Farpower Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02085612 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 March 2018

for

Farpower Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms M A Mason

Ms D M Meade

SECRETARY:

Neil Douglas Block Management Ltd

REGISTERED OFFICE:

The Dutch Barn

Manor Farm Courtyard

Manor Road

Rowsham

HP22 4QP

REGISTERED NUMBER:

02085612 (England and Wales)

ACCOUNTANTS:

Jacksons Accountants (Ascot) Limited

The Old Bakehouse

Course Road

Ascot

Berkshire

SL5 7HL

CURRENT ASSETS

Debtors

3

3,483

1,463

Cash at bank

9,367

6,954

12,850

8,417

CREDITORS

Amounts falling due within one year

4

1,243

480

NET CURRENT ASSETS

11,607

7,937

TOTAL ASSETS LESS CURRENT LIABILITIES

11,607

7,937

PROVISIONS FOR LIABILITIES

1,000

1,000

NET ASSETS

10,607

6,937

CAPITAL AND RESERVES

Called up share capital

8

8

Retained earnings

10,599

6,929

SHAREHOLDERS' FUNDS

10,607

6,937

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 17 December 2018 and were signed on its behalf by:

Ms D M Meade - Director

1.	STATUTORY INFORMATION

Farpower Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

Turnover represents service charges levied on residents base on budgeted expenditure for the year. This

company is not registered for VAT.

Taxation

The company is a non-profit making enterprise and surpluses or deficits arising as a result of differences between

service charges levied (based on estimated costs) and actual costs incurred do not fall within the scope of

corporation tax. Tax is payable on investment income only.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Service charge debtors

2,330

1,463

Prepayments

1,153

-

3,483

1,463

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Service charges received in advance

720

200

Other creditors

-

15

Accrued expenses

523

265

1,243

480