| Registered Number:05120533 |
For the year ended 30 April 2017
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2017
Focus Payroll Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Focus Payroll Limited
Statement of Financial Position
2016
2017
| Property, plant and equipment |
195
453
2
195
453
| Trade and other receivables |
4,116
2,524
3
217
| Cash and cash equivalents |
117
2,641
4,333
| Trade and other payables: amounts falling due within one |
| year |
(4,219)
(2,616)
4
114
25
Net current assets
| Total assets less current liabilities |
220
567
(91)
(91)
| Provisions for liabilities |
129
Net assets
476
1
1
128
475
129
476
Shareholders' funds
| For the year ended 30 April 2017 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 of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
| These financial statements were approved and authorised for issue by the Board on 31 December 2017 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 30 April 2017
Focus Payroll Limited
Notes to the Financial Statements
Statutory Information
| Focus Payroll Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 05120533. |
11 Alton Avenue
Kings Hill
West Malling
Kent
ME19 4AT
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
Turnover represents net invoiced sales of services excluding value added tax
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Office Furniture
| 2. Property, plant and equipment |
4,095
3,173
922
922
3,173
4,095
| Provision for depreciation and impairment |
3,642
2,821
821
Charge for year
258
224
34
3,900
3,045
855
67
128
195
101
352
453
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For the year ended 30 April 2017
Focus Payroll Limited
Notes to the Financial Statements Continued
| 3. Trade and other receivables |
2016
2017
-
1,591
| Amounts owed by group undertakings and participating interests |
1,733
2,525
791
-
4,116
2,524
| 4. Trade and other payables: amounts falling due within one year |
2016
2017
| Taxation and social security |
1,306
2,446
1,310
1,773
2,616
4,219
| 5. Directors advances and guarantees |
| Included in other debtors is an amount due from the director, M Maplesden, of £681 (2016: amount due to director |
| £763). During the year the director withdrew £1,444. No interest has been charged on this loan. |
| 6. Average number of persons employed |
During the year the average number of employees was 2 (2016 : 2)
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