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 2015

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 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

1,579,022

2,207,878

Current assets

Stocks

225,000

Debtors

82,123

55,589

Cash at bank and in hand

206,254

148,162

513,377

428,751

Creditors: amounts falling due within one year

(142,363)

(121,251)

Net current assets

371,014

307,500

Total assets less current liabilities

1,950,036

2,515,378

Creditors: amounts falling due after more than one year

(1,006,132)

(1,690,679)

Provisions for liabilities

(204)

(295)

943,700

824,404

Capital and reserves

Called up share capital

100

Revaluation reserve

407,649

602,005

Profit and loss account

535,951

222,299

Shareholders' funds

943,700

824,404

FOCUS SERVICES (GB) LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 DECEMBER 2015

- 2 -

For the financial year ended 31 December 2015 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 June 2016

Mr K Trenter

Director

Company Registration No. 02278567

FOCUS SERVICES (GB) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

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 2015

- 4 -

Fixed assets

Tangible assets

Cost or valuation

At 1 January 2015

2,225,309

Disposals

(628,185)

At 31 December 2015

1,597,124

Depreciation

At 1 January 2015

17,431

Charge for the year

671

At 31 December 2015

18,102

Net book value

At 31 December 2015

1,579,022

At 31 December 2014

2,207,878

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary of £1 each

100