Company Registration No. 07142990 (England and Wales)
DIRECT 1ST SOLUTIONS LIMITED
Unaudited accounts
for the year ended 28 February 2018
DIRECT 1ST SOLUTIONS LIMITED
Unaudited accounts
Contents
DIRECT 1ST SOLUTIONS LIMITED
Company Information
for the year ended 28 February 2018
Directors
A M Harding
R M Harding
Company Number
07142990 (England and Wales)
Registered Office
48 FARLEY CLOSE
LITTLE STOKE
BRISTOL
BS34 6HE
DIRECT 1ST SOLUTIONS LIMITED
Statement of financial position
as at
28 February 2018
Intangible assets
7,000
7,500
Cash at bank and in hand
2,013
100
Creditors: amounts falling due within one year
(1,325)
(2,990)
Net current assets/(liabilities)
912
(2,603)
Called up share capital
100
100
Profit and loss account
7,812
4,797
Shareholders' funds
7,912
4,897
For the year ending 28 February 2018 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.
Approved by the Board on 20 September 2018.
A M Harding
Director
Company Registration No. 07142990
DIRECT 1ST SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 28 February 2018
DIRECT 1ST SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07142990. The registered office is 48 FARLEY CLOSE, LITTLE STOKE, BRISTOL, BS34 6HE.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
At 28 February 2018
10,000
At 28 February 2018
3,000
At 28 February 2018
7,000
At 28 February 2017
7,500
DIRECT 1ST SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 28 February 2018
6
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
-
2,363
Taxes and social security
825
127
7
Share capital
2018
2017
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2017: 0).