Foxdale Office Equipment Services Limite - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04935425 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2018

for

Foxdale Office Equipment Services

Limited

Trading as

Foxdale Office Equipment Services

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Boaler

SECRETARY:

Mrs J M Boaler

REGISTERED OFFICE:

17 Somersby Drive

Bromley Cross

Bolton

Lancashire

BL7 9PX

REGISTERED NUMBER:

04935425 (England and Wales)

ACCOUNTANTS:

Dawson & Co

Suite 9, Rockfield House

512 Darwen Road

Bromley Cross

Bolton

Lancashire

BL7 9DX

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,535

1,910

1,535

1,910

CURRENT ASSETS

Debtors

6

24,917

27,298

Cash at bank

106

645

25,023

27,943

CREDITORS

Amounts falling due within one year

7

26,756

28,899

NET CURRENT LIABILITIES

(1,733

)

(956

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(198

)

954

PROVISIONS FOR LIABILITIES

382

382

NET (LIABILITIES)/ASSETS

(580

)

572

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(582

)

570

SHAREHOLDERS' FUNDS

(580

)

572

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 11 March 2019 and were signed by:

J Boaler - Director

1.	STATUTORY INFORMATION

Foxdale Office Equipment Services Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less

any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 2 (2017 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2017

and 30 June 2018

7,000

AMORTISATION

At 1 July 2017

and 30 June 2018

7,000

NET BOOK VALUE

At 30 June 2018

-

At 30 June 2017

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2017

and 30 June 2018

6,193

DEPRECIATION

At 1 July 2017

4,283

Charge for year

375

At 30 June 2018

4,658

NET BOOK VALUE

At 30 June 2018

1,535

At 30 June 2017

1,910

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Trade debtors

20,234

22,615

Other debtors

4,683

4,683

24,917

27,298

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Bank loans and overdrafts

2,217

-

Trade creditors

13,745

17,914

Taxation and social security

3,474

6,110

Other creditors

7,320

4,875

26,756

28,899

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Boaler.