Company Registration No. 9399466 (England and Wales)
Footsteps Ltd Limited
Unaudited accounts
for the year ended 31 December 2019
Footsteps Ltd Limited
Unaudited accounts
Contents
Footsteps Ltd Limited
Company Information
for the year ended 31 December 2019
Company Number
9399466 (England and Wales)
Registered Office
24 Queens Parade
North Road
Lancing
West Sussex
BN15 9BA
Footsteps Ltd Limited
Statement of financial position
as at
31 December 2019
Cash at bank and in hand
2,690
675
Creditors: amounts falling due within one year
(9,502)
(9,063)
Net current (liabilities)/assets
(106)
1,103
Total assets less current liabilities
80
1,500
Creditors: amounts falling due after more than one year
-
(570)
Called up share capital
10
10
Profit and loss account
70
920
Shareholders' funds
80
930
For the year ending 31 December 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.
The financial statements were approved by the Board and authorised for issue on 14 August 2020 and were signed on its behalf by
N Brady
Director
Company Registration No. 9399466
Footsteps Ltd Limited
Notes to the Accounts
for the year ended 31 December 2019
Footsteps Ltd Limited is a private company, limited by shares, registered in England and Wales, registration number 9399466. The registered office is 24 Queens Parade, North Road, Lancing, West Sussex, BN15 9BA.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight line
Computer equipment
25% Straight line
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Footsteps Ltd Limited
Notes to the Accounts
for the year ended 31 December 2019
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2019
3,920
674
4,594
At 31 December 2019
3,920
674
4,594
At 1 January 2019
3,540
657
4,197
Charge for the year
195
16
211
At 31 December 2019
3,735
673
4,408
At 31 December 2019
185
1
186
At 31 December 2018
380
17
397
Finished goods
1,800
1,800
Accrued income and prepayments
680
811
Other debtors
4,226
6,880
7
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
570
1,714
Taxes and social security
6,054
4,445
8
Creditors: amounts falling due after more than one year
2019
2018
Footsteps Ltd Limited
Notes to the Accounts
for the year ended 31 December 2019
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to director
6,880
4,225
6,880
4,225
During the year the company advanced the director a short term loan.
10
Average number of employees
During the year the average number of employees was 1 (2018: 1).