Fresh Annual Reports Limited Accounts

FRESH ANNUAL REPORTS LIMITED - Company Information






Fresh Annual Reports Limited

	Company No. 07988477
		Information for Filing with The Registrar
		31 March 2023

The Director presents his report and the accounts for the year ended 31 March 2023.

Principal activities
The principal activity of the company during the year under review was Advertising Agencies.




Director

The Director who served at any time during the year was as follows:

R. Taylor







































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

R. Taylor
Director
31 March 2023

at	31 March 2023
Company No.		07988477	Notes	2023	2022
				£	£
Fixed assets

	Tangible assets		4	-	-



Current assets

	Debtors		5	21,336	18,039

	Cash at bank and in hand			45	33
				21,381	18,072
Creditors: Amount falling due within one year			6	(19,384)	(10,783)
Net current assets				1,997	7,289
Total assets less current liabilities				1,997	7,289
Creditors: Amounts falling due after more than one year			7	(22,900)	(23,000)



Net liabilities				(20,903)	(15,711)

Capital and reserves
	Called up share capital			2	2



	Profit and loss account		9	(20,905)	(15,713)

Total equity				(20,903)	(15,711)



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 2023 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 March 2023 and signed on its behalf by:
R. Taylor
Director
31 March 2023

for the year ended 31 March 2023

General information

Fresh Annual Reports Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 07988477

Its registered office is:

1 The Courtyard

CHALVINGTON

East Sussex

BN27 3TD

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2023	2022
			Number	Number
		The average monthly number of employees (including directors) during the year was:	1	1

4	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 April 2022	542	542




		At 31 March 2023	542	542
		Depreciation
		At 1 April 2022	542	542




		At 31 March 2023	542	542
		Net book values
		At 31 March 2023	-	-
		At 31 March 2022	-	-

5	Debtors
			2023	2022
			£	£


		Corporation tax recoverable	8,769	4,528


		Loans to directors	12,567	13,511


			21,336	18,039

6	Creditors:
		amounts falling due within one year
			2023	2022
			£	£






		Taxes and social security	19,384	11,683


		Accruals and deferred income	-	(900)
			19,384	10,783

7	Creditors:
		amounts falling due after more than one year
			2023	2022
			£	£


		Other loans	22,900	23,000





			22,900	23,000

Share Capital

Ordinary £1 shs

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

10	Dividends
			2023	2022
			£	£
		Dividends for the period:
		Dividends paid in the period	27,700	-

			27,700	-

		Dividends by type:

		Equity dividends	27,700	-
			27,700	-