Company Registration No. 09089240 (England and Wales)
FIRST CONTACT (LONDON) LIMITED
Unaudited accounts
for the year ended 30 June 2020
FIRST CONTACT (LONDON) LIMITED
Statement of financial position
as at
30 June 2020
Tangible assets
2,697
3,371
Cash at bank and in hand
11,367
1,947
Creditors: amounts falling due within one year
(5,378)
(15,876)
Net current assets
27,091
17,202
Total assets less current liabilities
29,788
20,573
Creditors: amounts falling due after more than one year
(50,769)
(15,142)
Net (liabilities)/assets
(20,981)
5,431
Called up share capital
1
1
Profit and loss account
(20,982)
5,430
Shareholders' funds
(20,981)
5,431
For the year ending 30 June 2020 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 10 May 2021 and were signed on its behalf by
Muhammad Ashfaq Khan Bibi
Director
Company Registration No. 09089240
FIRST CONTACT (LONDON) LIMITED
Notes to the Accounts
for the year ended 30 June 2020
FIRST CONTACT (LONDON) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09089240. The registered office is 85 Great Portland Street, London, W1W 7LT, United Kingdom.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover represents the value of work carried out in respect of services provided to customers.
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:
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2019
6,347
1,582
7,929
At 30 June 2020
6,347
1,582
7,929
At 1 July 2019
3,573
985
4,558
Charge for the year
555
119
674
At 30 June 2020
4,128
1,104
5,232
At 30 June 2020
2,219
478
2,697
At 30 June 2019
2,774
597
3,371
FIRST CONTACT (LONDON) LIMITED
Notes to the Accounts
for the year ended 30 June 2020
5
Debtors: amounts falling due within one year
2020
2019
Accrued income and prepayments
21,102
26,997
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
275
434
Other creditors
4,453
10,414
7
Creditors: amounts falling due after more than one year
2020
2019
Other creditors
50,769
15,142
8
Share capital
2020
2019
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Muhammad Ashfaq Khan Bibi is the ultimate controlling party by virtue of 100% shareholdings in the company.
10
Average number of employees
During the year the average number of employees was 2 (2019: 2).