REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Abbreviated Unaudited Accounts |
|
for the Period 28th April 2015 to 31st December 2015 |
|
for |
|
Founders Factory Limited |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Abbreviated Unaudited Accounts |
|
for the Period 28th April 2015 to 31st December 2015 |
|
for |
|
Founders Factory Limited |
Founders Factory Limited (Registered number: 09564631) |
|
Contents of the Abbreviated Accounts |
for the period 28th April 2015 to 31st December 2015 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Chartered Accountants' Report | 2 |
|
Abbreviated Balance Sheet | 3 |
|
Notes to the Abbreviated Accounts | 5 |
Founders Factory Limited |
|
Company Information |
for the period 28th April 2015 to 31st December 2015 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
|
|
|
|
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Founders Factory Limited |
|
|
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six) |
have been prepared. |
|
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Founders Factory Limited for the period ended 31st December 2015 which comprise the Profit |
and Loss Account, the Balance Sheet and the 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
|
This report is made solely to the Board of Directors of Founders Factory Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Founders Factory Limited and state those matters that we have agreed to state to the Board of Directors of Founders Factory Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
|
It is your duty to ensure that Founders Factory Limited 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 loss of Founders Factory Limited. You consider that Founders Factory Limited is exempt from the statutory audit requirement for the period. |
|
We have not been instructed to carry out an audit or a review of the financial statements of Founders Factory Limited. 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. |
|
|
|
|
|
|
|
Chartered Accountants |
|
|
|
|
|
|
29th September 2016 |
Founders Factory Limited (Registered number: 09564631) |
|
Abbreviated Balance Sheet |
31st December 2015 |
|
Notes | £ |
FIXED ASSETS |
Tangible assets | 2 |
|
Investments | 3 |
|
|
|
CURRENT ASSETS |
Debtors |
|
Cash at bank |
|
|
CREDITORS |
Amounts falling due within one year | ( |
) |
NET CURRENT ASSETS |
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
CAPITAL AND RESERVES |
Called up share capital | 4 |
|
Share premium |
|
Profit and loss account | ( |
) |
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
The directors acknowledge their responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Founders Factory Limited (Registered number: 09564631) |
|
Abbreviated Balance Sheet - continued |
31st December 2015 |
|
|
|
|
|
The financial statements were approved by the Board of Directors on
behalf by: |
|
|
|
|
|
|
|
Founders Factory Limited (Registered number: 09564631) |
|
Notes to the Abbreviated Accounts |
for the period 28th April 2015 to 31st December 2015 |
|
|
1. | ACCOUNTING POLICIES |
|
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts |
where turnover is recognised when the company obtains the right to consideration. |
|
Tangible fixed assets |
|
|
Land and buildings | - |
|
Plant and machinery etc | - |
|
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
|
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
|
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
|
At 31st December 2015 |
|
DEPRECIATION |
Charge for period |
|
At 31st December 2015 |
|
NET BOOK VALUE |
At 31st December 2015 |
|
Founders Factory Limited (Registered number: 09564631) |
|
Notes to the Abbreviated Accounts - continued |
for the period 28th April 2015 to 31st December 2015 |
|
|
3. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
Additions |
|
At 31st December 2015 | 285,000 |
NET BOOK VALUE |
At 31st December 2015 |
|
|
4. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
|
A Ordinary | £0.0001 |
|
|
E Shares | £0.1000 |
|
|
Preferred | £0.0001 |
|
5 |
|
The following shares were allotted and fully paid for cash at par during the period: |
|
|
|
|
|
the period. |