1 November 2022 v2024.35.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00falsetruexbrli:purexbrli:sharesiso4217:GBP136961532022-11-012023-10-31136961532023-10-31136961532022-10-3113696153core:WithinOneYear2023-10-3113696153core:WithinOneYear2022-10-3113696153core:ShareCapital2023-10-3113696153core:RetainedEarningsAccumulatedLosses2023-10-3113696153core:RetainedEarningsAccumulatedLosses2022-10-3113696153bus:Director12022-11-012023-10-3113696153bus:RegisteredOffice2022-11-012023-10-3113696153core:OfficeEquipment2022-11-012023-10-3113696153core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3113696153core:IntangibleAssetsOtherThanGoodwill2023-10-3113696153core:PlantMachinery2022-11-01136961532022-11-0113696153core:LandBuildings2022-11-012023-10-3113696153core:PlantMachinery2022-11-012023-10-3113696153core:LandBuildings2023-10-3113696153core:PlantMachinery2023-10-3113696153core:PlantMachinery2022-10-311369615312022-11-012023-10-31136961532021-10-212022-10-3113696153countries:EnglandWales2022-11-012023-10-3113696153bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3113696153bus:PrivateLimitedCompanyLtd2022-11-012023-10-3113696153bus:SmallEntities2022-11-012023-10-3113696153bus:FullAccounts2022-11-012023-10-31
Company registration number:
13696153
Facilities Services Delivery Ltd
Unaudited Filleted Financial Statements for the year ended
31 October 2023
Facilities Services Delivery Ltd
Statement of Financial Position
31 October 2023
20232022
Note££
Fixed assets    
Intangible assets 5
156
  -  
Tangible assets 6
1,775
 
417
 
1,931
 
417
 
Current assets    
Debtors 7
79,343
 
37,781
 
Cash at bank and in hand
6,133
 
3,144
 
85,476
 
40,925
 
Creditors: amounts falling due within one year 8
(67,448
)
(13,339
)
Net current assets
18,028
 
27,586
 
Total assets less current liabilities 19,959   28,003  
Capital and reserves    
Called up share capital
1
  -  
Profit and loss account
19,958
 
28,003
 
Shareholders funds
19,959
 
28,003
 
For the year ending
31 October 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges 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 and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
31 July 2024
, and are signed on behalf of the board by:
J Douglas
Director
Company registration number:
13696153
Facilities Services Delivery Ltd
Notes to the Financial Statements
Year ended
31 October 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
86-90 Paul Street
,
London
,
England
,
EC2A 4NE
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Intangible assets

Intangible assets are initially measured at cost and are subsequently measured at cost less any accumulated amortisation and accumulated impairment losses or at a revalued amount. However, Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Any intangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% straight line

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2022: Nil).

5 Intangible assets

Other intangible assets
£
Cost  
At
1 November 2022
-  
Additions
170
 
At
31 October 2023
170
 
Amortisation  
At
1 November 2022
-  
Charge
14
 
At
31 October 2023
14
 
Carrying amount  
At
31 October 2023
156
 
At 31 October 2022 -  

6 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 November 2022
-  
525
 
525
 
Additions
1,000
 
666
 
1,666
 
At
31 October 2023
1,000
 
1,191
 
2,191
 
Depreciation      
At
1 November 2022
-  
108
 
108
 
Charge
104
 
204
 
308
 
At
31 October 2023
104
 
312
 
416
 
Carrying amount      
At
31 October 2023
896
 
879
 
1,775
 
At 31 October 2022 -  
417
 
417
 

7 Debtors

20232022
££
Trade debtors
52,298
 
23,219
 
Other debtors
27,045
 
14,562
 
79,343
 
37,781
 

8 Creditors: amounts falling due within one year

20232022
££
Trade creditors
4,986
 
5,789
 
Taxation and social security
30,142
 
6,434
 
Other creditors
32,320
 
1,116
 
67,448
 
13,339