Company Registration No. 07517685 (England and Wales)
FUNDRAISING SUPPORT LTD
Unaudited accounts
for the year ended 29 February 2020
FUNDRAISING SUPPORT LTD
Unaudited accounts
Contents
FUNDRAISING SUPPORT LTD
Company Information
for the year ended 29 February 2020
Directors
Alma Dovydaitiene
Nerijus Dovydaitis
Company Number
07517685 (England and Wales)
Registered Office
UNIT 1 TULKETH INDUSTRIAL ESTATE
KENYON LANE
MANCHESTER
M40 9LY
UK
Accountants
Giedre Simkus t/a LT EX
14 Hendon road
Manchester
M9 6WE
FUNDRAISING SUPPORT LTD
Statement of financial position
as at
29 February 2020
Tangible assets
57,530
75,763
Inventories
114,353
140,000
Cash at bank and in hand
47,949
20,883
Creditors: amounts falling due within one year
(60,987)
(72,679)
Net current assets
217,153
240,753
Net assets
274,683
316,516
Called up share capital
100
100
Profit and loss account
274,583
316,416
Shareholders' funds
274,683
316,516
For the year ending 29 February 2020 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2020 and were signed on its behalf by
Alma Dovydaitiene
Director
Company Registration No. 07517685
FUNDRAISING SUPPORT LTD
Notes to the Accounts
for the year ended 29 February 2020
FUNDRAISING SUPPORT LTD is a private company, limited by shares, registered in England and Wales, registration number 07517685. The registered office is UNIT 1 TULKETH INDUSTRIAL ESTATE, KENYON LANE, MANCHESTER, M40 9LY, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
FUNDRAISING SUPPORT LTD
Notes to the Accounts
for the year ended 29 February 2020
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2019
73,400
39,423
112,823
Additions
2,854
644
3,498
Disposals
(3,750)
-
(3,750)
At 29 February 2020
72,504
40,067
112,571
At 1 March 2019
20,746
16,314
37,060
Charge for the year
13,070
5,939
19,009
On disposals
(1,028)
-
(1,028)
At 29 February 2020
32,788
22,253
55,041
At 29 February 2020
39,716
17,814
57,530
At 28 February 2019
52,654
23,109
75,763
Finished goods
114,353
140,000
Trade debtors
83,658
38,568
Accrued income and prepayments
-
4,097
Other debtors
32,180
109,884
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Creditors: amounts falling due within one year
2020
2019
Trade creditors
60,987
55,387
Taxes and social security
-
11,998
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Average number of employees
During the year the average number of employees was 30 (2019: 41).