Company Registration No. 7313269 (England and Wales)
FLEXITEEK DISTRIBUTION LIMITED
Unaudited accounts
for the year ended 31 December 2017
FLEXITEEK DISTRIBUTION LIMITED
Unaudited accounts
Contents
FLEXITEEK DISTRIBUTION LIMITED
Company Information
for the year ended 31 December 2017
Company Number
7313269 (England and Wales)
Registered Office
UNIT 21A HAMBLE YACHT SERVICES PORT HAMB
HAMBLE
SOUTHAMPTON
HAMPSHIRE
SO31 4NN
Accountants
Clara Couch
17 Lipizzaner Fields
Whiteley
Hampshire
PO15 7BH
FLEXITEEK DISTRIBUTION LIMITED
Statement of financial position
as at 31 December 2017
Tangible assets
2,160
2,700
Inventories
130,531
233,538
Cash at bank and in hand
133,049
134,291
Creditors: amounts falling due within one year
(552,692)
(571,919)
Net current assets
21,735
20,125
Total assets less current liabilities
23,895
22,825
Creditors: amounts falling due after more than one year
(890)
-
Provisions for liabilities
Other provisions
-
(2,885)
Called up share capital
100
100
Revaluation reserve
970
970
Profit and loss account
21,935
18,870
Shareholders' funds
23,005
19,940
For the year ending 31 December 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 26 September 2018.
Mr Robert Tilney
Director
Company Registration No. 7313269
FLEXITEEK DISTRIBUTION LIMITED
Notes to the Accounts
for the year ended 31 December 2017
FLEXITEEK DISTRIBUTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7313269. The registered office is UNIT 21A HAMBLE YACHT SERVICES PORT HAMB, HAMBLE, SOUTHAMPTON, HAMPSHIRE, SO31 4NN.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
FLEXITEEK DISTRIBUTION LIMITED
Notes to the Accounts
for the year ended 31 December 2017
4
Tangible fixed assets
Plant & machinery
Finished goods
130,531
233,538
Trade debtors
153,823
125,406
Accrued income and prepayments
70,000
8,347
Other debtors
87,024
90,462
7
Creditors: amounts falling due within one year
2017
2016
Trade creditors
367,322
383,986
Taxes and social security
(14,575)
(12,420)
Other creditors
199,945
200,353
8
Creditors: amounts falling due after more than one year
2017
2016
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
FLEXITEEK DISTRIBUTION LIMITED
Notes to the Accounts
for the year ended 31 December 2017
10
Average number of employees
During the year the average number of employees was 0 (2016: 0).
