Company Registration No. 08724689 (England and Wales)
FOAM EXPRESS LTD
Unaudited accounts
for the year ended 31 October 2017
FOAM EXPRESS LTD
Unaudited accounts
Contents
FOAM EXPRESS LTD
Company Information
for the year ended 31 October 2017
Director
Mindaugas Zubrickas
Company Number
08724689 (England and Wales)
Registered Office
19 WELLAND ROAD
HULL
HU8 9TB
Accountants
Eurofirma Ltd
59 Devons Road
London
E3 3DW
FOAM EXPRESS LTD
Statement of financial position
as at
31 October 2017
Cash at bank and in hand
312
(27,652)
Creditors: amounts falling due within one year
(16,729)
(166)
Net current liabilities
(16,317)
(17,718)
Net liabilities
(16,317)
(17,508)
Called up share capital
100
100
Profit and loss account
(16,417)
(17,608)
Shareholders' funds
(16,317)
(17,508)
For the year ending 31 October 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 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 31 July 2018.
Mindaugas Zubrickas
Director
Company Registration No. 08724689
FOAM EXPRESS LTD
Notes to the Accounts
for the year ended 31 October 2017
FOAM EXPRESS LTD is a private company, limited by shares, registered in England and Wales, registration number 08724689. The registered office is 19 WELLAND ROAD, HULL, HU8 9TB.
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 October 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 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:
Fixtures & fittings
18% on reduce cost
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
FOAM EXPRESS LTD
Notes to the Accounts
for the year ended 31 October 2017
Accrued income and prepayments
-
10,000
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
(83)
113
Loans from directors
16,812
53
7
Share capital
2017
2016
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 15 (2016: 11).