VERY_GOOD_FOR_LIMITED - Accounts


Company Registration Number SC522641 (Scotland)
VERY GOOD FOR LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 DECEMBER 2017
PAGES FOR FILING WITH REGISTRAR
VERY GOOD FOR LIMITED
BALANCE SHEET
AS AT 30 DECEMBER 2017
30 December 2017
- 1 -
2017
2016
£
£
£
£
Fixed assets
168,593
26,808
Current assets
7,292
6,369
Prepayments and accrued income
2,000
17,881
Creditors: amounts falling due within one year
(467,718)
(92,583)
Net current liabilities
(458,426)
(68,333)
Total assets less current liabilities
(289,833)
(41,525)
Net liabilities
(289,833)
(41,525)
Capital and reserves
(289,833)
(41,525)
Notes to the financial statements
1
Average employees

The average number of persons (including directors) employed by the company during the period was 7 (2016 - 2).

3
Operating lease commitments

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases totalling £123,649.

3
Going concern

After the year end the company ceased its retail operation. The premises that the company lease and operated from is being marketed for re-let and certain furniture and equipment is available on negotiation.

VERY GOOD FOR LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 DECEMBER 2017
30 December 2017
- 2 -

Very Good For Limited is a private company limited by shares incorporated in Scotland. The registered office is Clava House, Cradlehall Business Park, INVERNESS, IV2 5GH.

 

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

For the period ended 30 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 2 December 2018 and are signed on its behalf by:
A J Gray
Director
Company Registration Number SC522641
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