Registered number: 09586753 | ||||||||
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FOR THE YEAR ENDED 31/03/2022 | ||||||||
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Prepared By: | ||||||||
Greywalls Accountants Limited | ||||||||
13 Isis Lake | ||||||||
Spine Road | ||||||||
South Cerney | ||||||||
Cirencester | ||||||||
GL7 5LT |
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Facade Design & Engineering Limited | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2022 | ||||||||
DIRECTORS | ||||||||
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REGISTERED OFFICE | ||||||||
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Wiltshire | ||||||||
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COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 09586753 | ||||||||
ACCOUNTANTS | ||||||||
Greywalls Accountants Limited | ||||||||
13 Isis Lake | ||||||||
Spine Road | ||||||||
South Cerney | ||||||||
Cirencester | ||||||||
GL7 5LT |
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Facade Design & Engineering Limited | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2022 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
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Facade Design & Engineering Limited | ||||||||
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BALANCE SHEET AT
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2022 | 2021 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
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CURRENT ASSETS | ||||||||||
Debtors | 3 |
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Cash at bank and in hand |
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2,615,615 | 2,551,143 | |||||||||
CREDITORS: Amounts falling due within one year | 4 |
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NET CURRENT ASSETS |
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2,194,535 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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PROVISIONS FOR LIABILITIES AND CHARGES | 6 |
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NET ASSETS |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 |
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Share premium account | 8 |
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Profit and loss account | 2,324,600 | 2,189,559 | ||||||||
SHAREHOLDERS' FUNDS |
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Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
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Facade Design & Engineering Limited | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2022 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
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Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. | ||||||||
Depreciation is provided on the following basis: | ||||||||
Equipment | straight line 33 % |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1d. Basis Of Accounting FRS 1021 a | ||||||||
These financial statements have been prepared in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements have been prepared under the historical cost convention. The principal accounting policies are set out in this note. |
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Facade Design & Engineering Limited | ||||||||
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1e. Taxation | ||||||||
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date. | ||||||||
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that; the recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. | ||||||||
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
1f. Turnover | ||||||||
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: | ||||||||
Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisifed; | ||||||||
- the amount of turnover can be measured reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract at the end of the reporting period can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably. |
2. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
At 01/04/2021 | 2,191 | 2,191 | ||
At 31/03/2022 | 2,191 | 2,191 | ||
Depreciation | ||||
At 01/04/2021 | 1,933 | 1,933 | ||
For the year | 253 | 253 | ||
At 31/03/2022 | 2,186 | 2,186 | ||
Net Book Amounts | ||||
At 31/03/2022 |
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5 | ||
At 31/03/2021 |
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258 | ||
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Facade Design & Engineering Limited | ||||||||
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3. DEBTORS | 2022 | 2021 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 567,998 | 2,035,997 | ||||||
Other debtors | 120,995 | 205,746 | ||||||
Directors current account | 4,106 | 297,723 | ||||||
693,099 | 2,539,466 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2022 | 2021 | |||||||
£ | £ | |||||||
UK corporation tax | 149,087 | 282,595 | ||||||
VAT | 594 | 59,092 | ||||||
PAYE control | 12,258 | 10,715 | ||||||
Trade creditors | 286 | 690 | ||||||
Other creditors | 121,610 | 1,516 | ||||||
Accruals | 2,000 | 2,000 | ||||||
285,835 | 356,608 | |||||||
5. EMPLOYEES | ||||||
2022 | 2021 | |||||
No. | No. | |||||
Average number of employees |
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8 | ||||
6. PROVISIONS FOR LIABILITIES | 2022 | 2021 | ||||||
£ | £ | |||||||
Deferred taxation | - | 49 | ||||||
- | 49 | |||||||
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Facade Design & Engineering Limited | ||||||||
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7. SHARE CAPITAL | 2022 | 2021 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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185 | 185 | ||||||
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15 | 15 | ||||||
200 | 200 | |||||||
8. SHARE PREMIUM ACCOUNT | 2022 | 2021 | ||||
£ | £ | |||||
Share premium account | 4,985 | 4,985 |
9. CONTROLLING PARTY | ||||||||
The ultimate controlling party is Mr N P Hillyard by virtue of his majority shareholding. | ||||||||
10. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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11. GENERAL INFORMATION | ||||||||
Facade Design & Engineering Limited is a private company limited by shares incorporated in England and Wales, company number 09586753. The registered office is Waters Edge, Hackthorne Road, Durrington, Salisbury, Wiltshire SP4 8AS. | ||||||||