Foxlydiate Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08809521 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

FOXLYDIATE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs K J Brown

D P K Christian

REGISTERED OFFICE:

Bailey House

4-10 Barttelot Road

Horsham

West Sussex

RH12 1DQ

REGISTERED NUMBER:

08809521 (England and Wales)

ACCOUNTANTS:

D A CLARK & CO. LTD.

Bailey House

4-10 Barttelot Road

Horsham

West Sussex

RH12 1DQ

CURRENT ASSETS

Stocks

2

717,391

703,136

Debtors

3

2,572

-

Cash at bank

3,323

2,255

723,286

705,391

CREDITORS

Amounts falling due within one year

4

729,343

707,880

NET CURRENT LIABILITIES

(6,057

)

(2,489

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,057

)

(2,489

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(7,057

)

(3,489

)

SHAREHOLDERS' FUNDS

(6,057

)

(2,489

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 15 August 2018 and were signed on its behalf by:

D P K Christian - Director

1.	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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

2.

STOCKS

31.12.17

31.12.16

£

£

Work-in-progress

717,391

703,136

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Telstar Limited

2,572

-

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Telstar Limited

-

3,288

Addblend Limited

224,760

224,760

Ross & Cromarty Limited

400,000

400,000

Woodpecker Limited

45,000

25,000

Directors' current accounts

37,291

27,291

Accrued expenses

22,292

27,541

729,343

707,880

5.	RELATED PARTY DISCLOSURES

At the year end the company owed Mr D P K Christian (Director) £37,291 (2016: £27,291).

6.	ULTIMATE CONTROLLING PARTY

The controlling party is D P K Christian.

7.	GOING CONCERN

The Company will remain a going concern through the continued financial support of it's directors.