Company Registration No. 11943543 (England and Wales)
Entrust Global Facilities Services Ltd
Unaudited accounts
for the year ended 30 April 2024
Entrust Global Facilities Services Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
60,815
2,341
Cash at bank and in hand
525,473
407,312
Creditors: amounts falling due within one year
(108,046)
(50,663)
Net current assets
517,584
356,649
Total assets less current liabilities
578,399
358,990
Creditors: amounts falling due after more than one year
(44,883)
-
Net assets
533,516
358,990
Called up share capital
3
3
Profit and loss account
533,513
358,987
Shareholders' funds
533,516
358,990
For the year ending 30 April 2024 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 23 February 2025 and were signed on its behalf by
Dr Bandula Buddhadasa Jayaratne
Director
Company Registration No. 11943543
Entrust Global Facilities Services Ltd
Notes to the Accounts
for the year ended 30 April 2024
Entrust Global Facilities Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 11943543. The registered office is Olympic House, Temple Street, Aylesbury, Buckinghamshire, HP20 2RQ..
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Computer equipment
33% reducing balance
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.
Entrust Global Facilities Services Ltd
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
-
5,035
5,035
Additions
65,484
4,235
69,719
At 30 April 2024
65,484
9,270
74,754
At 1 May 2023
-
2,694
2,694
Charge for the year
8,186
3,059
11,245
At 30 April 2024
8,186
5,753
13,939
At 30 April 2024
57,298
3,517
60,815
At 30 April 2023
-
2,341
2,341
Amounts falling due within one year
Accrued income and prepayments
1,677
-
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
10,897
-
Taxes and social security
95,649
49,009
Loans from directors
-
754
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
44,883
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).