Company Registration No. 05864245 (England and Wales)
FPL Outsource Ltd
Unaudited accounts
for the year ended 31 December 2017
FPL Outsource Ltd
Unaudited accounts
Contents
FPL Outsource Ltd
Company Information
for the year ended 31 December 2017
Directors
Owen Turgoose
Lusitha Ramachandra
Company Number
05864245 (England and Wales)
Registered Office
Suite 1.17
3 Watchmoor Park
Camberley
GU15 3YL
England
Accountants
Suzanne Newnes-Smith, SNS Consultancy Ltd
Woodford Lodge
Ramsden Road
Godalming
Surrey
GU7 1QE
FPL Outsource Ltd
Statement of financial position
as at 31 December 2017
Intangible assets
33,076
66,152
Cash at bank and in hand
43,040
33,039
Creditors: amounts falling due within one year
(92,383)
(25,593)
Net current assets
7,476
54,759
Called up share capital
100
100
Profit and loss account
82,067
120,811
Shareholders' funds
82,167
120,911
For the year ending 31 December 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 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.
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.
Approved by the Board on 23 April 2018.
Owen Turgoose
Director
Company Registration No. 05864245
FPL Outsource Ltd
Notes to the Accounts
for the year ended 31 December 2017
FPL Outsource Ltd is a private company, limited by shares, registered in England and Wales, registration number 05864245. The registered office is Suite 1.17, 3 Watchmoor Park, Camberley, GU15 3YL, England.
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
33% on Cost
Computer equipment
20% on Cost
Intangible fixed assets of Mobile App and Website development are included at cost less accumulated amortisation. Amortisation is 33% on Cost
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Intangible fixed assets
Other
At 31 December 2017
266,760
Charge for the year
33,076
At 31 December 2017
233,684
At 31 December 2017
33,076
At 31 December 2016
66,152
FPL Outsource Ltd
Notes to the Accounts
for the year ended 31 December 2017
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2017
23,096
-
23,096
Additions
40,000
2,019
42,019
At 31 December 2017
63,096
2,019
65,115
At 1 January 2017
23,096
-
23,096
Charge for the year
-
404
404
At 31 December 2017
23,096
404
23,500
At 31 December 2017
40,000
1,615
41,615
Trade debtors
56,321
47,213
Accrued income and prepayments
498
-
7
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
-
1,711
Trade creditors
26,110
5,224
Taxes and social security
56,264
17,368
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Average number of employees
During the year the average number of employees was 1 (2016: 0).
