Return Fundraising Limited Company Accounts
Return Fundraising Limited Company Accounts
COMPANY REGISTRATION NUMBER:
08207474
|
|
|
|
Financial Statements |
Year ended 31 October 2018
Contents |
Page |
Statement of financial position |
1 |
Notes to the financial statements |
3 |
|
Statement of Financial Position |
2018 |
2017 |
||
Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
|
|
|
Current assets
Debtors |
6 |
|
|
|
Cash at bank and in hand |
|
|
||
-------- |
-------- |
|||
|
|
|||
Creditors: amounts falling due within one year |
7 |
|
|
|
--------- |
-------- |
|||
Net current (liabilities)/assets |
(
|
|
||
-------- |
---- |
|||
Total assets less current liabilities |
(
|
|
||
-------- |
---- |
|||
Net (liabilities)/assets |
(
|
|
||
-------- |
---- |
|||
Capital and reserves
Called up share capital |
|
|
|
Profit and loss account |
(
|
– |
|
-------- |
---- |
||
Shareholders (deficit)/funds |
(
|
|
|
-------- |
---- |
||
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
|
Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
31 July 2019
, and are signed on behalf of the board by:
|
Director |
Company registration number:
08207474
|
Notes to the Financial Statements |
Year ended 31 October 2018
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/O Numbergeek Limited, Unit 302 Screenworks, 22 Highbury Grove, London, United Kingdom, N5 2ER.
The principal activity of the company during the year was telephone fundraising.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment |
- |
|
|
Impairment of fixed assets
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
14
(2017:
8
).
5.
Tangible assets
Equipment |
Total |
|
£ |
£ |
|
Cost |
||
At 1 November 2017 |
|
|
Additions |
|
|
------- |
------- |
|
At 31 October 2018 |
|
|
------- |
------- |
|
Depreciation |
||
At 1 November 2017 |
|
|
Charge for the year |
|
|
------- |
------- |
|
At 31 October 2018 |
|
|
------- |
------- |
|
Carrying amount |
||
At 31 October 2018 |
|
|
------- |
------- |
|
At 31 October 2017 |
|
|
------- |
------- |
|
6.
Debtors
2018 |
2017 |
|
£ |
£ |
|
Trade debtors |
|
|
Other debtors |
|
|
-------- |
-------- |
|
|
|
|
-------- |
-------- |
|
7.
Creditors:
amounts falling due within one year
2018 |
2017 |
|
£ |
£ |
|
Trade creditors |
|
|
Social security and other taxes |
|
|
Other creditors |
|
(
|
--------- |
-------- |
|
|
|
|
--------- |
-------- |
|
8.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2018 |
||||
Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
||
£ |
£ |
£ |
||
|
(
|
(
|
(
|
|
|
(
|
|
– |
|
---- |
---- |
---- |
||
(
|
(
|
(
|
||
---- |
---- |
---- |
||
2017 |
||||
Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
||
£ |
£ |
£ |
||
|
(
|
(
|
(
|
|
|
(
|
(
|
(
|
|
---- |
---- |
---- |
||
(
|
(
|
(
|
||
---- |
---- |
---- |
||
9.
Related party transactions
The company was under the control of
Mr Hazzlewood
and Mr Bennington
throughout the current and previous year. During the year, Return Fundraising Limited
was a Petherton Limited group company. During the year, the company paid a group company a sum of £88,000 (2017 - £67,087) for office rent. A group company paid the company £79,824 in regards to tax losses (2017 - £153,980). Included within the financial statements are the following inter-company balances with a group company: Trade Creditors £70,200 (2017 - £36,000) Trade Debtors £4,491 (2017 - £1,602) Other Debtors NIL (2017 - £20,000) Other Creditors £28,278 (2017 - NIL) No other transaction with related parties were undertaken such as are required to be disclosed under FRS 102, except as disclosed above.