Company Registration No. NI626068 (Northern Ireland)
Fortifi Ltd
Unaudited accounts
for the year ended 31 August 2017
Fortifi Ltd
Unaudited accounts
Contents
Fortifi Ltd
Company Information
for the year ended 31 August 2017
Director
Mrs S C Henderson
Company Number
NI626068 (Northern Ireland)
Registered Office
59 Barnhill
Donaghadee
BT21 0QA
N Ireland
Accountants
A D Pottie & Co Ltd
1 Church Street
Fintona
Tyrone
BT78 2BR
Fortifi Ltd
Statement of financial position
as at
31 August 2017
Cash at bank and in hand
11,967
12,414
Creditors: amounts falling due within one year
(8,312)
(22,502)
Net current assets
19,129
16,986
Called up share capital
12
12
Profit and loss account
19,117
18,787
Shareholders' funds
19,129
18,799
For the year ending 31 August 2017 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 her 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 13 December 2017.
Mrs S C Henderson
Director
Company Registration No. NI626068
Fortifi Ltd
Notes to the Accounts
for the year ended 31 August 2017
Fortifi Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI626068. The registered office is 59 Barnhill, Donaghadee, BT21 0QA, N Ireland.
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.
These financial statements for the year ended 31 August 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
20% straight line
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 September 2016
2,573
Fortifi Ltd
Notes to the Accounts
for the year ended 31 August 2017
Other debtors
15,474
17,534
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
7,412
19,955
7
Average number of employees
During the year the average number of employees was 1 (2016: 1).