COMPANY REGISTRATION NUMBER:
04608578
Filleted Unaudited Financial Statements |
|
Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
Faxserve Limited |
|
Year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Faxserve Limited for the year ended 31 December 2023, which comprise the statement of financial position and the notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Faxserve Limited, as a body, in accordance with the terms of our engagement letter dated 8 September 2014. Our work has been undertaken solely to prepare for your approval the financial statements of Faxserve Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Faxserve Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Faxserve Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Faxserve Limited. You consider that Faxserve Limited 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 financial statements of Faxserve Limited. 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 financial statements.
PAUL PHILLIS & CO LIMITED
Chartered accountants
11a Corelli Street
Newport
South Wales
NP19 7AR
12 March 2024
Statement of Financial Position |
|
31 December 2023
|
2023 |
2022 |
|
£ |
£ |
£ |
Called up share capital not paid |
|
100 |
100 |
|
|
---- |
---- |
|
|
|
|
Fixed assets |
|
105 |
141 |
|
|
---- |
---- |
|
|
|
|
Current assets |
|
110,012 |
116,153 |
|
|
|
|
Creditors: amounts falling due within one year |
|
17,112 |
13,908 |
|
|
--------- |
--------- |
Net current assets |
|
92,900 |
102,245 |
|
|
-------- |
--------- |
Total assets less current liabilities |
|
93,105 |
102,486 |
|
|
|
|
Creditors: amounts falling due after more than one year |
|
(
30,000) |
– |
|
|
|
|
Accruals and deferred income |
|
600 |
600 |
|
|
--------- |
--------- |
|
|
122,505 |
101,886 |
|
|
--------- |
--------- |
|
|
|
|
Capital and reserves |
|
122,505 |
101,886 |
|
|
--------- |
--------- |
|
|
|
|
Notes to the financial statements
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2022:
2
).
2.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
|
Balance brought forward and outstanding |
|
2023 |
2022 |
|
£ |
£ |
Mr J. Ross |
(
133) |
(
133) |
|
---- |
---- |
|
|
|
The director's loan is interest free and repayable on demand
3.
Other financial commitments
The total future minimum lease payments under non-cancellable operating leases at the end of the financial year amounted to £nil (2022 - £nil).
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
7 March 2024
, and are signed on behalf of the board by:
Company registration number:
04608578
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 29 Leeway Industrial Estate, Newport, Gwent, NP19 4SL.