Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Bio flex Yarns Limited
Contents
|
|||
|
|||
|
The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4 ) have been prepared.
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Bio flex Yarns Limited
for the Year Ended 30 September 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bio flex Yarns Limited for the year ended 30 September 2016 set out on pages from the company's accounting records and from information and explanations you have given us.
We have carried out this engagement in acordance with guidance issued by Chartered Accountants Ireland, and have complied with the ethical guidance laid down by the institute relating to members undertaking the compliation of financial statements.
This report is made solely to the Board of Directors of Bio flex Yarns Limited , as a body, in accordance with the terms of our engagement letter . Our work has been undertaken solely to prepare for your approval the accounts of Bio flex Yarns Limited and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bio flex Yarns Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Bio flex Yarns Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Bio flex Yarns Limited. You consider that Bio flex Yarns Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Bio flex Yarns Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
......................................
PMB Accountants Limited
2 Heathermount Court
Comber
Newtownards
Co. Down
BT23 5NT
28 October 2016
Bio flex Yarns Limited
(Registration number: NI626672)
Abbreviated Balance Sheet at 30 September 2016
Note |
30 September 2016
|
30 September 2015
|
|||||||
Current assets |
|||||||||
Stocks |
|
- |
|||||||
Debtors |
|
|
|||||||
Cash at bank and in hand |
|
|
|||||||
|
|
||||||||
Creditors: Amounts falling due within one year |
( |
( |
|||||||
Net liabilities |
( |
( |
|||||||
Capital and reserves |
|||||||||
Called up share capital |
|
|
|||||||
Profit and loss account |
( |
( |
|||||||
Shareholders' deficit |
( |
( |
Approved by the Board on
.........................................
Mr Trevor Schofiled
Director
2
Bio flex Yarns Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued
Accounting policies |
Basis of preparation
The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.
Going concern
The directors have reviews the cashflow forecast for the next 12 months and is of the opiniont that the company can continue as a going concern.
Turnover
Government grants
Work in progress
Hire purchase and leasing
Financial instruments
Bio flex Yarns Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued
Share capital |
Allotted, called up and fully paid shares
30 September 2016 |
30 September 2015 |
|||||||||||
No. |
£ |
No. |
£ |
|||||||||
|
|
|
|
|
||||||||