Frank L. Ross (Insurance Brokers) Ltd - Accounts to registrar (filleted) - small 18.2
Frank L. Ross (Insurance Brokers) Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 NOVEMBER 2016 TO 29 OCTOBER 2017 |
FOR |
FRANK L. ROSS (INSURANCE BROKERS) |
LIMITED |
FRANK L. ROSS (INSURANCE BROKERS) |
LIMITED (REGISTERED NUMBER: 00941267) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the period 1 November 2016 to 29 October 2017 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
FRANK L. ROSS (INSURANCE BROKERS) |
LIMITED |
COMPANY INFORMATION |
for the period 1 November 2016 to 29 October 2017 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
19-20 Bourne Court |
Southend Road |
Woodford Green |
Essex |
IG8 8HD |
FRANK L. ROSS (INSURANCE BROKERS) |
LIMITED (REGISTERED NUMBER: 00941267) |
ABRIDGED BALANCE SHEET |
29 October 2017 |
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
PROVISIONS FOR LIABILITIES |
NET ASSETS/(LIABILITIES) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps 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 Sections 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. |
FRANK L. ROSS (INSURANCE BROKERS) |
LIMITED (REGISTERED NUMBER: 00941267) |
ABRIDGED BALANCE SHEET - continued |
29 October 2017 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director on |
FRANK L. ROSS (INSURANCE BROKERS) |
LIMITED (REGISTERED NUMBER: 00941267) |
NOTES TO THE FINANCIAL STATEMENTS |
for the period 1 November 2016 to 29 October 2017 |
1. | STATUTORY INFORMATION |
Frank L. Ross (Insurance Brokers) Limited is a |
Wales. The company's registered number and registered office address can be found on the Company |
Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The accounts have been prepared on a going concern basis as the director is of the opinion that the company will |
meet its liabilities as and when due. |
First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A |
These financial statements for the period ended 29 October 2017 are the first that are prepared in accordance |
with FRS 102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the |
date of transition to FRS 102 Section 1A is 1 November 2015. |
Turnover |
Turnover represents gross fees receivable. |
Tangible fixed assets |
Improvements to property | - |
Fixtures and fittings | - |
Computer equipment | - |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the |
timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
FRANK L. ROSS (INSURANCE BROKERS) |
LIMITED (REGISTERED NUMBER: 00941267) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 1 November 2016 to 29 October 2017 |
2. | ACCOUNTING POLICIES - continued |
Short term debtors and creditors |
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising |
from impairment are recognised in the profit and loss account. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 November 2016 |
and 29 October 2017 |
DEPRECIATION |
At 1 November 2016 |
Charge for period |
At 29 October 2017 |
NET BOOK VALUE |
At 29 October 2017 |
At 31 October 2016 |
5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the period ended 29 October 2017 and the year |
ended 31 October 2016: |
2017 | 2016 |
£ | £ |
Balance outstanding at start of period | ( |
) | ( |
) |
Amounts advanced |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period | ( |
) |