Company Registration No. 09523246 (England and Wales)
S Fried Ltd
Unaudited accounts
for the year ended 30 April 2017
S Fried Ltd
Unaudited accounts
Contents
S Fried Ltd
Company Information
for the year ended 30 April 2017
Company Number
09523246 (England and Wales)
Registered Office
30 CASTLEWOOD ROAD
LONDON
N16 6DW
ENGLAND
S Fried Ltd
Statement of financial position
as at 30 April 2017
Investment property
456,858
456,858
Cash at bank and in hand
3,641
3,887
Creditors: amounts falling due within one year
(309,825)
(310,758)
Net current liabilities
(304,749)
(306,871)
Total assets less current liabilities
152,109
149,987
Creditors: amounts falling due after more than one year
(126,968)
(135,784)
Called up share capital
2
2
Profit and loss account
25,139
14,201
Shareholders' funds
25,141
14,203
For the year ending 30 April 2017 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.
Approved by the Board on 15 January 2018.
Shmuel Friedman
Director
Company Registration No. 09523246
S Fried Ltd
Notes to the Accounts
for the year ended 30 April 2017
S Fried Ltd is a private company, limited by shares, registered in England and Wales, registration number 09523246. The registered office is 30 CASTLEWOOD ROAD, LONDON, N16 6DW, ENGLAND.
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.
These financial statements for the year ended 30 April 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 May 2016
456,858
S Fried Ltd
Notes to the Accounts
for the year ended 30 April 2017
6
Creditors: amounts falling due within one year
2017
2016
Trade creditors
1,650
2,653
Taxes and social security
2,720
3,050
Other creditors
304,975
304,575
7
Creditors: amounts falling due after more than one year
2017
2016
Bank loans
126,968
135,784
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).
