FOCUS_SERVICES_(GB)_LIMIT - Accounts

FOCUS SERVICES (GB) LIMITED - Company Information

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Company Registration No. 02278567 (England and Wales)

FOCUS SERVICES (GB) LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOCUS SERVICES (GB) LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

FOCUS SERVICES (GB) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2013

- 1 -

2013

2012

Notes

Fixed assets

Tangible assets

2,208,939

2,210,187

Current assets

Stocks

225,000

Debtors

48,722

35,385

Cash at bank and in hand

192,571

251,902

466,293

512,287

Creditors: amounts falling due within one year

(200,375)

(195,435)

Net current assets

265,918

316,852

Total assets less current liabilities

2,474,857

2,527,039

Creditors: amounts falling due after more than one year

(1,722,756)

(1,838,151)

Provisions for liabilities

(304)

(639)

751,797

688,249

Capital and reserves

Called up share capital

100

Revaluation reserve

602,005

Profit and loss account

149,692

86,144

Shareholders' funds

751,797

688,249

FOCUS SERVICES (GB) LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 DECEMBER 2013

- 2 -

For the financial year ended 31 December 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 21 August 2014

Mr K Trenter

Director

Company Registration No. 02278567

FOCUS SERVICES (GB) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

Fixtures, fittings & equipment

1.5

Stock

Stock is valued at the lower of cost and net realisable value.

1.6

Long term contracts

Amounts recoverable on long term contracts, which are included in debtors, are stated at the net sales value of the work done after provision for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments on account.

1.7

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

FOCUS SERVICES (GB) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2013

- 4 -

Fixed assets

Tangible assets

Cost or valuation

At 1 January 2013 & at 31 December 2013

2,225,309

Depreciation

At 1 January 2013

15,122

Charge for the year

1,248

At 31 December 2013

16,370

Net book value

At 31 December 2013

2,208,939

At 31 December 2012

2,210,187

Share capital

2013

2012

Allotted, called up and fully paid

100 Ordinary of £1 each

100