Fresh Professional Development Limited - Accounts to registrar (filleted) - small 17.3
Fresh Professional Development Limited - Accounts to registrar (filleted) - small 17.3
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2017 |
FOR |
FRESH PROFESSIONAL DEVELOPMENT LIMITED |
FRESH PROFESSIONAL DEVELOPMENT LIMITED (REGISTERED NUMBER: 03775203) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 31 December 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Chartered Accountants' Report | 5 |
FRESH PROFESSIONAL DEVELOPMENT LIMITED |
COMPANY INFORMATION |
For The Year Ended 31 December 2017 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Wansdyke Business Services Centre |
Midsomer Enterprise Park |
Radstock Road |
Midsomer Norton |
Somerset |
BA3 2BB |
FRESH PROFESSIONAL DEVELOPMENT LIMITED (REGISTERED NUMBER: 03775203) |
BALANCE SHEET |
31 December 2017 |
31.12.17 | 31.12.16 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered. |
The financial statements were approved by the Board of Directors on |
FRESH PROFESSIONAL DEVELOPMENT LIMITED (REGISTERED NUMBER: 03775203) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 31 December 2017 |
1. | STATUTORY INFORMATION |
Fresh Professional Development Limited is a |
Wales. The company's registered number and registered office address can be found on the Company |
Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery etc | - |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except |
to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
FRESH PROFESSIONAL DEVELOPMENT LIMITED (REGISTERED NUMBER: 03775203) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 December 2017 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 January 2017 |
and 31 December 2017 |
DEPRECIATION |
At 1 January 2017 |
Charge for year |
At 31 December 2017 |
NET BOOK VALUE |
At 31 December 2017 |
At 31 December 2016 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.17 | 31.12.16 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.17 | 31.12.16 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | RELATED PARTY DISCLOSURES |
During the current financial year, Management Charges of £58,000 (2016 - £Nil) were charged to the company |
by Fresh Development Group Limited. At the year end £14,400 (£2016 - £Nil) remained unpaid and as such is |
included within the Trade Creditors figure. |
8. | ULTIMATE CONTROLLING PARTY |
As at 31 December 2017, the company is controlled by WJR Cooper as a result of his 100% controlling interest |
in Fresh Development Group Limited which at the year end held 78% of the issued share capital. |
Fresh Development Group Limited is a company registered in England and Wales (No. 8311984) whose |
Registered Office is Charfield Hall Farm, Little Bristol Lane, Charfield, Wotton-Under-Edge, Gloucestershire, |
GL12 8LN. |
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
FRESH PROFESSIONAL DEVELOPMENT LIMITED |
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the |
Report of the Directors are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Fresh Professional Development Limited for the year ended 31 December 2017 which comprise |
the Profit and loss account, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Fresh Professional Development Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Fresh Professional Development Limited and state those matters that we have agreed to state to the Board of Directors of Fresh Professional Development Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fresh Professional Development Limited Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Fresh Professional Development Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Fresh Professional Development Limited. You consider that Fresh Professional Development 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 financial statements of Fresh Professional Development 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 financial statements. |
Wansdyke Business Services Centre |
Midsomer Enterprise Park |
Radstock Road |
Midsomer Norton |
Somerset |
BA3 2BB |