Company Registration Number 03670373 (England and Wales)
FAST FLOWERS (HOLDINGS) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2020
PAGES FOR FILING WITH REGISTRAR
FAST FLOWERS (HOLDINGS) LIMITED
BALANCE SHEET
AS AT
31 JULY 2020
31 July 2020
- 1 -
2020
2019
£
£
£
£
Fixed assets
246,327
250,033
Current assets
306,168
306,244
Prepayments and accrued income
852
400
Creditors: amounts falling due within one year
(261,690)
(311,144)
Net current assets/(liabilities)
45,330
(4,500)
Total assets less current liabilities
291,657
245,533
Creditors: amounts falling due after more than one year
(132,186)
(145,121)
Accruals and deferred income
(4,074)
(3,926)
Net assets
155,397
96,486
Capital and reserves
155,397
96,486
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year the company made advances totalling £185,115 (2019 - £189,206) to the directors. The advances attracted interest at HMRC approved rates and were repayable on demand. Repayments totalling £187,365 (2019 - £186,402) were made during the year.
2
Financial commitments, guarantees and contingencies
Creditors includes a loan amounting to £118,076 (2019 - £130,965), which is secured by a fixed and floating charge over the company's freehold property and other assets.
3
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2020
2019
Number
Number
Employees
2
2
Fast Flowers (Holdings) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 6G Hewlett House, Havelock Terrace, London, SW8 4AS.
For the year ended 31 July 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
FAST FLOWERS (HOLDINGS) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JULY 2020
31 July 2020
- 2 -
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 8 February 2021 and are signed on its behalf by:
Mr P B O'Regan
Director
Company Registration Number 03670373