Fert Trade Ltd - Accounts

Fert Trade Ltd 09012703 acting as an agent in the business of international trade. false 1 May 2017 09012703 2017-05-01 2017-07-20 09012703 2017-04-30 09012703 2017-07-20 09012703 2016-05-01 2017-04-30 09012703 2016-04-30 09012703 2017-04-30 09012703 frs102-bus:FRS102 2017-05-01 2017-07-20 09012703 frs102-bus:PrivateLimitedCompanyLtd 2017-05-01 2017-07-20 09012703 frs102-bus:FullAccounts 2017-05-01 2017-07-20 09012703 frs102-bus:AuditExempt-NoAccountantsReport 2017-05-01 2017-07-20 09012703 frs102-core:CurrentFinancialInstruments 2017-07-20 09012703 frs102-core:CurrentFinancialInstruments 2017-04-30 09012703 frs102-core:ShareCapital 2017-07-20 09012703 frs102-core:ShareCapital 2017-04-30 09012703 frs102-core:OtherReservesSubtotal 2017-07-20 09012703 frs102-core:OtherReservesSubtotal 2017-04-30 09012703 frs102-core:RetainedEarningsAccumulatedLosses 2017-07-20 09012703 frs102-core:RetainedEarningsAccumulatedLosses 2017-04-30 09012703 frs102-bus:Director1 2017-05-01 2017-07-20 09012703 frs102-bus:OrdinaryShareClass1 2017-07-20 09012703 frs102-bus:OrdinaryShareClass1 2017-04-30 09012703 frs102-bus:OrdinaryShareClass1 2017-05-01 2017-07-20 09012703 frs102-bus:OrdinaryShareClass1 2016-05-01 2017-04-30 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares

	Registered number
	09012703

	Fert Trade Ltd
	Unaudited Accounts
	for the period
	1 May 2017 to 20 July 2017

Fert Trade Ltd Balance Sheet as at 20 July 2017
	Notes		2017 £		2017 £
Current assets
Debtors		2,382		5,498
Cash at bank and in hand		1		67
		2,383		5,565

Creditors: amounts falling due within one year		253		3,097

Net current assets / (liabilities)			2,130		2,468

Total assets less current liabilities			2,130		2,468

Accruals and deferred income			(0)		(900)

Total net assets (liabilities)			2,130		1,568

Capital and reserves
Called up share capital	2		1		1
Other reserves			0		4
Profit and loss account			2,129		1,563
Shareholders' funds			2,130		1,568

These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

For the year ending 20 July 2017 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr J Abbotts

Director

Approved by the board on 7 September 2017

Company No: 09012703 (England and Wales)

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

	Going concern basis
	The beneficial owner has made an assessment of the company's ability to continue as a going concern. It has been concluded that the company will cease trading on 20 July 2017.

	Revenue recognition
	The turnover shown in the profit and loss account represents amounts commissioned during the year.

	Foreign currencies
	Assets and liabilities in foreign currencies are translated into GBP at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into GBP at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

	Other accounting policies
	Financial instruments Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Other accounting policies

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Share capital
	2017	2017
	£	£
Allotted, called up and fully paid:
1 (2017: 1) Ordinary shares of £1.00 each	1	1

	1	1

3.	Related party disclosures
	Controlling party The company was under the control of the beneficial owners throughout the current and previous year.