Formtyke Limited
|
Balance Sheet |
as at 31 December 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Current assets |
Debtors |
5 |
|
157 |
|
|
6,969 |
Cash at bank and in hand |
|
|
379,395 |
|
|
345,297 |
|
|
|
379,552 |
|
|
352,266 |
|
Creditors: amounts falling due within one year |
6 |
|
(177,205) |
|
|
(147,447) |
|
Net current assets |
|
|
|
202,347 |
|
|
204,819 |
|
Net assets |
|
|
|
202,347 |
|
|
204,819 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
7 |
|
|
1,000 |
|
|
1,000 |
Profit and loss account |
8 |
|
|
201,347 |
|
|
203,819 |
|
Shareholders' funds |
|
|
|
202,347 |
|
|
204,819 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
|
Mrs Maria Dolores Rodriguez Maqueda |
Director |
Approved by the board on 25 July 2016
|
|
Formtyke Limited
|
Notes to the Accounts |
for the year ended 31 December 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
The company has elected not to produce a cash flow statement on the that it is not required under the FRSSE 2015. |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Foreign currencies |
|
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated into Pounds sterling at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
2 |
Other interest receivable & other income |
2015 |
|
2014 |
£ |
£ |
|
|
Bank interest received |
1,721 |
|
2,181 |
|
|
|
|
|
|
|
|
|
|
3 |
Interest payable and similar charges |
2015 |
|
2014 |
£ |
£ |
|
|
Interest payable |
12 |
|
- |
|
|
|
|
|
|
|
|
|
|
4 |
Taxation |
2015 |
|
2014 |
£ |
£ |
|
|
UK corporation tax |
- |
|
2,262 |
|
|
|
|
|
|
|
|
|
|
5 |
Debtors |
2015 |
|
2014 |
£ |
£ |
|
|
Trade debtors |
- |
|
6,637 |
|
Other debtors |
157 |
|
332 |
|
|
|
|
|
|
157 |
|
6,969 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due within one year |
2015 |
|
2014 |
£ |
£ |
|
|
Corporation tax |
- |
|
2,262 |
|
Other creditors |
177,205 |
|
145,185 |
|
|
|
|
|
|
177,205 |
|
147,447 |
|
|
|
|
|
|
|
|
|
|
7 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
1,000 |
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|
|
8 |
Profit and loss account |
2015 |
£ |
|
|
At 1 January 2015 |
203,819 |
|
Loss for the year |
(2,472) |
|
|
At 31 December 2015 |
201,347 |
|
|
|
|
|
|
|
|
9 |
Related party relationships and transactions |
|
|
The following balance existed with related parties at 31 December 2015: a) Loan from shareholder - £80,743 (2014: £93,189) The total related business in which the company involced amounted to £34,438 (2014: £291,697) |
|
|
10 |
Ultimate controlling party |
|
|
The ultimate controlling party is considered to be Jose Sanchez Rodriguez
|