ENCOMPASS FINANCIAL SERVICES LTD.

ENCOMPASS FINANCIAL SERVICES LTD.

ENCOMPASS FINANCIAL SERVICES LTD. - Company Information

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ENCOMPASS FINANCIAL SERVICES LTD.

Company Registration Number:
SC391267 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

ENCOMPASS FINANCIAL SERVICES LTD.

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

ENCOMPASS FINANCIAL SERVICES LTD.

Balance sheet

As at 31 March 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 1,771 1,620
Total fixed assets: 1,771 1,620
Current assets
Debtors: 4 11,827 6,885
Cash at bank and in hand: 32,847 29,430
Total current assets: 44,674 36,315
Creditors: amounts falling due within one year: 5 (3,161) (36,766)
Net current assets (liabilities): 41,513 (451)
Total assets less current liabilities: 43,284 1,169
Creditors: amounts falling due after more than one year: 6 (30,546) 0
Provision for liabilities: (470) (320)
Total net assets (liabilities): 12,268 849
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 12,267 848
Shareholders funds: 12,268 849

The notes form part of these financial statements

ENCOMPASS FINANCIAL SERVICES LTD.

Balance sheet statements

For the year ending 31 March 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 December 2018
and signed on behalf of the board by:

Name: C Shaw
Status: Director

The notes form part of these financial statements

ENCOMPASS FINANCIAL SERVICES LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable , excluding discounts, rebates, value added tax and other sales taxes .

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful lifePlant & machinery -25% on reducing balance

Other accounting policies

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date

ENCOMPASS FINANCIAL SERVICES LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Employees

2018 2017
Average number of employees during the period 1 1

ENCOMPASS FINANCIAL SERVICES LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Tangible Assets

Total
Cost £
At 01 April 2017 3,509
Additions 741
At 31 March 2018 4,250
Depreciation
At 01 April 2017 1,889
Charge for year 590
At 31 March 2018 2,479
Net book value
At 31 March 2018 1,771
At 31 March 2017 1,620

ENCOMPASS FINANCIAL SERVICES LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2018

4. Debtors

2018 2017
££
Debtors due after more than one year: 0 0

ENCOMPASS FINANCIAL SERVICES LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2018

5. Creditors: amounts falling due within one year note

Total due £3161 made up as follows: Taxation & social security £2714 Other creditors £447

ENCOMPASS FINANCIAL SERVICES LTD.

Notes to the Financial Statements

for the Period Ended 31 March 2018

6. Creditors: amounts falling due after more than one year note

Total due of £30546 is in respect of other creditors