Fluidoil Technologies Limited
Fluidoil Technologies Limited
Registered number: 09432004
Unaudited Financial Statements
For The Year Ended 28 February 2018
Wellstone Limited
Fluidoil Technologies Limited
Unaudited Financial Statements
For The Year Ended 28 February 2018
Unaudited Financial Statements
| Contents | |
| Page | |
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| Balance Sheet | 1 |
| Notes to the Financial Statements | 3 |
Fluidoil Technologies Limited
Balance Sheet
As at
28 February 2018
Balance Sheet
Registered number:
09432004
For the year ending 28 February 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2018 | 2017 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Intangible Assets | 3 |
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| CURRENT ASSETS | |||||
| Debtors | 4 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
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| Share premium account |
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| SHAREHOLDERS' FUNDS | 261,314 | 261,314 | |||
Directors' responsibilities:
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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. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Page 1
Fluidoil Technologies Limited
Balance Sheet (continued)
As at
28 February 2018
The notes on page 3 form part of these financial statements.
Page 2
Fluidoil Technologies Limited
Notes to the Financial Statements
For The Year Ended 28 February 2018
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are .... It is amortised to the profit and loss account over its estimated economic life of 99 years from the point at which the technology is proven to be valuable. This shall be taken to be the point at which revenues are earnt from the Itellectual Property.
2.
Average Number of Employees
Average number of employees, including directors, during the year was 0.
3.
Intangible Assets
| Intellectual Property | |||
|---|---|---|---|
| £ | |||
| Cost | |||
| As at |
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| Net Book Value | |||
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4.
Debtors
| 2018 | 2017 | ||
|---|---|---|---|
| £ | £ | ||
| Due after more than one year | |||
| Amounts owed by group undertakings | 4,314 | 4,314 | |
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5.
Share Capital
| 2018 | 2017 | ||
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| Allotted, Called up and fully paid |
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6.
General Information
Fluidoil Technologies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09432004 . The registered office is Eastlands II, London Road, Basingstoke, Hampshire, RG21 4AW.
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