1 May 2022 false No description of principal activity Taxfiler 2023.11.1 12581043business:PrivateLimitedCompanyLtd2022-05-012023-04-30 125810432022-04-30 125810432022-05-012023-04-30 12581043business:AuditExemptWithAccountantsReport2022-05-012023-04-30 12581043business:FilletedAccounts2022-05-012023-04-30 125810432023-04-30 12581043business:Director12022-05-012023-04-30 12581043business:RegisteredOffice2022-05-012023-04-30 125810432022-04-30 12581043core:WithinOneYear2023-04-30 12581043core:WithinOneYear2022-04-30 12581043core:AfterOneYear2023-04-30 12581043core:AfterOneYear2022-04-30 12581043core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 12581043core:ShareCapitalcore:PreviouslyStatedAmount2022-04-30 12581043core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 12581043core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-30 12581043core:PreviouslyStatedAmount2023-04-30 12581043core:PreviouslyStatedAmount2022-04-30 12581043business:SmallEntities2022-05-012023-04-30 12581043countries:EnglandWales2022-05-012023-04-30 125810432021-05-012022-04-30 iso4217:GBP xbrli:pure
Company Registration No. 12581043 (England and Wales)
FB PRACTICE LTD Unaudited accounts for the year ended 30 April 2023
FB PRACTICE LTD Unaudited accounts Contents
Page
- 2 -
FB PRACTICE LTD Company Information for the year ended 30 April 2023
Director
Faisal BASHIR Filter appointments
Company Number
12581043 (England and Wales)
Registered Office
7 AVENUE VICTORIA LEEDS LS8 1JE ENGLAND
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
- 3 -
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of FB PRACTICE LTD for the year ended 30 April 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of FB PRACTICE LTD for the year ended 30 April 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of FB PRACTICE LTD, as a body, in accordance with the terms of our engagement letter dated 17 January 2024. Our work has been undertaken solely to prepare for your approval the accounts of FB PRACTICE LTD and state those matters that we have agreed to state to the Board of Directors of FB PRACTICE LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than FB PRACTICE LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that FB PRACTICE 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 FB PRACTICE LTD. You consider that FB PRACTICE 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 FB PRACTICE 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.
HLA Accountants Chartered Certified Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY 17 January 2024
- 4 -
FB PRACTICE LTD Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
3,948 
3,948 
Cash at bank and in hand
12,446 
29,886 
16,394 
33,834 
Creditors: amounts falling due within one year
(12,034)
(16,648)
Net current assets
4,360 
17,186 
Total assets less current liabilities
4,360 
17,186 
Creditors: amounts falling due after more than one year
(70)
- 
Net assets
4,290 
17,186 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,190 
17,086 
Shareholders' funds
4,290 
17,186 
For the year ending 30 April 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 17 January 2024 and were signed on its behalf by
Faisal BASHIR Filter appointments Director Company Registration No. 12581043
- 5 -
FB PRACTICE LTD Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
FB PRACTICE LTD is a private company, limited by shares, registered in England and Wales, registration number 12581043. The registered office is 7 AVENUE VICTORIA, LEEDS, LS8 1JE, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
3,848 
Amounts falling due after more than one year
Trade debtors
3,848 
- 
Other debtors
100 
100 
3,948 
100 
- 6 -
FB PRACTICE LTD Notes to the Accounts for the year ended 30 April 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
7,577 
15,928 
Loans from directors
3,077 
- 
Accruals
1,380 
720 
12,034 
16,648 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Taxes and social security
70 
- 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 7 -