Company Registration Number 02507819 (England and Wales)
HIGHFAWN PRODUCTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2019
PAGES FOR FILING WITH REGISTRAR
HIGHFAWN PRODUCTS LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2019
31 August 2019
- 1 -
2019
2018
Notes
£
£
£
£
Current assets
Stocks
435
583
Debtors
7,961
16,849
Cash at bank and in hand
22,356
9,573
30,752
27,005
Creditors: amounts falling due within one year
(11,822)
(6,830)
Net current assets
18,930
20,175
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
18,830
20,075
Total equity
18,930
20,175
Notes to the financial statements
1
Employees
The average number of persons (including directors) employed by the company during the year was 0 (2018 - 0).
(e) the company has relied on the specified exemption as a micro company contained in section 352 Companies Act 2014; the company has done so on the grounds that it is entitled to the benefit of that exemption as a small company and confirm that the abridged financial statements have been properly prepared in accordance with section 353 Companies Act 2014.
For the year ended 31 August 2019 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 year 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 2019 and are signed on its behalf by:
Mr John Openshaw
Mrs L Openshaw
Director
Director
Company Registration No. 02507819