Company Registration No. 09427874 (England and Wales)
Follow 3 B Limited
Unaudited accounts
for the year ended 28 February 2018
Follow 3 B Limited
Unaudited accounts
Contents
Follow 3 B Limited
Company Information
for the year ended 28 February 2018
Directors
Kushtrim Ukaj
Kreshnik Ukaj
Kastriot Ukaj
Company Number
09427874 (England and Wales)
Registered Office
60 Holloway Road
London
N7 8JL
Accountants
Major's Accounts & Co Ltd
118 Sydenham Road
Sydenham
London
SE26 5JX
Follow 3 B Limited
Statement of financial position
as at 28 February 2018
Tangible assets
20,318
24,778
Investment property
759,586
759,586
Cash at bank and in hand
20,540
77,063
Creditors: amounts falling due within one year
(688,971)
(722,989)
Net current liabilities
(668,431)
(643,850)
Total assets less current liabilities
111,473
140,514
Creditors: amounts falling due after more than one year
(110,260)
(140,260)
Called up share capital
3
3
Profit and loss account
1,210
251
Shareholders' funds
1,213
254
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. 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 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 30 November 2018.
Kushtrim Ukaj
Director
Company Registration No. 09427874
Follow 3 B Limited
Notes to the Accounts
for the year ended 28 February 2018
Follow 3 B Limited is a private company, limited by shares, registered in England and Wales, registration number 09427874. The registered office is 60 Holloway Road, London, N7 8JL.
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.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18% reducing balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Follow 3 B Limited
Notes to the Accounts
for the year ended 28 February 2018
4
Tangible fixed assets
Fixtures & fittings
At 28 February 2018
36,850
At 28 February 2018
16,532
At 28 February 2018
20,318
At 28 February 2017
24,778
Fair value at 1 March 2017
759,586
At 28 February 2018
759,586
7
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
33,894
33,894
Trade creditors
1,974
3,236
Taxes and social security
1,364
31,641
Loans from directors
650,996
654,218
8
Creditors: amounts falling due after more than one year
2018
2017
Bank loans
110,260
140,260
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
Follow 3 B Limited
Notes to the Accounts
for the year ended 28 February 2018
10
Average number of employees
During the year the average number of employees was 0 (2017: 0).
