Company Registration No. 05808348 (England and Wales)
FS Rec Limited
Unaudited accounts
for the year ended 30 April 2017
FS Rec Limited
Unaudited accounts
Contents
FS Rec Limited
Company Information
for the year ended 30 April 2017
Company Number
05808348 (England and Wales)
Registered Office
67 Southfield Road
Ponders End
Enfield
Middx
EN3 4BU
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
Herts.
EN8 7AN
FS Rec Limited
Statement of financial position
as at 30 April 2017
Cash at bank and in hand
24,944
5,755
Creditors: amounts falling due within one year
(174,899)
(194,779)
Net current assets
72,418
15,523
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
FS Rec Limited
Notes to the Accounts
for the year ended 30 April 2017
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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.
The accounts are presented in £ sterling.
Trade debtors
204,547
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
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).