Company Registration No. 8535522 (England and Wales)
FANTASTIC TACKLE GROUP LTD
Unaudited accounts
for the year ended 31 May 2019
FANTASTIC TACKLE GROUP LTD
Unaudited accounts
Contents
FANTASTIC TACKLE GROUP LTD
Company Information
for the year ended 31 May 2019
Company Number
8535522 (England and Wales)
Registered Office
UNIT 413 CLERKENWELL WORKSHOPS
27/31 CLERKENWELL CLOSE
LONDON
EC1R 0AT
ENGLAND
Accountants
Clara Couch
17 Lipizzaner Fields
Whiteley
Hampshire
PO15 7BH
FANTASTIC TACKLE GROUP LTD
Statement of financial position
as at
31 May 2019
Cash at bank and in hand
6,873
12,135
Creditors: amounts falling due within one year
8,503
(52,245)
Net current assets
15,376
13,286
Called up share capital
100
100
Share premium
12,500
64,968
Capital redemption reserve
52,468
-
Capital contribution reserve
10,187
10,187
Profit and loss account
(59,879)
(60,645)
Shareholders' funds
15,376
14,610
For the year ending 31 May 2019 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 10 October 2019.
George Smart
Director
Company Registration No. 8535522
FANTASTIC TACKLE GROUP LTD
Notes to the Accounts
for the year ended 31 May 2019
FANTASTIC TACKLE GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 8535522. The registered office is UNIT 413 CLERKENWELL WORKSHOPS, 27/31 CLERKENWELL CLOSE, LONDON, EC1R 0AT, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Plant & machinery
40% Straight Line
Computer equipment
40% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2018
4,121
2,033
6,154
At 31 May 2019
4,121
2,033
6,154
At 1 June 2018
3,494
1,336
4,830
Charge for the year
627
697
1,324
At 31 May 2019
4,121
2,033
6,154
At 31 May 2018
627
697
1,324
FANTASTIC TACKLE GROUP LTD
Notes to the Accounts
for the year ended 31 May 2019
6
Creditors: amounts falling due within one year
2019
2018
Amounts owed to group undertakings and other participating interests
-
14,093
Taxes and social security
-
389
Other creditors
6,250
27,119
Loans from directors
(14,753)
(36,619)
7
Average number of employees
During the year the average number of employees was 0 (2018: 0).