Company Registration No. 10121661 (England and Wales)
FKAF (UK) Limited
Unaudited accounts
for the year ended 31 December 2022
FKAF (UK) Limited
Unaudited accounts
Contents
FKAF (UK) Limited
Company Information
for the year ended 31 December 2022
Directors
Giles Bradley Fry
Paul Kenneth Sheehy
Company Number
10121661 (England and Wales)
Registered Office
OFFICE 7, 35-37
LUDGATE HILL
LONDON
EC4M 7JN
UNITED KINGDOM
FKAF (UK) Limited
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
89,177
33,583
Creditors: amounts falling due within one year
(73,466)
(121,823)
Net current assets/(liabilities)
179,711
(45,895)
Total assets less current liabilities
314,565
(45,895)
Creditors: amounts falling due after more than one year
(134,854)
-
Net assets/(liabilities)
179,711
(45,895)
Called up share capital
50
2
Profit and loss account
179,661
(45,897)
Shareholders' funds
179,711
(45,895)
For the year ending 31 December 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 29 September 2023 and were signed on its behalf by
Giles Bradley Fry
Director
Company Registration No. 10121661
FKAF (UK) Limited
Notes to the Accounts
for the year ended 31 December 2022
FKAF (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 10121661. The registered office is OFFICE 7, 35-37, LUDGATE HILL, LONDON, EC4M 7JN, UNITED KINGDOM.
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.
These accounts replace the original accounts dated 30th September 2019.
These accounts are now the statutory accounts.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Intangible assets acquired as part of a business combination are recorded at the fair value at the acquisition date.
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Intangible assets - 33% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
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:
Motor vehicles
25% Reducing balance
4
Intangible fixed assets
Goodwill
Other
Total
At 1 January 2022
22,255
49,041
71,296
At 31 December 2022
22,255
49,041
71,296
At 1 January 2022
22,255
49,041
71,296
At 31 December 2022
22,255
49,041
71,296
FKAF (UK) Limited
Notes to the Accounts
for the year ended 31 December 2022
5
Tangible fixed assets
Motor vehicles
At 31 December 2022
134,854
At 31 December 2022
134,854
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
26,981
31,549
Taxes and social security
46,485
19,784
Loans from directors
-
2,201
8
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
134,854
-
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).