FS REC LIMITED Accounts filed on 30-04-2014
FS REC LIMITED Accounts filed on 30-04-2014
FS REC LIMITED
Company Registration Number:
05808348 (England and Wales)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01st May 2013
End date: 30th April 2014
SUBMITTED
FS REC LIMITED
Company Information
for the Period Ended
30th April 2014
Director: |
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Company secretary: |
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Registered office: |
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Nottinghamshire | ||
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Company Registration Number: |
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FS REC LIMITED
Abbreviated Balance sheet
As at 30th April 2014
Notes | 2014 £ |
2013 £ |
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Current assets | |||
Debtors: | 3 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors | |||
Creditors: amounts falling due within one year | 4 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
FS REC LIMITED
Abbreviated Balance sheet
As at 30th April 2014
continued
Notes | 2014 £ |
2013 £ |
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Capital and reserves | |||
Called up share capital: | 5 |
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Profit and Loss account: | ( |
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Total shareholders funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name: Robert Lee Everist
Status: Director
The notes form part of these financial statements
FS REC LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
30th April 2014
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1. Accounting policies
Basis of measurement and preparation of accounts
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company’s financial statements. Basis of preparation The financial information has been prepared by the director on the basis of the recognition and measurement principles contained in applicable UK Accounting Standards, in accordance with the following accounting policies which have been applied consistently in dealing with items which are considered material in relation to the financial statements. Going concern FS Rec Limited meets its day to day working capital requirements through loans from the shareholder. The company’s forecasts and projections, taking account of possible changes in trading performance, show that the company will be able to operate for the foreseeable future on the basis of the continued support from the shareholder , who has indicated that he is able to and will continue to provide such finance as the company may require. Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax. Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Cash Flow The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement
FS REC LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
30th April 2014
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3. Debtors
2014
£2013
£Other debtors: 43 60 Total: 43 60 Other debtors represent the corporation tax losses available for offsetting against future taxable profits.
FS REC LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
30th April 2014
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4. Creditors: amounts falling due within one year
2014
£2013
£Other creditors: 2,510 1,830 Total: 2,510 1,830 Other creditors represents a loan from the shareholder.