| The Federation of Poles in Great Britain Ltd |
| Registered number: |
04517285 |
| Balance Sheet |
| as at 31 March 2019 |
|
| Notes |
|
|
2019 |
|
|
2018 |
| £ |
£ |
| Current assets |
| Debtors |
2 |
|
254 |
|
|
254 |
| Cash at bank and in hand |
|
|
33,749 |
|
|
33,749 |
|
|
|
34,003 |
|
|
34,003 |
|
| Creditors: amounts falling due within one year |
3 |
|
(9,621) |
|
|
(9,621) |
|
| Net current assets |
|
|
|
24,382 |
|
|
24,382 |
|
| Total assets less current liabilities |
|
|
|
24,382 |
|
|
24,382 |
|
| Creditors: amounts falling due after more than one year |
4 |
|
|
(45,000) |
|
|
(45,000) |
|
|
|
| Net liabilities |
|
|
|
(20,618) |
|
|
(20,618) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
(20,620) |
|
|
(20,620) |
|
| Shareholder's funds |
|
|
|
(20,618) |
|
|
(20,618) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| E S Hryniewiecki |
| Director |
| Approved by the board on 23 December 2019 |
|
| The Federation of Poles in Great Britain Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2019 |
|
| 1 |
Accounting policies |
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
The accounts have been prepared on a going concern basis; all operations are continuing. The directors expect the company to continue to be supported by Fundusz Zjednoczenia Polskiego (charity number 1085896), this support the company will continue for at least twelve months after the date on which the Accounts were approved. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue from the rendering of services. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted. |
|
| 2 |
Debtors |
2019 |
|
2018 |
|
Debtors |
254 |
|
254 |
|
|
|
|
|
|
|
|
|
| 3 |
Creditors: amounts falling due within one year |
2019 |
|
2018 |
| £ |
£ |
|
Creditors |
9,621 |
|
9,621 |
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due after one year |
2019 |
|
2018 |
| £ |
£ |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
45,000 |
|
45,000 |
|
|
|
|
|
|
|
|
|
| 5 |
Controlling party |
|
The company's share capital is wholly owned by Fundusz Zjednoczenia Polskiego (charity number 1085896) |
|
| 6 |
Other information |
|
The Federation of Poles in Great Britain Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
240 King Street |
|
London |
|
W6 0RF |
