Company Registration No. 5108092 (England and Wales)
5ive Management Limited
Unaudited accounts
for the year ended 31 March 2020
5ive Management Limited
Unaudited accounts
Contents
5ive Management Limited
Company Information
for the year ended 31 March 2020
Company Number
5108092 (England and Wales)
Registered Office
53 HAGBOURNE ROAD
DIDCOT
OX11 8DT
ENGLAND
5ive Management Limited
Statement of financial position
as at 31 March 2020
Tangible assets
428,351
428,351
Cash at bank and in hand
(2,855)
(3,148)
Creditors: amounts falling due within one year
(49,932)
(80,171)
Net current liabilities
(51,160)
(48,646)
Total assets less current liabilities
377,191
379,705
Creditors: amounts falling due after more than one year
(363,979)
(363,979)
Called up share capital
100
100
Profit and loss account
13,112
15,626
Shareholders' funds
13,212
15,726
For the year ending 31 March 2020 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.
The financial statements were approved by the Board and authorised for issue on 16 December 2020 and were signed on its behalf by
Mr Mokbul Khan
Director
Company Registration No. 5108092
5ive Management Limited
Notes to the Accounts
for the year ended 31 March 2020
5ive Management Limited is a private company, limited by shares, registered in England and Wales, registration number 5108092. The registered office is 53 HAGBOURNE ROAD, DIDCOT, OX11 8DT, ENGLAND.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2019
428,351
807
4,040
433,198
At 31 March 2020
428,351
807
4,040
433,198
At 1 April 2019
-
807
4,040
4,847
At 31 March 2020
-
807
4,040
4,847
At 31 March 2020
428,351
-
-
428,351
At 31 March 2019
428,351
-
-
428,351
5ive Management Limited
Notes to the Accounts
for the year ended 31 March 2020
6
Creditors: amounts falling due within one year
2020
2019
Amounts owed to group undertakings and other participating interests
40,992
38,609
Taxes and social security
5,252
36,882
Loans from directors
2,488
-
7
Creditors: amounts falling due after more than one year
2020
2019
Bank loans
363,979
363,979
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).
