Company Registration No. 09190227 (England and Wales)
Fab Maintenance Ltd
Unaudited accounts
for the year ended 31 August 2023
Fab Maintenance Ltd
Unaudited accounts
Contents
Fab Maintenance Ltd
Company Information
for the year ended 31 August 2023
Director
Francis Appiah Boakye
Company Number
09190227 (England and Wales)
Registered Office
4 Old Park Lane
London
W1K 1QW
Fab Maintenance Ltd
Accountants' report
Accountants' report to the director of Fab Maintenance Ltd on the preparation of the unaudited statutory accounts for the year ended 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Fab Maintenance Ltd for the year ended
31 August 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Fab Maintenance Ltd, as a body, in accordance with the terms of our engagement letter dated 10 July 2016. Our work has been undertaken solely to prepare for your approval the accounts of Fab Maintenance Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fab Maintenance Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Fab Maintenance Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Fab Maintenance Ltd. You consider that Fab Maintenance 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 accounts of Fab Maintenance 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 accounts.
Fab Maintenance Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
39,615
4,650
Cash at bank and in hand
167,072
170,912
Creditors: amounts falling due within one year
(79,129)
(42,108)
Net current assets
153,153
377,654
Total assets less current liabilities
192,768
382,304
Creditors: amounts falling due after more than one year
(12,400)
(65,102)
Provisions for liabilities
Other provisions
-
(202,000)
Net assets
180,368
115,202
Called up share capital
2
2
Profit and loss account
180,366
115,200
Shareholders' funds
180,368
115,202
For the year ending 31 August 2023 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 director acknowledges his 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 and authorised for issue on 21 October 2023 and were signed on its behalf by
Francis Appiah Boakye
Director
Company Registration No. 09190227
Fab Maintenance Ltd
Notes to the Accounts
for the year ended 31 August 2023
Fab Maintenance Ltd is a private company, limited by shares, registered in England and Wales, registration number 09190227. The registered office is 4 Old Park Lane, London, W1K 1QW .
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:
No depreciation on Plant & machinery for the first year
Depreciation on motor vehicle is 25%
Plant & machinery
Plant & machinery are charge @ 20% on straight line basis
Motor vehicles
Motor vehicles@ 25% on straight line basis
Fixtures & fittings
Office Furniture & Fixtures are Charge @ 20 % on straight line Basis
Computer equipment
IT & Computers are Charge @ 25% on straight line Basis
4
Tangible fixed assets
Computer equipment
At 1 September 2022
10,110
Charge for the year
12,855
Fab Maintenance Ltd
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
36,111
42,108
Taxes and social security
20,163
-
Proposed dividends
22,855
-
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
12,400
65,102
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
9
Average number of employees
During the year the average number of employees was 4 (2022: 6).