Company registration number:
07536751
Flair Furniture Ltd
Unaudited filleted financial statements
29 February 2020
Flair Furniture Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Flair Furniture Ltd
Directors and other information
|
|
|
|
Director
|
Ashley Hainsworth
|
|
|
|
|
|
|
|
Company number
|
07536751
|
|
|
|
|
|
|
|
Registered office
|
Bedkingdom
|
|
|
Oldfield Lane
|
|
|
Heckmondwike
|
|
|
West Yorkshire
|
|
|
WF16 0JD
|
|
|
|
|
|
|
|
Business address
|
Bedkingdom
|
|
|
Oldfield Lane
|
|
|
Heckmondwike
|
|
|
West Yorkshire
|
|
|
WF16 0JD
|
|
|
|
|
|
|
|
Accountants
|
Peter Crowther & Co
|
|
|
17 Springwood Drive
|
|
|
Halifax
|
|
|
West Yorkshire
|
|
|
HX3 0TQ
|
|
|
|
Flair Furniture Ltd
Chartered accountants report to the director on the preparation of the
unaudited statutory financial statements of Flair Furniture Ltd
Year ended 29 February 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Flair Furniture Ltd for the year ended 29 February 2020 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/ regulations-standards-and-guidance/.
This report is made solely to the director of Flair Furniture Ltd, as a body, in accordance with the terms of our engagement letter dated 21 February 2011. Our work has been undertaken solely to prepare for your approval the financial statements of Flair Furniture Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Flair Furniture Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Flair Furniture Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Flair Furniture Ltd. You consider that Flair Furniture Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Flair Furniture Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Peter Crowther & Co
Chartered Accountants
17 Springwood Drive
Halifax
West Yorkshire
HX3 0TQ
24 April 2020
Flair Furniture Ltd
Statement of financial position
29 February 2020
|
|
|
2020
|
|
|
2019
|
|
|
|
|
£
|
£
|
|
£
|
£
|
|
|
|
|
|
|
|
|
Fixed assets
|
|
|
|
427,545
|
|
|
207,348
|
|
|
|
|
_______
|
|
|
_______
|
|
|
|
|
|
|
|
|
Current assets
|
|
|
252,228
|
|
|
344,423
|
|
Prepayments and accrued income
|
|
|
1,705
|
|
|
569
|
|
|
|
|
_______
|
|
|
_______
|
|
|
|
|
|
253,933
|
|
|
344,992
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year
|
|
|
|
(
221,457)
|
|
|
(
299,591)
|
|
|
|
|
_______
|
|
|
_______
|
|
|
|
|
|
|
|
|
Net current assets
|
|
|
|
32,476
|
|
|
45,401
|
|
|
|
|
_______
|
|
|
_______
|
|
|
|
|
|
|
|
|
Total assets less current liabilities
|
|
|
|
460,021
|
|
|
252,749
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due after more than one year
|
|
|
|
(
299,028)
|
|
|
(
85,255)
|
|
|
|
|
|
|
|
|
Provisions for liabilities
|
|
|
|
(
5,000)
|
|
|
(
5,000)
|
|
|
|
|
|
|
|
|
Accruals and deferred income
|
|
|
|
(
5,621)
|
|
|
(
7,813)
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
|
|
|
_______
|
Net assets
|
|
|
|
150,372
|
|
|
154,681
|
|
|
|
|
_______
|
|
|
_______
|
|
|
|
|
|
|
|
|
Capital and reserves
|
|
|
|
150,372
|
|
|
154,681
|
|
|
|
|
_______
|
|
|
_______
|
|
|
|
|
|
|
|
|
Flair Furniture Ltd
Year ended 29 February 2020
Notes to the financial statements
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
8
(2019:
11
).
2.
Directors advances, credits and guarantees
|
During the year the director entered into the following advances and credits with the company:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2020
|
|
|
|
|
|
|
|
|
|
Balance brought forward
|
Advances /(credits) to the director
|
Amounts repaid
|
Balance o/standing
|
|
|
|
|
£
|
£
|
£
|
£
|
|
|
|
Ashley Hainsworth
|
(
11,718)
|
(
2,104)
|
-
|
(
13,822)
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
2019
|
|
|
|
|
|
|
|
|
|
Balance brought forward
|
Advances /(credits) to the director
|
Amounts repaid
|
Balance o/standing
|
|
|
|
|
£
|
£
|
£
|
£
|
|
|
|
Ashley Hainsworth
|
(
12,935)
|
-
|
1,217
|
(
11,718)
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
For the year ending 29 February 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
24 April 2020
, and are signed on behalf of the board by:
Ashley Hainsworth
Director
Company registration number:
07536751
The company is a private company limited by shares, registered in England.