REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
ABBREVIATED ACCOUNTS |
|
FOR THE YEAR ENDED 31 OCTOBER 2014 |
|
FOR |
|
FPC MANAGEMENT LIMITED |
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
ABBREVIATED ACCOUNTS |
|
FOR THE YEAR ENDED 31 OCTOBER 2014 |
|
FOR |
|
FPC MANAGEMENT LIMITED |
FPC MANAGEMENT LIMITED (REGISTERED NUMBER: 04920105) |
|
|
|
|
|
|
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 OCTOBER 2014 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 |
|
Notes to the Abbreviated Accounts | 3 |
|
Chartered Accountants' Report | 4 |
FPC MANAGEMENT LIMITED |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 OCTOBER 2014 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
|
|
|
|
|
FPC MANAGEMENT LIMITED (REGISTERED NUMBER: 04920105) |
|
ABBREVIATED BALANCE SHEET |
31 OCTOBER 2014 |
|
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
|
|
|
CURRENT ASSETS |
Debtors |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one year |
|
|
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 3 |
|
|
Profit and loss account | 175,254 | 156,646 |
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. |
|
|
|
|
The financial statements were approved by the director on
|
|
|
|
|
|
|
|
FPC MANAGEMENT LIMITED (REGISTERED NUMBER: 04920105) |
|
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 OCTOBER 2014 |
|
1. | ACCOUNTING POLICIES |
|
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
Reporting Standard for Smaller Entities (effective April 2008). |
|
Turnover |
Turnover represents rents receivable. |
|
Tangible fixed assets |
Freehold property is held as investment property and in accordance with the IAS 25 no depreciation is provided in respect |
of freehold investment properties or leasehold properties having more than 20 years unexpired. This departure from the |
requirements of the Companies Act 2006, for all properties to be depreciated, is in the opinion of the directors, necessary |
for the financial statements to give a true and fair view. The open market value of the property is stated in the notes to the |
financial statements. |
|
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
|
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 November 2013 |
and 31 October 2014 |
|
NET BOOK VALUE |
At 31 October 2014 |
|
At 31 October 2013 |
|
|
3. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
|
Ordinary | £1 |
|
|
|
4. | ULTIMATE CONTROLLING PARTY |
|
Paul Santoro, a director, only owns 25% of the issued shares and therefore does not have control of the company. |
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
FPC MANAGEMENT LIMITED |
|
The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited |
financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) have been prepared. |
|
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial |
statements of FPC Management Limited for the year ended 31 October 2014 which comprise the Profit and Loss Account, the |
Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given |
us. |
|
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
|
This report is made solely to the director of FPC Management Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of FPC Management Limited and state those matters that we have agreed to state to the director of FPC Management Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
|
It is your duty to ensure that FPC Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of FPC Management Limited. You consider that FPC Management Limited is exempt from the statutory audit requirement for the year. |
|
We have not been instructed to carry out an audit or a review of the financial statements of FPC Management Limited. For this |
reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have |
given to us and we do not, therefore, express any opinion on the statutory financial statements. |
|
|
|
|
|
|
|
Chartered Accountants |
|
|
|
|
|
|
|
22 July 2015 |