Company Registration No. 09696116 (England and Wales)
FORTUOUS LIMITED
Unaudited accounts
for the year ended 31 July 2019
FORTUOUS LIMITED
Unaudited accounts
Contents
FORTUOUS LIMITED
Company Information
for the year ended 31 July 2019
Company Number
09696116 (England and Wales)
Registered Office
408 Hoe Street
London
Walthamstow
E17 9AA
England
FORTUOUS LIMITED
Statement of financial position
as at
31 July 2019
Intangible assets
8,500
8,500
Tangible assets
3,662
4,531
Cash at bank and in hand
12,261
5,833
Creditors: amounts falling due within one year
(43,352)
(40,054)
Net current liabilities
(10,670)
(29,455)
Net assets/(liabilities)
1,492
(16,424)
Called up share capital
1
1
Profit and loss account
1,491
(16,425)
Shareholders' funds
1,492
(16,424)
For the year ending 31 July 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 23 March 2020.
Khyam Chudhry
Director
Company Registration No. 09696116
FORTUOUS LIMITED
Notes to the Accounts
for the year ended 31 July 2019
FORTUOUS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09696116. The registered office is 408 Hoe Street, London, Walthamstow, E17 9AA, 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.
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:
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Other
FORTUOUS LIMITED
Notes to the Accounts
for the year ended 31 July 2019
5
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Trade debtors
18,220
4,162
7
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
10,002
709
Other creditors
27,848
30,316
Loans from directors
5,558
9,019
8
Share capital
2019
2018
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 5 (2018: 5).