Free Spirit (UK) Limited Small abridged accounts
Free Spirit (UK) Limited Small abridged accounts
Statement of Consent to Prepare Abridged Financial Statements |
COMPANY REGISTRATION NUMBER:
04623345
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Abridged Financial Statements |
Year ended 31 March 2018
Contents |
Page |
Abridged statement of financial position |
1 |
Notes to the abridged financial statements |
3 |
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Abridged Statement of Financial Position |
2018 |
2017 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Debtors |
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Cash at bank and in hand |
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------- |
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Creditors: amounts falling due within one year |
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Net current assets/(liabilities) |
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(
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---- |
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Total assets less current liabilities |
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---- |
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Net assets |
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---- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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---- |
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Members funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
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Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
15 July 2018
, and are signed on behalf of the board by:
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Director |
Director |
Company registration number:
04623345
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Notes to the Abridged Financial Statements |
Year ended 31 March 2018
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 107 High Mount Street, Hednesford, Cannock, Staffs, WS12 4BN.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment |
- |
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Impairment of fixed assets
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year, including the directors, amounted to
2
(2017:
4
).
5.
Tangible assets
£ |
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Cost |
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At 1 April 2017 |
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Disposals |
(
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At 31 March 2018 |
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-------- |
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Depreciation |
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At 1 April 2017 |
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Charge for the year |
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Disposals |
(
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At 31 March 2018 |
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Carrying amount |
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At 31 March 2018 |
147 |
-------- |
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At 31 March 2017 |
560 |
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6.
Directors' advances, credits and guarantees
All movements on directors' advances, credits and guarantees were as would be expected under normal market conditions, not material in terms of risk or benefits arising and would therefore not influence the users of these accounts when assessing the financial position of the company. (Section 410A)
7.
Related party transactions
No transactions with related parties were undertaken such as are required to be disclosed under FRS102