FS Rec Limited

R.L.Everist

05808348 (England and Wales)

67 Southfield Road Ponders End Enfield Middx EN3 4BU

Brindley Goldstein Ltd 103 High Street Waltham Cross Herts. EN8 7AN

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of FS Rec Limited for the year ended 30 April 2016 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of FS Rec Limited, as a body, in accordance with the terms of our engagement letter dated 23 February 2017. Our work has been undertaken solely to prepare for your approval the accounts of FS Rec Limited and state those matters that we have agreed to state to the Board of Directors of FS Rec Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than FS Rec Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that FS Rec 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 loss of FS Rec Limited. You consider that FS Rec 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 FS Rec 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.

Brindley Goldstein Ltd Chartered Accountants 103 High Street Waltham Cross Herts. EN8 7AN 28 February 2017

Debtors

204,547 

- 

Cash at bank and in hand

5,755 

4,120 

(194,779)

(2,936)

Called up share capital

1,000 

1,000 

Profit and loss account

14,523 

184 

For the year ending 30 April 2016 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.

Approved by the Board on 28 February 2017.

R.L.Everist Director Company Registration No. 05808348

At 1 May 2014

1,000 

184 

1,184 

Profit for the year

- 

- 

At 30 April 2015

At 1 May 2015

1,000 

184 

1,184 

Profit for the year

14,339 

14,339 

At 30 April 2016

FS Rec Limited is a private company, limited by shares, registered in England and Wales, registration number 05808348. The registered office and principal place of business is 67 Southfield Road, Ponders End, Enfield, Middx, EN3 4BU.

These financial statements for the year ended 30 April 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2015. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.

Trade debtors

Corporation tax

3,585 

- 

Other taxes and social security costs

30,386 

- 

Other creditors

159,998 

- 

Loans from directors

60 

2,936 

Accruals

750 

- 

Allotted, called up and fully paid:

1,000 Ordinary shares of £1 each

During the year the average number of employees was 2 (2015: 0).