Company Registration No. 06334116 (England and Wales)
FIRST CALL ACCOUNTING LIMITED
Unaudited accounts
for the year ended 31 May 2018
FIRST CALL ACCOUNTING LIMITED
Unaudited accounts
Contents
FIRST CALL ACCOUNTING LIMITED
Company Information
for the year ended 31 May 2018
Company Number
06334116 (England and Wales)
Registered Office
1ST FLOOR, AUDIT HOUSE
151 HIGH STREET
BILLERICAY
ESSEX
CM12 9AB
Accountants
First Call Accounting Ltd
1st Floor Audit House
151 High Street
Billericay
Essex
CM12 9AB
FIRST CALL ACCOUNTING LIMITED
Statement of financial position
as at 31 May 2018
Tangible assets
7,058
7,531
Cash at bank and in hand
25,049
59,299
Creditors: amounts falling due within one year
(43,920)
(65,792)
Net current assets
78,312
94,325
Total assets less current liabilities
85,370
101,856
Creditors: amounts falling due after more than one year
(58,697)
(77,392)
Provisions for liabilities
Deferred tax
(1,192)
(1,424)
Called up share capital
51
51
Profit and loss account
25,430
22,989
Shareholders' funds
25,481
23,040
For the year ending 31 May 2018 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 6 February 2019.
Keith Spencer
Director
Company Registration No. 06334116
FIRST CALL ACCOUNTING LIMITED
Notes to the Accounts
for the year ended 31 May 2018
FIRST CALL ACCOUNTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06334116. The registered office is 1ST FLOOR, AUDIT HOUSE, 151 HIGH STREET, BILLERICAY, ESSEX, CM12 9AB.
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
FIRST CALL ACCOUNTING LIMITED
Notes to the Accounts
for the year ended 31 May 2018
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2017
22,629
1,695
24,324
At 31 May 2018
22,869
3,454
26,323
At 1 June 2017
16,404
389
16,793
Charge for the year
1,781
691
2,472
At 31 May 2018
18,185
1,080
19,265
At 31 May 2018
4,684
2,374
7,058
At 31 May 2017
6,225
1,306
7,531
Trade debtors
77,597
77,220
Accrued income and prepayments
11,486
15,498
7
Creditors: amounts falling due within one year
2018
2017
Trade creditors
11,876
40,111
Taxes and social security
31,431
25,503
8
Creditors: amounts falling due after more than one year
2018
2017
Other creditors
58,697
77,392
9
Transactions with related parties
Included in other creditors was £25,000 (2017 £25,000) owed to Olesya Veselova by way of directors loan to the company at the year end. The loan is unsecured and subordinated in favour of all other creditors owed by the company.
There is no interest charged on this loan.
10
Average number of employees
During the year the average number of employees was 10 (2017: 8).
