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

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


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COMPANY REGISTRATION NUMBER: 08001048
Bright Futures Construction Limited
Filleted Unaudited Financial Statements
31 March 2023
Bright Futures Construction Limited
Statement of Financial Position
31 March 2023
2023
2022
Note
£
£
£
Current assets
Cash at bank and in hand
936
1,045
----
-------
Net current assets
936
1,045
----
-------
Total assets less current liabilities
936
1,045
Creditors: amounts falling due after more than one year
4
5,253
5,253
-------
-------
Net liabilities
( 4,317)
( 4,208)
-------
-------
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 4,417)
( 4,308)
-------
-------
Shareholders deficit
( 4,317)
( 4,208)
-------
-------
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 2023 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 25 March 2024 , and are signed on behalf of the board by:
Dr J Telensky
Director
Company registration number: 08001048
Bright Futures Construction Limited
Notes to the Financial Statements
Year ended 31 March 2023
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. Creditors: amounts falling due after more than one year
2023
2022
£
£
Other creditors
5,253
5,253
-------
-------
5. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
Balance brought forward and outstanding
2023
2022
£
£
Mr R K Sharma
( 1,253)
----
-------
6. Related party transactions
The company was under the control of Dr Jan Telensky throughout the current and previous year. Dr Jan Telensky is the managing director and majority shareholder.