Company Registration No. 02815397 (England and Wales)
Fan Systems (London) Limited
Unaudited accounts
for the year ended 28 February 2023
Fan Systems (London) Limited
Unaudited accounts
Contents
Fan Systems (London) Limited
Company Information
for the year ended 28 February 2023
Directors
J L Cilia
J A Cilia
Company Number
02815397 (England and Wales)
Registered Office
The Courtyard
30 Worthing Road
Horsham
West Sussex
RH12 1SL
ENGLAND
Accountants
Richard Matthew Accountancy Ltd
The Courtyard
30 Worthing Road
Horsham
West Sussex
RH12 1SL
Fan Systems (London) Limited
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
-
363
Creditors: amounts falling due within one year
(5,980)
(6,163)
Net current assets
6,849
7,029
Called up share capital
2
2
Profit and loss account
7,494
7,890
Shareholders' funds
7,496
7,892
For the year ending 28 February 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by
J L Cilia
Director
Company Registration No. 02815397
Fan Systems (London) Limited
Notes to the Accounts
for the year ended 28 February 2023
Fan Systems (London) Limited is a private company, limited by shares, registered in England and Wales, registration number 02815397. The registered office is The Courtyard, 30 Worthing Road, Horsham, West Sussex, RH12 1SL, ENGLAND.
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 and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
1/3rd straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
3,883
26,996
3,980
34,859
At 28 February 2023
3,883
26,996
3,980
34,859
At 1 March 2022
3,341
26,675
3,980
33,996
Charge for the year
136
80
-
216
At 28 February 2023
3,477
26,755
3,980
34,212
At 28 February 2023
406
241
-
647
At 28 February 2022
542
321
-
863
Amounts falling due within one year
Other debtors
12,829
12,829
Fan Systems (London) Limited
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
5,800
5,956
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).