REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Statements for the Year Ended 31 December 2021 |
|
for |
|
Exodraft Limited |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Statements for the Year Ended 31 December 2021 |
|
for |
|
Exodraft Limited |
Exodraft Limited (Registered number: 03056589) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31 December 2021 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
Exodraft Limited |
|
Company Information |
for the Year Ended 31 December 2021 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
AUDITORS: |
|
823 Salisbury House |
29 Finsbury Circus |
London |
EC2M 5QQ |
Exodraft Limited (Registered number: 03056589) |
|
Balance Sheet |
31 December 2021 |
|
2021 | 2020 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 3 |
|
|
|
CURRENT ASSETS |
Stocks | 4 |
|
|
Debtors | 5 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 7 |
|
|
Retained earnings | 8 |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
Approved by the director and authorised for issue on
|
|
|
|
|
|
|
|
Exodraft Limited (Registered number: 03056589) |
|
Notes to the Financial Statements |
for the Year Ended 31 December 2021 |
|
1. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Financial reporting standard 102 - reduced disclosure exemptions |
The company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland": |
|
- the requirements of Section 7 Statement of Cash Flows. |
|
Turnover |
Turnover derives from the principal activity of the Company and is represented by invoiced sales excluding Value Added Tax. |
|
Foreign currencies |
Transactions in foreign currencies are recorded using a fixed rate of exchange. Monetary assets and liabilities denominated in foreign currencies are translated using the rate of exchange ruling at the balance sheet date. Gains or losses on translation are included in the profit and loss account. |
|
Tangible fixed assets |
Tangible fixed assets are stated at cost. |
|
Depreciation is provided at the following annual rates over the expected useful lives of the assets: |
|
Fixtures 20 - 25% Straight line |
Cars 17 - 33% Straight line |
|
Deferred taxation |
Deferred taxation is provided using the liability method in respect of the taxation effect of all timing differences. |
|
2. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
Exodraft Limited (Registered number: 03056589) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2021 |
|
3. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings | Cars | Totals |
£ | £ | £ |
COST |
At 1 January 2021 |
|
|
|
Additions |
|
|
|
Disposals |
|
( |
) | ( |
) |
At 31 December 2021 |
|
|
|
DEPRECIATION |
At 1 January 2021 |
|
|
|
Charge for year |
|
|
|
Eliminated on disposal |
|
( |
) | ( |
) |
At 31 December 2021 |
|
|
|
NET BOOK VALUE |
At 31 December 2021 |
|
|
|
At 31 December 2020 |
|
|
|
|
4. | STOCKS |
2021 | 2020 |
£ | £ |
Finished goods |
|
|
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Trade debtors |
|
|
Amounts owed by group undertakings |
|
|
Deferred tax asset | 8,000 | 11,000 |
Prepayments |
|
|
|
|
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Other trade creditors |
|
|
Amounts owed to group undertakings |
|
|
Corporation Tax |
|
|
Social security and other taxes |
|
|
VAT | 73,092 | 145,797 |
Other creditors |
|
|
Accruals |
|
|
|
|
Exodraft Limited (Registered number: 03056589) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2021 |
|
7. | CALLED UP SHARE CAPITAL |
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2021 | 2020 |
value: | £ | £ |
|
Ordinary | 1 | 130,000 | 130,000 |
|
8. | RESERVES |
Retained |
earnings |
£ |
|
At 1 January 2021 |
|
Profit for the year |
|
Dividends | ( |
) |
At 31 December 2021 |
|
|
9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
|
The Report of the Auditors was unqualified. |
|
|
for and on behalf of
|
|
10. | ULTIMATE CONTROLLING PARTY |
|
The company is controlled by Exodraft A/S a company incorporated in Denmark |