Faceupcymru Limited Accounts

FACEUPCYMRU LIMITED - Company Information






Faceupcymru Limited
	Company No. 05369793
		Information for Filing with The Registrar
		28 February 2017

The Directors present their report and the accounts for the year ended 28 February 2017.

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




Directors

The Directors who served at any time during the year were as follows:

P. Blackwell
K. Elcock
M. Fardy
J. Hawkins
J. Hawkins
S. Jones
J.L. Lewarne
P. Manning
J. Vlahos
C. Williams


























































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

M. Fardy
Director
04 September 2017

at	28 February 2017

Company No.		05369793	Notes	2017	2016
				£	£






Current assets

	Debtors		2	-	130

	Cash at bank and in hand			76,333	41,643
				76,333	41,773
Creditors: Amount falling due within one year			3	(933)	(350)
Net current assets				75,400	41,423
Total assets less current liabilities				75,400	41,423




Net assets				75,400	41,423

Reserves


	Income and expenditure account			75,400	41,423

Total equity				75,400	41,423


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 28 February 2017 the company was entitled to exemption 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 income and expenditure account.

Approved by the board on 04 September 2017

And signed on its behalf by:

M. Fardy
Director
04 September 2017

for the year ended 28 February 2017

Accounting policies

Basis of preparation

The accounts have been prepared in accordance with FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006 . There were no material departures from that standard.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

Turnover

Turnover represents donations, charitable sponsorship income and charitable event proceeds received during the year.

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 the surplus as reported in the income and expenditure 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in the income and expenditure account, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2	Debtors
			2017	2016
			£	£







		Prepayments and accrued income	-	130
			-	130

3	Creditors:
		amounts falling due within one year
			2017	2016
			£	£





		Corporation tax	52	-



		Accruals and deferred income	881	350
			933	350

Reserves

Income and expenditure account - includes all current and prior period retained surpluses and deficits.

Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Additional information

Its registered number is:

05369793

Its registered office is:

9 Clun Terrace

Cardiff

CF24 4RB