Company registration number:
05185572
Finance One Limited
Unaudited filleted financial statements
31 December 2018
Finance One Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Finance One Limited
Directors and other information
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Directors
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Mr D Bradbury
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Mrs N Bradbury
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Secretary
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D Bradbury
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Company number
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05185572
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Registered office
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Unit 24
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Ongar Business Centre
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The Gables
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Ongar
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CM5 0GA
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Business address
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Unit 24
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Ongar Business Centre
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The Gables
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Ongar
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CM5 0GA
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Accountants
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FB Accountancy Services Ltd
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16 Heronsgate Trading Estate
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Paycocke Road
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Basildon
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Essex
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SS14 3EU
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Finance One Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Finance One Limited
Year ended 31 December 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Finance One Limited for the year ended 31 December 2018 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of Finance One Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Finance One Limited and state those matters that we have agreed to state to the board of directors of Finance One Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Finance One Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Finance One 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 Finance One Limited. You consider that Finance One 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 Finance One 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.
FB Accountancy Services Ltd
Chartered Certified Accountants
16 Heronsgate Trading Estate
Paycocke Road
Basildon
Essex
SS14 3EU
27 August 2019
Finance One Limited
Statement of financial position
31 December 2018
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2018
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2017
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£
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£
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£
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£
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Fixed assets
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6,803
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4,235
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_______
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_______
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Current assets
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29,649
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23,991
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Prepayments and accrued income
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1,627
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2,410
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31,276
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26,401
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Creditors: amounts falling due within one year
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(
27,552)
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(
27,984)
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_______
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_______
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Net current assets/(liabilities)
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3,724
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(
1,583)
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_______
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Total assets less current liabilities
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10,527
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2,652
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_______
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Net assets
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10,527
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2,652
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Capital and reserves
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10,527
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2,652
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Notes to the financial statements
Finance One Limited
Year ended 31 December 2018
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2017:
5
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2.
Directors advances, credits and guarantees
The directors have an interest free loan account with the company, which is repayable on demand. At 31 December 2018 the company owed the directors £392 (2017: The directors owed the company £3, 551).
For the year ending 31 December 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
27 August 2019
, and are signed on behalf of the board by:
Mr D Bradbury
Director
Company registration number:
05185572
The company is a private company limited by shares, registered in England and Wales.