Company Registration No. 08854253 (England and Wales)
EDM FACILITIES MANAGEMENT LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2015
EDM FACILITIES MANAGEMENT LTD
CONTENTS
Page
Accountants' report
1
Abbreviated balance sheet
2
Notes to the abbreviated accounts
3
EDM FACILITIES MANAGEMENT LTD
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF EDM FACILITIES MANAGEMENT LTD FOR THE PERIOD ENDED 31 JANUARY 2015
- 1 -
The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 3 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 EDM Facilities Management Ltd for the period ended 31 January 2015 set out on pages 3 to 6 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, we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.
This report is made solely to the Board of Directors of EDM Facilities Management Ltd, as a body, in accordance with the terms of our engagement letter dated 28 January 2015. Our work has been undertaken solely to prepare for your approval the financial statements of EDM Facilities Management Ltd and state those matters that we have agreed to state to the Board of Directors of EDM Facilities Management Ltd, as a body, 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 EDM Facilities Management Ltd and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that EDM Facilities Management 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 loss of EDM Facilities Management Ltd. You consider that EDM Facilities Management Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the financial statements of EDM Facilities Management 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.
Trevor Jones & Co
20 November 2015
Chartered Accountants
Old Bank Chambers
582-586 Kingsbury Road
Erdington
Birmingham
B24 9ND
EDM FACILITIES MANAGEMENT LTD
ABBREVIATED BALANCE SHEET
AS AT
31 JANUARY 2015
31 January 2015
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2015
Notes
£
£
Current assets
Debtors
7,564
Cash at bank and in hand
134
7,698
Creditors: amounts falling due within one year
(9,176)
Total assets less current liabilities
(1,478)
Capital and reserves
Called up share capital
2
1
Profit and loss account
(1,479)
Shareholder's funds
(1,478)
For the financial period ended 31 January 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
-
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 20 November 2015
Miss C E Thomas
Director
Company Registration No. 08854253
EDM FACILITIES MANAGEMENT LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 JANUARY 2015
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1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The director considers it appropriate for the company to be dealt with on the basis that it is a going concern as she pledges her continued support to the company for the foreseeable future.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable services provided during the accounting period net of VAT.
1.4
Period of financial statements
These financial statements cover the period from incorporation on 21 January 2014 to 31 January 2015, even though trading did not commence until July 2014.
2
Share capital
2015
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
On incorporation the company issued one ordinary £1 share for it's par value.
3
Related party relationships and transactions
Transactions in relation to loans with directors during the period are outlined in the table below:
Description
% Rate
Opening Balance
Amounts Advanced
Interest Charged
Amounts Repaid
Closing Balance
£
£
£
£
£
Loan
-
-
21,134
-
16,690
4,444
-
21,134
-
16,690
4,444