REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
THE BRITISH OFFICE SUPPLIES AND SERVICES |
FEDERATION LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
THE BRITISH OFFICE SUPPLIES AND SERVICES |
FEDERATION LTD |
THE BRITISH OFFICE SUPPLIES AND SERVICES |
FEDERATION LTD (REGISTERED NUMBER: 04606197) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 31 December 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
THE BRITISH OFFICE SUPPLIES AND SERVICES |
FEDERATION LTD |
COMPANY INFORMATION |
for the year ended 31 December 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
1110 Elliott Court |
Coventry Business Park |
Herald Avenue |
Coventry |
West Midlands |
CV5 6UB |
THE BRITISH OFFICE SUPPLIES AND SERVICES |
FEDERATION LTD (REGISTERED NUMBER: 04606197) |
STATEMENT OF FINANCIAL POSITION |
31 December 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 3 |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Retained earnings | 6 |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Statement of income has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
THE BRITISH OFFICE SUPPLIES AND SERVICES |
FEDERATION LTD (REGISTERED NUMBER: 04606197) |
NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 31 December 2023 |
1. | ACCOUNTING POLICIES |
Basis of preparation |
Turnover |
Turnover comprises gross interest receivable and is recognised in the period to which the |
interest is attributable. |
Tangible fixed assets |
Tangible fixed assets are stated at cost less depreciation. Any impairment in value due to drop |
in general market prices is charged to the income and expenditure account reserves. |
Depreciation is provided at rates calculated to write off the costs of fixed assets, less their |
estimated residual value, over their expected useful lives on the following bases: |
Freehold land - Nil |
Freehold buildings - Nil |
No depreciation is charged on the freehold buildings on the grounds that the useful economic |
life of the asset is estimated to be greater than 50 years. The freehold premises are subjected |
to impairment reviews at the end of each reporting period as required. |
Deferred taxation |
Provision is made for taxation deferred as a result of material timing differences between the |
incidence of income and expenditure for taxation and accounts purposes, using the liability |
method. |
2. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
3. | INTANGIBLE FIXED ASSETS |
Computer |
software |
£ |
COST |
At 1 January 2023 |
Additions |
At 31 December 2023 |
AMORTISATION |
Amortisation for year |
At 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
At 31 December 2022 |
THE BRITISH OFFICE SUPPLIES AND SERVICES |
FEDERATION LTD (REGISTERED NUMBER: 04606197) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 December 2023 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
VAT |
Prepayments and accrued income |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Other creditors |
Accruals and deferred income |
6. | RESERVES |
Retained |
earnings |
£ |
At 1 January 2023 |
Deficit for the year | ( |
) |
At 31 December 2023 |