|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FIVE FIFTY EIGHT LTD |
|
Unaudited Financial Statements |
|
for the Year Ended 31 March 2017 |
|
|
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FIVE FIFTY EIGHT LTD |
|
Unaudited Financial Statements |
|
for the Year Ended 31 March 2017 |
|
|
|
|
|
FIVE FIFTY EIGHT LTD (REGISTERED NUMBER: 07583958) |
|
Contents of the Financial Statements |
for the year ended 31 March 2017 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Chartered Certified Accountants' Report | 2 |
|
Statement of Financial Position | 3 | to | 4 |
|
Notes to the Financial Statements | 5 | to | 6 |
|
FIVE FIFTY EIGHT LTD |
|
Company Information |
for the year ended 31 March 2017 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Certified Accountants |
Britannia Court |
5 Moor Street |
WORCESTER |
WR1 3DB |
Chartered Certified Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Five Fifty Eight Ltd |
|
|
The following reproduces the text of the report prepared for the directors and members in respect of the |
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the |
company is only required to file a Statement of Financial Position. Readers are cautioned that the |
Income Statement and certain other primary statements and the Report of the Directors are not |
required to be filed with the Registrar of Companies. |
|
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval |
the financial statements of Five Fifty Eight Ltd for the year ended 31 March 2017 which comprise the Income |
Statement, Statement of Financial Position 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
|
This report is made solely to the Board of Directors of Five Fifty Eight Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Five Fifty Eight Ltd and state those matters that we have agreed to state to the Board of Directors of Five Fifty Eight Ltd, 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/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
|
It is your duty to ensure that Five Fifty Eight Ltd 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 Five Fifty Eight Ltd. You consider that Five Fifty Eight Ltd 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 Five Fifty Eight Ltd. 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 Certified Accountants |
Britannia Court |
5 Moor Street |
WORCESTER |
WR1 3DB |
|
|
|
FIVE FIFTY EIGHT LTD (REGISTERED NUMBER: 07583958) |
|
Statement of Financial Position |
31 March 2017 |
|
2017 | 2016 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 5 |
|
|
NET CURRENT ASSETS/(LIABILITIES) |
|
( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
( |
) |
|
CAPITAL AND RESERVES |
Called up share capital | 6 |
|
|
Retained earnings | 7 |
|
( |
) |
SHAREHOLDERS' FUNDS |
|
( |
) |
FIVE FIFTY EIGHT LTD (REGISTERED NUMBER: 07583958) |
|
Statement of Financial Position - continued |
31 March 2017 |
|
|
|
|
|
|
The directors acknowledge their 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. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the Board of Directors on
behalf by: |
|
|
|
|
|
|
|
FIVE FIFTY EIGHT LTD (REGISTERED NUMBER: 07583958) |
|
Notes to the Financial Statements |
for the year ended 31 March 2017 |
|
|
1. | STATUTORY INFORMATION |
|
Five Fifty Eight Ltd is a
|
company's registered number and registered office address can be found on the Company Information |
page. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
rebates, value added tax and other sales taxes. |
|
Going concern |
The financial statements have been prepared on a going concern basis and no material uncertainties |
exist that impact on the company's ability to trade. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Other debtors |
|
|
|
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Tax |
|
|
Net wages | 1,442 | - |
Directors' loan accounts | 323 | 3,324 |
Accrued expenses |
|
|
|
|
FIVE FIFTY EIGHT LTD (REGISTERED NUMBER: 07583958) |
|
Notes to the Financial Statements - continued |
for the year ended 31 March 2017 |
|
|
6. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2017 | 2016 |
value: | £ | £ |
|
ORDINARY | £1 | 2 | 1 |
|
|
|
7. | RESERVES |
Retained |
earnings |
£ |
|
At 1 April 2016 | ( |
) |
Profit for the year |
|
Dividends | ( |
) |
At 31 March 2017 |
|
|
8. | RELATED PARTY DISCLOSURES |
|
During the year, total dividends of £9,000 were paid to the directors . |
|
9. | FIRST YEAR ADOPTION |
|
First Year of Adoption – Freeform note – Add the following |
The Company has transitioned to FRS 102 from previously being prepared under the historical cost |
convention and in accordance with the Financial Reporting Standards for Smaller Entities (effective |
January 2015) as at 1st January 2015. |
|
Reconciliation of equity |
No transitional adjustments were required. |
|
Reconciliation of profit or loss for the year |
No transitional adjustments were required. |
|