ltd Unaudited accounts for the year ended 31 March 2023
Fermenti Ltd Unaudited accounts Contents
Page
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Fermenti Ltd Company Information for the year ended 31 March 2023
Director
Marie-Laure Prevost
Company Number
11877418 (England and Wales)
Registered Office
The Business Terrace Maidstone House, King Street Maidstone Kent ME15 6AW England
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Fermenti Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3
4,568 
6,504 
Current assets
Debtors
4
10,779 
- 
Cash at bank and in hand
1,661 
865 
12,440 
865 
Creditors: amounts falling due within one year
5
(103,289)
(57,024)
Net current liabilities
(90,849)
(56,159)
Net liabilities
(86,281)
(49,655)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(86,291)
(49,665)
Shareholders' funds
(86,281)
(49,655)
For the year ending 31 March 2023 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 3 August 2023 and were signed on its behalf by
Marie-Laure Prevost Director Company Registration No. 11877418
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Fermenti Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Fermenti Ltd is a private company, limited by shares, registered in England and Wales, registration number 11877418. The registered office is The Business Terrace, Maidstone House, King Street, Maidstone, Kent, ME15 6AW, England.
2
Accounting policies
Accounting Convention
These financial statements comply with Financial Reporting Standard 102 Section 1A.
Going concern
The going concern basis of accounting has been adopted in the preparation of these financial statements.
Revenue recognition
Revenue, described as turnover, is the value of goods provided to customers during the year. Revenue is recognised on the sale of goods when the goods are delivered and title has passed.
Tangible assets
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant & machinery
25% per annum straight line
3
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
7,742 
At 31 March 2023
7,742 
Depreciation
At 1 April 2022
1,238 
Charge for the year
1,936 
At 31 March 2023
3,174 
Net book value
At 31 March 2023
4,568 
At 31 March 2022
6,504 
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
10,779 
- 
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Fermenti Ltd Notes to the Accounts for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
100,049 
55,404 
Accruals
3,240 
1,620 
103,289 
57,024 
6
Transactions with related parties
At the balance sheet date, the company owed the director £100,049 in respect of loans and advances. (2022 £55,404) The director has charged the company interest on the outstanding balances at a rate of 5%.
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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