Entire Facilities Management Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09788377 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2018

for

Entire Facilities Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Currey

REGISTERED OFFICE:

Unit 2

Old Brick Works Lane

Chesterfield

Derbyshire

S41 7JD

REGISTERED NUMBER:

09788377 (England and Wales)

ACCOUNTANTS:

Sutton McGrath Hartley Limited

5 Westbrook Court

Sharrowvale Road

Sheffield

S11 8YZ

FIXED ASSETS

Intangible assets

4

7,800

10,200

Tangible assets

5

43,927

11,345

51,727

21,545

CURRENT ASSETS

Stocks

5,000

-

Debtors

6

91,591

104,066

Cash at bank

2,119

376

98,710

104,442

CREDITORS

Amounts falling due within one year

7

107,811

69,676

NET CURRENT (LIABILITIES)/ASSETS

(9,101

)

34,766

TOTAL ASSETS LESS CURRENT LIABILITIES

42,626

56,311

CREDITORS

Amounts falling due after more than one year

8

17,805

54,107

NET ASSETS

24,821

2,204

RESERVES

Retained earnings

24,821

2,204

24,821

2,204

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 applicable to companies subject to the small companies regime.

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 30 September 2019 and were signed by:

P Currey - Director

1.	STATUTORY INFORMATION

Entire Facilities Management 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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

-

25% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2017 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2017

and 30 September 2018

12,000

AMORTISATION

At 1 October 2017

1,800

Charge for year

2,400

At 30 September 2018

4,200

NET BOOK VALUE

At 30 September 2018

7,800

At 30 September 2017

10,200

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2017

12,824

Additions

64,628

Disposals

(13,000

)

At 30 September 2018

64,452

DEPRECIATION

At 1 October 2017

1,479

Charge for year

19,046

At 30 September 2018

20,525

NET BOOK VALUE

At 30 September 2018

43,927

At 30 September 2017

11,345

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

81,568

82,264

Other debtors

1,000

-

Directors' current accounts

1,736

11,802

Prepayments

7,287

10,000

91,591

104,066

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Hire purchase contracts

2,332

-

Trade creditors

42,001

31,721

Social security and other taxes

5,642

7,963

VAT

53,790

30,002

Other creditors

1,115

-

Net Wages

-

(10

)

Accrued expenses

2,931

-

107,811

69,676

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Intercompany - D&PP

2,735

23,440

Intercompany - Alkota

966

5,060

Loan - D&PP

10,607

25,607

Hire purchase contracts

3,497

-

17,805

54,107