Flowermac Of New Covent Garden Ltd - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 08772260 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2016

for

FLOWERMAC OF NEW COVENT GARDEN LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D J MacQuire

SECRETARY:

R Groves

REGISTERED OFFICE:

90 Mayfield Road

Sanderstead

Surrey

CR2 0BF

REGISTERED NUMBER:

08772260 (England and Wales)

ACCOUNTANTS:

Andrew Cross & Co.

Plaza Building

Lee High Road

Lewisham

London

SE13 5PT

FIXED ASSETS

Tangible assets

4

1,222

1,630

CURRENT ASSETS

Stocks

650

650

Debtors

5

404

404

Cash in hand

100

100

1,154

1,154

CREDITORS

Amounts falling due within one year

6

1,270

1,753

NET CURRENT LIABILITIES

(116

)

(599

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,106

1,031

CREDITORS

Amounts falling due after more than one year

7

18,216

21,681

NET LIABILITIES

(17,110

)

(20,650

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(17,112

)

(20,652

)

SHAREHOLDERS' FUNDS

(17,110

)

(20,650

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 11 July 2017 and were signed by:

D J MacQuire - Director

1.	STATUTORY INFORMATION

Flowermac Of New Covent Garden Ltd is a private company, limited by shares , 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

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2016

and 31 December 2016

3,000

DEPRECIATION

At 1 January 2016

1,370

Charge for year

408

At 31 December 2016

1,778

NET BOOK VALUE

At 31 December 2016

1,222

At 31 December 2015

1,630

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other debtors

404

404

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Bank loans and overdrafts

393

330

Other creditors

877

1,423

1,270

1,753

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2016

2015

£

£

Other creditors

18,216

21,681

8.	RELATED PARTY DISCLOSURES

D J MacQuire

Company director

Monies loaned to the company

2016

2015

£

£

Amount due to related party at the balance sheet date

18,216

21,681

9.	FIRST YEAR ADOPTION

The Company has transitioned to FRS 102 from previously being prepared under the historical cost

convention and in accordance with the Financial Reporting Standards for Smaller Entities (effective

January 2015) as at 1st January 2015.

Reconciliation of equity

No transitional adjustments were required.

Reconciliation of profit or loss for the year

No transitional adjustments were required.