Company Registration No. 06505321 (England and Wales)
F.K.S (UK) LIMITED
Unaudited accounts
for the year ended 31 August 2020
F.K.S (UK) LIMITED
Unaudited accounts
Contents
F.K.S (UK) LIMITED
Company Information
for the year ended 31 August 2020
Directors
Mr F Sinker
Mrs K Sinker
Company Number
06505321 (England and Wales)
Registered Office
BEECH HOUSE, 23 LADIES LANE
HINDLEY
WIGAN
WN2 2QA
Accountants
P A Hull & Co
Beech House
23 Ladies Lane
Hindley, Wigan
Lancashire
WN2 2QA
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of F.K.S (UK) LIMITED for the year ended 31 August 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
F.K.S (UK) LIMITED for the year ended
31 August 2020 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
P A Hull & Co
Chartered Accountants
Beech House
23 Ladies Lane
Hindley, Wigan
Lancashire
WN2 2QA
24 August 2021
F.K.S (UK) LIMITED
Statement of financial position
as at 31 August 2020
Tangible assets
186,829
207,319
Cash at bank and in hand
(10,240)
25,594
Creditors: amounts falling due within one year
(104,588)
(145,100)
Net current assets/(liabilities)
60,120
(42,964)
Total assets less current liabilities
246,949
164,355
Creditors: amounts falling due after more than one year
(64,799)
(26,746)
Provisions for liabilities
Deferred tax
(34,056)
(37,837)
Called up share capital
2
2
Profit and loss account
148,092
99,770
Shareholders' funds
148,094
99,772
For the year ending 31 August 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 25 August 2021 and were signed on its behalf by
Mr F Sinker
Director
Company Registration No. 06505321
F.K.S (UK) LIMITED
Notes to the Accounts
for the year ended 31 August 2020
F.K.S (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06505321. The registered office is BEECH HOUSE, 23 LADIES LANE, HINDLEY, WIGAN, WN2 2QA.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
F.K.S (UK) LIMITED
Notes to the Accounts
for the year ended 31 August 2020
4
Tangible fixed assets
Total
At 1 September 2019
589,441
At 1 September 2019
382,122
Charge for the year
60,396
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
6
Average number of employees
During the year the average number of employees was 9 (2019: 9).
