Fedanco (UK) Limited - Accounts to registrar (filleted) - small 22.3
Fedanco (UK) Limited - Accounts to registrar (filleted) - small 22.3
REGISTERED NUMBER: |
Unaudited Financial Statements |
For The Year Ended 31 December 2021 |
for |
FEDANCO (UK) LIMITED |
FEDANCO (UK) LIMITED (REGISTERED NUMBER: 00957927) |
Contents of the Financial Statements |
For The Year Ended 31 December 2021 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
FEDANCO (UK) LIMITED |
Company Information |
For The Year Ended 31 December 2021 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
T/A Lees-Buckley & Co |
16 Northfields Prospect |
Putney Bridge Road |
London |
SW18 1PE |
FEDANCO (UK) LIMITED (REGISTERED NUMBER: 00957927) |
Balance Sheet |
31 December 2021 |
31.12.21 | 31.12.20 |
Notes | $ | $ |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
5 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings | 7 | ( |
) | ( |
) |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
FEDANCO (UK) LIMITED (REGISTERED NUMBER: 00957927) |
Notes to the Financial Statements |
For The Year Ended 31 December 2021 |
1. | STATUTORY INFORMATION |
Fedanco (UK) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Foreign currency translation |
The financial statements are presented in US dollars, which is the company's functional and presentational currency. |
Assets and liabilities in foreign currencies are translated into USD at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into USD at the rate of exchange at the date of transaction. |
Going concern |
In the event that additional funding is required, on the understanding that the ultimate parent company, Pandab Ltd and its shareholders have sufficient funds to enable them to provide this support; the directors consider it appropriate to prepare the accounts on a going concern basis. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2020 - NIL). |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.21 | 31.12.20 |
$ | $ |
Other creditors |
5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.12.21 | 31.12.20 |
$ | $ |
Amounts owed to group undertakings |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.21 | 31.12.20 |
value: | $ | $ |
Ordinary share of £1 each | £1 | 200 | 200 |
FEDANCO (UK) LIMITED (REGISTERED NUMBER: 00957927) |
Notes to the Financial Statements - continued |
For The Year Ended 31 December 2021 |
7. | RESERVES |
Retained |
earnings |
$ |
At 1 January 2021 | ( |
) |
Deficit for the year | ( |
) |
At 31 December 2021 | ( |
) |
8. | RELATED PARTY DISCLOSURES |
At the year end an amount of $2,330,939 (2020: $2,197,653) was due to Pandab Ltd. |
9. | CONTROL |
The company is controlled by Pandab Ltd, a company incorporated in Israel, which owns the company's entire issued share capital. |
Copies of consolidated financial statements of Pandab Ltd may be obtained from: |
Cliff Tower (Migdal Hatzook) |
12 Ramot Yum Street |
Herzliyah Pituah 46851 |
Israel |