FIRNAS AIRWAYS LTD,Ltd - AccountsLtd - Accounts

FIRNAS AIRWAYS LTD,Ltd - AccountsLtd - Accounts

FIRNAS PRIVATE LIMITED - Company Information

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2016-06-01 09035593 2017-05-31 09035593 2016-06-01 2017-05-31 09035593 uk-core:WithinOneYear 2017-05-31 09035593 uk-core:AfterOneYear 2017-05-31 09035593 uk-core:ShareCapital 2017-05-31 09035593 uk-core:RetainedEarningsAccumulatedLosses 2017-05-31 09035593 uk-bus:Director1 2016-06-01 2017-05-31 09035593 uk-core:ComputerEquipment 2016-06-01 2017-05-31 iso4217:GBP 09035593 uk-bus:AuditExempt-NoAccountantsReport 2016-06-01 2017-05-31 09035593 uk-bus:FRS102 2016-06-01 2017-05-31 09035593 uk-bus:FullAccounts 2016-06-01 2017-05-31 09035593 uk-bus:PrivateLimitedCompanyLtd 2016-06-01 2017-05-31
FIRNAS AIRWAYS LTD
Registered Number:09035593
For the year ended 31 May 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2017
FIRNAS AIRWAYS LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 May 2017
FIRNAS AIRWAYS LTD
Statement of Financial Position
Registered Number :
09035593
£
2017
Notes
Fixed assets
Property, plant and equipment
5,782
2
5,782
Trade and other payables: amounts falling due within one year
(63,983)
3
(63,983)
Net current liabilities
Total assets less current liabilities
(58,201)
Trade and other payables: amounts falling due after more than one
year
(248,584)
4
(306,785)
Net assets/liabilities
Capital and reserves
Called up share capital
100
Retained earnings
(306,885)
(306,785)
Shareholders' funds
For the year ended 31 May 2017 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 of its financial statements for the year ended 31 May 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and
which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable
to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
MR KAZI MOHAMMED SAFIQUR RAHMAN Director
These financial statements were approved and authorised for issue by the Board on 16 February 2018 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 May 2017
FIRNAS AIRWAYS LTD
Notes to the Financial Statements
Statutory Information
FIRNAS AIRWAYS LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number
09035593.
Registered address:
255 COMMERCIAL ROAD
LONDON
E1 2BT
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
15% Reducing balance
Computer Equipment
2. Property, plant and equipment
Computer
Equipment
£
Cost or valuation
6,845
Additions
At 31 May 2017
6,845
Provision for depreciation and impairment
Charge for year
1,063
At 31 May 2017
1,063
At 31 May 2017
Net book value
5,782
3. Trade and other payables: amounts falling due within one year
2017
£
Accruals and deferred income
10,584
Other creditors
53,399
63,983
2 of 3
5
For the year ended 31 May 2017
FIRNAS AIRWAYS LTD
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due after more than one year
2017
£
248,584
Directors' current accounts
3 of 3