Bright Futures Construction Limited Filleted accounts for Companies House (small and micro)

BRIGHT FUTURES CONSTRUCTION LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 08001048

Bright Futures Construction Limited

Filleted Unaudited Financial Statements

31 March 2021

Bright Futures Construction Limited

Statement of Financial Position

31 March 2021

	2021		2020
Note	£	£	£

Current assets

Debtors	4	100		100
Cash at bank and in hand		28		95
		----		----
		128		195
		----		----
Net current assets			128	195
			----	----
Total assets less current liabilities			128	195

Creditors: amounts falling due after more than one year	5	3,203	3,203
		-------	-------
Net liabilities		( 3,075)	( 3,008)
		-------	-------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 3,175)	( 3,108)
	-------	-------
Shareholders deficit	( 3,075)	( 3,008)
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 .

These financial statements were approved by the board of directors and authorised for issue on 22 April 2021 , and are signed on behalf of the board by:

Telensky

Director

Company registration number: 08001048

Bright Futures Construction Limited

Notes to the Financial Statements

Year ended 31 March 2021

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Enterprise House, 5 Roundwood Lane, Harpenden, Herts, AL5 3BW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Financial instruments

4. Debtors

	2021	2020
	£	£
Other debtors	100	100
	----	----

5. Creditors: amounts falling due after more than one year

	2021	2020
	£	£
Other creditors	3,203	3,203
	-------	-------

6. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2021
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr R K Sharma	( 338)	–	( 338)
	----	----	----

	2020
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr R K Sharma	( 238)	( 100)	( 338)
	----	----	----

7. Related party transactions

The company was under the control of Mr R K Sharma throughout the current and previous year. Mr R K Sharma is the managing director and majority shareholder.