REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FDS MAINTENANCE LIMITED |
|
Financial Statements for the Period 15 May 2020 to 30 September 2021 |
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FDS MAINTENANCE LIMITED |
|
Financial Statements for the Period 15 May 2020 to 30 September 2021 |
|
|
|
|
|
FDS MAINTENANCE LIMITED (REGISTERED NUMBER: 12603779) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the period 15 May 2020 to 30 September 2021 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 |
|
FDS MAINTENANCE LIMITED |
|
Company Information |
for the period 15 May 2020 to 30 September 2021 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
AUDITORS: |
|
Chartered Accountants and Statutory Auditors |
Nightingale House |
46-48 East Street |
Epsom |
Surrey |
KT17 1HQ |
FDS MAINTENANCE LIMITED (REGISTERED NUMBER: 12603779) |
|
Balance Sheet |
30 September 2021 |
|
Notes | £ |
CURRENT ASSETS |
Debtors | 4 |
|
Cash at bank |
|
|
CREDITORS |
Amounts falling due within one year | 5 |
|
NET CURRENT ASSETS |
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
Retained earnings | 6 |
|
|
|
|
|
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 and authorised for issue on
|
|
|
|
|
|
|
|
FDS MAINTENANCE LIMITED (REGISTERED NUMBER: 12603779) |
|
Notes to the Financial Statements |
for the period 15 May 2020 to 30 September 2021 |
|
1. | STATUTORY INFORMATION |
|
FDS Maintenance Limited is a private company limited by shares, incorporated and domiciled in England and Wales, registration number 12603779. The registered office is 152-154 London Road, Greenhithe, Dartford, Kent, DA9 9JW. |
|
The principal activity of the company is that of the servicing and maintenance of fire prevention systems. |
|
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. |
|
TAXATION |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
|
Current or deferred taxation assets and liabilities are not discounted. |
|
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
|
DEFERRED TAX |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
|
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
|
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
|
FOREIGN CURRENCIES |
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
|
HIRE PURCHASE AND LEASING COMMITMENTS |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
|
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
FDS MAINTENANCE LIMITED (REGISTERED NUMBER: 12603779) |
|
Notes to the Financial Statements - continued |
for the period 15 May 2020 to 30 September 2021 |
|
2. | ACCOUNTING POLICIES - continued |
|
FINANCIAL INSTRUMENTS |
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. |
|
(i) Financial assets |
|
Basic financial assets, including trade and other receivables, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. |
|
Such assets are subsequently carried at amortised cost using the effective interest method. |
|
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss. |
|
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss. |
|
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party, or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. |
|
(ii) Financial Liabilities |
|
Basic financial liabilities, including trade and other payables, loans from fellow group companies that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. |
|
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. |
|
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the period was
|
|
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
|
Other debtors |
|
|
FDS MAINTENANCE LIMITED (REGISTERED NUMBER: 12603779) |
|
Notes to the Financial Statements - continued |
for the period 15 May 2020 to 30 September 2021 |
|
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
|
Amounts owed to group undertakings |
|
Taxation and social security |
|
Other creditors |
|
|
|
6. | RESERVES |
Retained |
earnings |
£ |
|
Profit for the period |
|
At 30 September 2021 |
|
|
7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
|
The Report of the Auditors was unqualified. |
|
|
for and on behalf of
|
|
8. | PENSION COMMITMENTS |
|
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £1,158 |
FDS MAINTENANCE LIMITED (REGISTERED NUMBER: 12603779) |
|
Notes to the Financial Statements - continued |
for the period 15 May 2020 to 30 September 2021 |
|
9. | RELATED PARTY DISCLOSURES |
|
During the year the company entered into the following transactions with related parties: |
|
|
Purchases
from related party |
Sales to related party |
|
2021 | 2021 |
|
Fire Design Solutions Limited | 1,454 | - |
1,454 | - |
|
|
Amounts
owed to related party |
Amounts
owed by related party |
|
2021 | 2021 |
|
GSAR Group Holdings Limited | 12,107 | - |
12,107 | - |
|
|
|
GSAR Group Holdings Limited is the ultimate parent company of FDS Contracting Limited, via FDS Group Holdings Limited. Fire Design Solutions Limited is a fellow subsidiary of GSAR Group Holdings Limited. |
|
All loans are interest fee and payable on demand. |
|
10. | FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES |
|
In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements. |
|
11. | ULTIMATE PARENT COMPANY |
|
The ultimate parent company is GSAR Group Holdings Limited. |
|
Copies of the consolidated accounts can be obtained from 152-154 London Road, Greenhithe, United Kingdom, DA9 9JW. |