Future Street (Plymouth) Limited
Future Street (Plymouth) Limited
Unaudited Financial Statements
For the Period 11 May 2017 to 30 April 2018
Future Street (Plymouth) Limited
Unaudited Financial Statements
For the Period 11 May 2017 to 30 April 2018
Unaudited Financial Statements
Contents | |
Page | |
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Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—4 |
Future Street (Plymouth) Limited
Balance Sheet
As at
30 April 2018
Balance Sheet
Registered number:
10764827
For the period ending 30 April 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Period to 30 April 2018 | |||
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Notes | £ | £ | |
FIXED ASSETS | |||
Tangible Assets | 3 |
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CURRENT ASSETS | |||
Debtors | 4 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 5 |
( |
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NET CURRENT ASSETS (LIABILITIES) |
( |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
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Creditors: Amounts Falling Due After More Than One Year | 6 |
( |
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NET ASSETS |
( |
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CAPITAL AND RESERVES | |||
Called up share capital | 7 |
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Profit and Loss Account |
( |
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SHAREHOLDERS' FUNDS | (103,993) | ||
Page 1
Future Street (Plymouth) Limited
Balance Sheet (continued)
As at
30 April 2018
Directors' responsibilities:
-
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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Future Street (Plymouth) Limited
Notes to the Financial Statements
For the Period 11 May 2017 to 30 April 2018
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment |
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2.
Average Number of Employees
The average number of employees, including directors, during the period of account was 2.
3.
Tangible Assets
Computer Equipment | |
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£ | |
Cost | |
As at |
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Additions |
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As at |
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Depreciation | |
As at |
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Provided during the period |
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As at |
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Net Book Value | |
As at |
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As at |
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4.
Debtors
Period to 30 April 2018 | |
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£ | |
Due within one year | |
Prepayments and accrued income |
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VAT |
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Page 3
Future Street (Plymouth) Limited
Notes to the Financial Statements (continued)
For the Period 11 May 2017 to 30 April 2018
5.
Creditors: Amounts Falling Due Within One Year
Period to 30 April 2018 | |
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£ | |
Trade creditors |
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Other taxes and social security |
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Accruals and deferred income |
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6.
Creditors: Amounts Falling Due After More Than One Year
Period to 30 April 2018 | |
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£ | |
Directors loan account |
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Amounts owing to the directors are unsecured and repayable by 1 June 2019. Interest is paid annually on amounts due to the directors at 10%.
8.
Change of Name
On 5 October 2018, the company's name was changed from Future Street Limited to Future Street (Plymouth) Limited.
9.
General Information
Future Street (Plymouth) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10764827 . The registered office is 1 Love Lane, Petersfield, Hampshire, GU31 4BU.
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