FS Rec Limited


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Company Registration No. 05808348 (England and Wales)
FS Rec LimitedUnaudited accounts for the year ended 30 April 2017
FS Rec LimitedUnaudited accounts Contents
Page
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FS Rec Limited Company Information for the year ended 30 April 2017
Director
R.L Everist
Company Number
05808348 (England and Wales)
Registered Office
67 Southfield RoadPonders EndEnfieldMiddxEN3 4BU
Accountants
Brindley Goldstein Ltd 103 High Street Waltham Cross Herts. EN8 7AN
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FS Rec Limited Statement of financial position as at 30 April 2017
2017 
2016 
Notes
£ 
£ 
Current assets
Debtors
222,373 
204,547 
Cash at bank and in hand
24,944 
5,755 
247,317 
210,302 
Creditors: amounts falling due within one year
(174,899)
(194,779)
Net current assets
72,418 
15,523 
Net assets
72,418 
15,523 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
71,418 
14,523 
Shareholders' funds
72,418 
15,523 
For the year ending 30 April 2017 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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.
Approved by the Board on 31 January 2018.
R.L Everist Director Company Registration No. 05808348
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FS Rec Limited Notes to the Accounts for the year ended 30 April 2017
1
Statutory information
FS Rec Limited is a private company, limited by shares, registered in England and Wales, registration number 05808348. The registered office is 67 Southfield Road, Ponders End, Enfield, Middx, EN3 4BU.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2017 
2016 
£ 
£ 
Trade debtors
204,547 
204,547 
Other debtors
17,826 
- 
222,373 
204,547 
5
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Taxes and social security
14,151 
33,971 
Other creditors
159,998 
159,998 
Loans from directors
- 
60 
Accruals
750 
750 
174,899 
194,779 
6
Transactions with related parties
The company was under the control of Mr. R.L.Everist throughout the current year. Mr. R.L.Everist is personally interested in 50% of the company's share capital.
7
Average number of employees
During the year the average number of employees was 2 (2016: 2).
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