FOLDSTICK LIMITED

FOLDSTICK LIMITED

FOLDSTICK LIMITED - Company Information

Print Friendly Version

FOLDSTICK LIMITED

Company Registration Number:
03520749 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2018

Period of accounts

Start date: 01 May 2017

End date: 30 April 2018

FOLDSTICK LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2018

Balance sheet
Notes

FOLDSTICK LIMITED

Balance sheet

As at 30 April 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets: 2 65,380 71,065
Tangible assets: 3 703,480 704,244
Total fixed assets: 768,860 775,309
Current assets
Stocks: 2,000 2,000
Debtors:   68,492 0
Cash at bank and in hand: 55,366 94,989
Total current assets: 125,858 96,989
Creditors: amounts falling due within one year:   (82,665) (81,229)
Net current assets (liabilities): 43,193 15,760
Total assets less current liabilities: 812,053 791,069
Creditors: amounts falling due after more than one year:   (25,995) (22,535)
Total net assets (liabilities): 786,058 768,534
Capital and reserves
Called up share capital: 360,000 360,000
Revaluation reserve:4464,902464,902
Profit and loss account: (38,844) (56,368)
Shareholders funds: 786,058 768,534

The notes form part of these financial statements

FOLDSTICK LIMITED

Balance sheet statements

For the year ending 30 April 2018 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 October 2018
and signed on behalf of the board by:

Name: J W M COLLINS
Status: Director

The notes form part of these financial statements

FOLDSTICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FOLDSTICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

2. Intangible Assets

Total
Cost £
At 01 May 2017 188,500
At 30 April 2018 188,500
Amortisation
At 01 May 2017 117,435
Charge for year 5,685
At 30 April 2018 123,120
Net book value
At 30 April 2018 65,380
At 30 April 2017 71,065

FOLDSTICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

3. Tangible Assets

Total
Cost £
At 01 May 2017 760,433
At 30 April 2018 760,433
Depreciation
At 01 May 2017 56,189
Charge for year 764
At 30 April 2018 56,953
Net book value
At 30 April 2018 703,480
At 30 April 2017 704,244

FOLDSTICK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

4. Revaluation reserve

2018
£
Balance at 01 May 2017 464,902
Surplus or deficit after revaluation 0
Balance at 30 April 2018 464,902