The 23rd Folio Limited - Period Ending 2018-03-31

Registration number: 08921768

The 23rd Folio Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2018

R S Porter & Co Limited
Albion Dockside Building
Hanover Place
Bristol
BS1 6UT

The 23rd Folio Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Financial Statements	3

The 23rd Folio Limited

Company Information

Directors

Mr Jack Collard Mr Frank Collins

Registered office

10 Collett Way Frome Somerset BA11 2XR

Accountants

R S Porter & Co Limited Albion Dockside Building Hanover Place Bristol BS1 6UT

Page 1

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
The 23rd Folio Limited
for the Year Ended 31 March 2018

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The 23rd Folio Limited for the year ended 31 March 2018 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of The 23rd Folio Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of The 23rd Folio Limited and state those matters that we have agreed to state to the Board of Directors of The 23rd Folio Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The 23rd Folio Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that The 23rd Folio Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The 23rd Folio Limited. You consider that The 23rd Folio Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of The 23rd Folio Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

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

R S Porter & Co Limited
Albion Dockside Building
Hanover Place
Bristol
BS1 6UT

2 July 2018

Page 2

The 23rd Folio Limited

(Registration number: 08921768)
Balance Sheet as at 31 March 2018

	2018 £	2017 £
Fixed assets	1,280,000	1,080,000
Current assets	80,921	53,031
Prepayments and accrued income	1,707	856
Creditors: Amounts falling due within one year	(1,097,152)	(896,957)
Net current liabilities	(1,014,524)	(843,070)
Total assets less current liabilities	265,476	236,930
Provisions for liabilities	(26,204)	(25,101)
Accruals and deferred income	(660)	(3,415)
	238,612	208,414
Capital and reserves	238,612	208,414

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Collett Way
Frome
Somerset
BA11 2XR
England

These financial statements were authorised for issue by the Board on 2 July 2018.

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - '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 and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Page 3

The 23rd Folio Limited

(Registration number: 08921768)
Balance Sheet as at 31 March 2018

Approved and authorised by the Board on 2 July 2018 and signed on its behalf by:
 

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

Mr Jack Collard

Director

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

Mr Frank Collins

Director

Page 4