Company Registration No. 02737233 (England and Wales)
Flowing Forms In Metal Limited
Unaudited accounts
for the year ended 30 September 2017
Flowing Forms In Metal Limited
Unaudited accounts
Contents
Flowing Forms In Metal Limited
Company Information
for the year ended 30 September 2017
Company Number
02737233 (England and Wales)
Registered Office
UNIT C
BRAILES ROAD INDUSTRIAL ESTATE
SHIPSTON-ON-STOUR
WARWICKSHIRE
CV36 5AD
ENGLAND
Flowing Forms In Metal Limited
Statement of financial position
as at
30 September 2017
Tangible assets
30,498
51,044
Cash at bank and in hand
11,931
45,144
Creditors: amounts falling due within one year
(25,615)
(40,911)
Net current assets
17,119
31,033
Called up share capital
100
100
Profit and loss account
47,517
81,977
Shareholders' funds
47,617
82,077
For the year ending 30 September 2017 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 director acknowledges his 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 1 June 2018.
N I'Anson
Director
Company Registration No. 02737233
Flowing Forms In Metal Limited
Notes to the Accounts
for the year ended 30 September 2017
Flowing Forms In Metal Limited is a private company, limited by shares, registered in England and Wales, registration number 02737233. The registered office is UNIT C, BRAILES ROAD INDUSTRIAL ESTATE, SHIPSTON-ON-STOUR, WARWICKSHIRE, CV36 5AD, ENGLAND.
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.
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Flowing Forms In Metal Limited
Notes to the Accounts
for the year ended 30 September 2017
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 October 2016
114,369
107,683
222,052
At 30 September 2017
114,369
107,683
222,052
At 1 October 2016
75,001
96,007
171,008
Charge for the year
11,437
9,109
20,546
At 30 September 2017
86,438
105,116
191,554
At 30 September 2017
27,931
2,567
30,498
At 30 September 2016
39,368
11,676
51,044
Trade debtors
30,353
26,214
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Creditors: amounts falling due within one year
2017
2016
Taxes and social security
9,244
9,464
Other creditors
12,327
12,325
Loans from directors
1,671
18,671
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Average number of employees
During the year the average number of employees was 0 (2016: 0).