Company Registration No. 07098259 (England and Wales)
Focus Ecology Limited
Unaudited accounts
for the year ended 31 December 2021
Focus Ecology Limited
Unaudited accounts
Contents
Focus Ecology Limited
Company Information
for the year ended 31 December 2021
Directors
Mr Graham Davison
Mrs Fern Fellowes-Day
Company Number
07098259 (England and Wales)
Registered Office
Unit 2 Ball Mill Top Business Park
Hallow
Worcester
WR2 6PD
Accountants
Jelly Bean Accountancy Limited
12 Hoskyns Avenue
Worcester
WR4 0LL
Focus Ecology Limited
Statement of financial position
as at 31 December 2021
Tangible assets
36,913
31,755
Cash at bank and in hand
164,655
191,109
Creditors: amounts falling due within one year
(115,108)
(104,254)
Net current assets
146,164
159,710
Total assets less current liabilities
183,077
191,465
Creditors: amounts falling due after more than one year
(702)
(3,510)
Net assets
182,375
187,955
Called up share capital
100
100
Profit and loss account
182,275
187,855
Shareholders' funds
182,375
187,955
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 June 2022 and were signed on its behalf by
Mrs Fern Fellowes-Day
Director
Company Registration No. 07098259
Focus Ecology Limited
Notes to the Accounts
for the year ended 31 December 2021
Focus Ecology Limited is a private company, limited by shares, registered in England and Wales, registration number 07098259. The registered office is Unit 2 Ball Mill Top Business Park, Hallow, Worcester, WR2 6PD.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
20% straight line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments - borrowings
Interest bearing borrowings are initially recognised at transaction price, adjusted for transaction costs. Interest bearing borrowings are subsequently measured at amortised cost using the effective interest method with interest being recognised in the profit and loss account.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Focus Ecology Limited
Notes to the Accounts
for the year ended 31 December 2021
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Government grants are accounted for under the accruals model. Grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Covid related grants have been recognised when received.
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Tangible fixed assets
Total
At 31 December 2021
85,203
Charge for the year
13,092
At 31 December 2021
48,290
At 31 December 2021
36,913
At 31 December 2020
31,755
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
5,528
7,370
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Average number of employees
During the year the average number of employees was 13 (2020: 11).
