FVG Smarti Environmental Products Ltd - Accounts to registrar - small 17.2

FVG Smarti Environmental Products Ltd - Accounts to registrar - small 17.2

SMARTI ENVIRONMENTAL LIMITED - Company Information

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REGISTERED NUMBER: 09142533 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2016

for

FVG Smarti Environmental Products Ltd

FVG Smarti Environmental Products Ltd (Registered number: 09142533)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FVG Smarti Environmental Products Ltd

Company Information
for the Year Ended 31 December 2016







DIRECTOR: M J Richards





REGISTERED OFFICE: Southgate House
59 Magdalen Street
Exeter
Devon
EX2 4HY





REGISTERED NUMBER: 09142533 (England and Wales)





ACCOUNTANTS: Prydis Accounts Limited
Chartered Accountants
Southgate House
59 Magdalen Street
Exeter
Devon
EX2 4HY
Page 1
FVG Smarti Environmental Products Ltd (Registered number: 09142533)

Balance Sheet
31 December 2016

31.12.16 31.12.15
Notes £    £   
CURRENT ASSETS
Stocks 65,360 5,905
Debtors 4 2,308 1,513
Cash at bank 6,973 1,630
74,641 9,048
CREDITORS
Amounts falling due within one year 5 121,355 12,238
NET CURRENT LIABILITIES (46,714 ) (3,190 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(46,714
)
(3,190
)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (46,814 ) (3,290 )
SHAREHOLDERS' FUNDS (46,714 ) (3,190 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the director on 29 September 2017 and were signed by:





M J Richards - Director


The notes form part of these financial statements

Page 2
FVG Smarti Environmental Products Ltd (Registered number: 09142533)

Notes to the Financial Statements
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

FVG Smarti Environmental Products Ltd is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the Company
Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors have reviewed the company's forecasts and finance facilities and believe that despite the negative
balance sheet, with their ongoing support, the company will manage its business risks successfully and will
continue in operational existence for the foreseeable future. For this reason the accounts have been prepared
on the going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2015 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade debtors 1,948 1,146
Other debtors 260 267
Called up share capital not paid 100 100
2,308 1,513

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade creditors 105,020 1,994
Social security and other taxes 269 -
VAT 5,257 951
Other creditors 9,276 1,262
Directors' loan accounts 333 6,831
Accrued expenses 1,200 1,200
121,355 12,238

Page 3