Thurst & Fritz Limited - Accounts to registrar (filleted) - small 18.2
Thurst & Fritz Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 13 June 2017 to 31 March 2018 |
for |
Thurst & Fritz Limited |
Thurst & Fritz Limited (Registered number: 10815743) |
Contents of the Financial Statements |
for the Period 13 June 2017 to 31 March 2018 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
Thurst & Fritz Limited (Registered number: 10815743) |
Balance Sheet |
31 March 2018 |
Notes | £ |
Current assets |
Debtors | 4 |
Cash at bank |
Creditors: amounts falling due within one year |
5 |
Net current liabilities | ( |
) |
Total assets less current liabilities | ( |
) |
Capital and reserves |
Called up share capital | 6 |
Share premium |
Retained earnings | ( |
) |
Shareholders' funds | ( |
) |
The directors acknowledge their 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 Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors on behalf by: |
Thurst & Fritz Limited (Registered number: 10815743) |
Notes to the Financial Statements |
for the Period 13 June 2017 to 31 March 2018 |
1. | Statutory information |
Thurst & Fritz Limited is a |
company's registered number and registered office address are as below: |
Registered number: | 10815743 |
Registered office: | 85 Church Road |
Hove |
East Sussex |
BN3 2BB |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | Accounting policies |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable net of VAT. When |
the outcome of a transaction involving the rendering of services can be reliably estimated, revenue |
from the rendering of services is measured by reference to the stage of completion of the service |
transaction at the end of the reporting period. When the outcome of a transaction involving the |
rendering of services cannot be reliably estimated, revenue is recognised only to the extent that |
expenses recognised are recoverable. |
Financial instruments |
A financial asset or a financial liability is recognised only when the entity becomes a party to the |
contractual provisions of the instrument. |
Basic financial instruments are initially recognised at the transaction price, unless the arrangement |
constitutes a financing transaction, where it is recognised at the present value of the future payments |
discounted at a market rate of interest for a similar debt instrument. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss |
Account, 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. |
Thurst & Fritz Limited (Registered number: 10815743) |
Notes to the Financial Statements - continued |
for the Period 13 June 2017 to 31 March 2018 |
2. | Accounting policies - continued |
Going concern |
The company meets its day to day working capital requirements through trading cash inflows and the |
continued support of the directors. On this basis the directors consider it appropriate to prepare the |
financial statements on a going concern basis. These financial statements do not include any |
adjustments that would arise from a deterioration in trading. |
3. | Employees and directors |
The average number of employees during the period was |
4. | Debtors: amounts falling due within one year |
£ |
Trade debtors |
Other debtors |
5. | Creditors: amounts falling due within one year |
£ |
Trade creditors |
Taxation and social security |
Other creditors |
6. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary A | £1 | 25 |
Ordinary B | £1 | 25 |
Ordinary C | £1 | 125 |
Ordinary D | £1 | 1,000 |
1,175 |
7. | Related party disclosures |
Within creditors is £24,111 owed to the directors. |