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REGISTERED NUMBER: 03764475 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Active Facilities Management Ltd

Active Facilities Management Ltd (Registered number: 03764475)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Active Facilities Management Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mr A Powell
Mr C Tarsey
Mrs A Tarsey
Mr S Brian
Mr B H Martin





SECRETARY: Mrs S Powell





REGISTERED OFFICE: Unit 4, Headley Park 10
Headley Road East
Woodley
Reading
Berkshire
RG5 4SW





REGISTERED NUMBER: 03764475 (England and Wales)





ACCOUNTANTS: Wilson Partners Limited
Chartered Accountants
TOR
Saint-Cloud Way
Maidenhead
Berkshire
SL6 8BN

Active Facilities Management Ltd (Registered number: 03764475)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 56,400 -
Tangible assets 5 55,875 66,488
112,275 66,488

CURRENT ASSETS
Debtors 6 2,276,392 2,564,999
Cash at bank and in hand 649,146 437,953
2,925,538 3,002,952
CREDITORS
Amounts falling due within one year 7 (1,493,888 ) (1,291,393 )
NET CURRENT ASSETS 1,431,650 1,711,559
TOTAL ASSETS LESS CURRENT LIABILITIES 1,543,925 1,778,047

PROVISIONS FOR LIABILITIES (9,535 ) (11,527 )
NET ASSETS 1,534,390 1,766,520

CAPITAL AND RESERVES
Called up share capital 100 100
Capital redemption reserve 2 2
Retained earnings 1,534,288 1,766,418
SHAREHOLDERS' FUNDS 1,534,390 1,766,520

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

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.

Active Facilities Management Ltd (Registered number: 03764475)

Balance Sheet - continued
31 May 2024


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by:




Mr A Powell - Director



Mr C Tarsey - Director


Active Facilities Management Ltd (Registered number: 03764475)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Active Facilities Management Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The company does not make significant estimates and assumptions concerning the future.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;
- it is probable that the Company will received the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - Straight line over 9 years
Fixtures and fittings - at varying rates on cost
Computer equipment - 50% on cost and 20% on cost

Financial instruments
Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and therefore at fair value, with changes recognised in profit and loss.

Active Facilities Management Ltd (Registered number: 03764475)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2023 - 33 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 56,400
At 31 May 2024 56,400
NET BOOK VALUE
At 31 May 2024 56,400

Active Facilities Management Ltd (Registered number: 03764475)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 253,485
Additions 11,344
Disposals (8,910 )
At 31 May 2024 255,919
DEPRECIATION
At 1 June 2023 186,997
Charge for year 21,957
Eliminated on disposal (8,910 )
At 31 May 2024 200,044
NET BOOK VALUE
At 31 May 2024 55,875
At 31 May 2023 66,488

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 2,127,617 2,474,545
Other debtors 148,775 90,454
2,276,392 2,564,999

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 895,248 419,588
Taxation and social security 254,283 343,115
Other creditors 344,357 528,690
1,493,888 1,291,393

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.5.24 31.5.23
£    £   
Within one year 122,646 122,646
Between one and five years 214,631 337,277
337,277 459,923

9. ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no ultimate controlling party.