Forza Win Limited - Accounts to registrar (filleted) - small 17.3
Forza Win Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 APRIL 2016 TO 30 SEPTEMBER 2017 |
| FOR |
| FORZA WIN LIMITED |
| FORZA WIN LIMITED (REGISTERED NUMBER: 08139139) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Period 1 April 2016 to 30 September 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| FORZA WIN LIMITED |
| COMPANY INFORMATION |
| for the Period 1 April 2016 to 30 September 2017 |
| Director: |
| Registered office: |
| Registered number: |
| Accountants: |
| Suite 19 |
| Maple Court |
| Grove Park |
| Maidenhead |
| Berkshire |
| SL6 3LW |
| FORZA WIN LIMITED (REGISTERED NUMBER: 08139139) |
| BALANCE SHEET |
| 30 September 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS/(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 Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the director on |
| FORZA WIN LIMITED (REGISTERED NUMBER: 08139139) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Period 1 April 2016 to 30 September 2017 |
| 1. | STATUTORY INFORMATION |
| Forza Win Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws |
| that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal |
| of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those |
| held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance |
| leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
| of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
| lease. |
| Going concern |
| At the time of approving the financial statements, the directors have a reasonable expectation that the company |
| has adequate resources to continue in operational existence for the foreseeable future. Thus the directors |
| continue to adopt the going concern basis of accounting in preparing the financial statements. |
| FORZA WIN LIMITED (REGISTERED NUMBER: 08139139) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Period 1 April 2016 to 30 September 2017 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | Plant and | and |
| property | machinery | fittings |
| £ | £ | £ |
| Cost |
| At 1 April 2016 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30 September 2017 |
| Depreciation |
| At 1 April 2016 |
| Charge for period |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 September 2017 |
| Net book value |
| At 30 September 2017 |
| At 31 March 2016 |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| Cost |
| At 1 April 2016 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 30 September 2017 |
| Depreciation |
| At 1 April 2016 |
| Charge for period |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 September 2017 |
| Net book value |
| At 30 September 2017 |
| At 31 March 2016 |
| FORZA WIN LIMITED (REGISTERED NUMBER: 08139139) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Period 1 April 2016 to 30 September 2017 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Plant and |
| machinery |
| £ |
| Cost |
| At 1 April 2016 |
| Transfer to ownership | (15,535 | ) |
| At 30 September 2017 |
| Depreciation |
| At 1 April 2016 |
| Transfer to ownership | (7,371 | ) |
| At 30 September 2017 |
| Net book value |
| At 30 September 2017 |
| At 31 March 2016 |
| 5. | STOCKS |
| 2017 | 2016 |
| £ | £ |
| Stocks |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Hire purchase contracts |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2017 | 2016 |
| £ | £ |
| Hire purchase contracts | - | 9,512 |
| Hire purchase is secured over the asset to which it relates. |
| FORZA WIN LIMITED (REGISTERED NUMBER: 08139139) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Period 1 April 2016 to 30 September 2017 |
| 10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the period ended 30 September 2017 and the |
| year ended 31 March 2016: |
| 2017 | 2016 |
| £ | £ |
| Balance outstanding at start of period |
| Amounts advanced |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of period |