Fizza Electronics Limited - Accounts to registrar - small 17.2
Fizza Electronics Limited - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28TH FEBRUARY 2017 |
| FOR |
| FIZZA ELECTRONICS LIMITED |
| FIZZA ELECTRONICS LIMITED (REGISTERED NUMBER: 02007833) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28TH FEBRUARY 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| FIZZA ELECTRONICS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 28TH FEBRUARY 2017 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANT: |
| Chartered Accountants |
| 10 Park Place |
| Manchester |
| Lancashire |
| M4 4EY |
| FIZZA ELECTRONICS LIMITED (REGISTERED NUMBER: 02007833) |
| BALANCE SHEET |
| 28TH FEBRUARY 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on were signed by: |
| FIZZA ELECTRONICS LIMITED (REGISTERED NUMBER: 02007833) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28TH FEBRUARY 2017 |
| 1. | STATUTORY INFORMATION |
| Fizza Electronics Limited is a |
| registered in England and Wales. The company's registered number and |
| registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Deferred taxation |
| It has been found that a provision for deferred taxation is not required. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or |
| receivable, excluding discounts, rebates, value added tax and other sales |
| taxes. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial |
| recognition, intangible assets are measured at cost less any accumulated |
| amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after |
| making due allowance for obsolete and slow moving items. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions |
| payable to the company's pension scheme are charged to profit or loss in |
| the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| FIZZA ELECTRONICS LIMITED (REGISTERED NUMBER: 02007833) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28TH FEBRUARY 2017 |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1st March 2016 |
| and 28th February 2017 |
| AMORTISATION |
| At 1st March 2016 |
| and 28th February 2017 |
| NET BOOK VALUE |
| At 28th February 2017 |
| At 29th February 2016 |
| 5. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | and | Motor |
| property | fittings | vehicles | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st March 2016 |
| Disposals | ( |
) | ( |
) |
| At 28th February 2017 |
| DEPRECIATION |
| At 1st March 2016 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 28th February 2017 |
| NET BOOK VALUE |
| At 28th February 2017 |
| At 29th February 2016 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| FIZZA ELECTRONICS LIMITED (REGISTERED NUMBER: 02007833) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28TH FEBRUARY 2017 |
| 8. | RELATED PARTY DISCLOSURES |
| The company occupies units situated at 31,32 and 33 Moulton Street |
| Manchester M8 8FQ. Unit 32 is jointly owned by Mr P.Anwar (director) and |
| Mrs.J.Akhtar for which a commercial rent is being charged. |