Registered Number: SC492045 Scotland
AMENDED ACCOUNTS
FIBROMYALGIA ACTION UK
Abridged Accounts
Period of accounts
Start date: 01 December 2022
End date: 30 November 2023
These are now the statutory accounts They replace the original accounts The amended accounts are prepared as they were at the date of the original accounts
FIBROMYALGIA ACTION UK Contents Page For the year ended 30 November 2023
| Accountants' report | 3 |
|---|---|
| Statement of financial position | 4 |
| Notes to the financial statements | 6 |
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FIBROMYALGIA ACTION UK Accountants' Report For the year ended 30 November 2023
Accountant’s report
You consider that the company is exempt from an audit for the year ended 30 November 2023 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Josh Botham Tax & Accounting Services Ltd 30 November 2023
....................................................
Josh Botham Tax & Accounting Services Ltd Archer House Britland Estate Northbourne Road Eastbourne BN22 8PW 18 August 2024
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FIBROMYALGIA ACTION UK Statement of Financial Position As at 30 November 2023
| Notes Fixed assets Tangible fixed assets 3 Current assets Stocks Debtors: amounts falling due within one year Cash at bank and in hand Creditors: amount falling due within one year Net current assets Total assets less current liabilities Net assets Capital and reserves Profit and loss account Shareholders' funds |
2023 £ 589 589 2,420 1,248 707,447 711,115 (2,325) 708,790 709,379 709,379 709,379 709,379 |
2022 £ 589 |
|---|---|---|
| 589 2,420 1,542 319,255 |
||
| 323,217 1,225 |
||
| 324,442 | ||
| 325,031 | ||
| 325,031 | ||
| 325,031 | ||
| 325,031 |
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FIBROMYALGIA ACTION UK Statement of Financial Position As at 30 November 2023
For the year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 18 August 2024 and were signed on its behalf by:
Des Quinn Director
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FIBROMYALGIA ACTION UK Notes to the Abridged Financial Statements For the year ended 30 November 2023
General Information
Fibromyalgia Action UK is a private company, limited by shares, registered in Scotland, registration number SC492045, registration address 12 Seedhill Road, 3006 Mile End Mill, Paisley, PA1 1JS.
The presentation currency is £ sterling.
1. Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Group accounts
The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Research and development expenditure
Research and development expenditure is charged to the income statement in the period in which it is incurred.
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FIBROMYALGIA ACTION UK Notes to the Abridged Financial Statements For the year ended 30 November 2023
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Preference dividends
Where preference shares are classed as liabilities rather than equity any preference dividends paid are included in interest payable and similar charges within the income statement.
Tangible fixed assets
Tangible fixed assets, 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:
Fixtures and Fittings 4 Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. Average number of employees
Average number of employees during the year was 4 (2022 : 4).
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FIBROMYALGIA ACTION UK Notes to the Abridged Financial Statements For the year ended 30 November 2023
3. Tangible fixed assets
| Tangible fixed assets | ||
|---|---|---|
| Cost or valuation At 01 December 2022 Additions Disposals At 30 November 2023 Depreciation At 01 December 2022 Charge for year On disposals At 30 November 2023 Net book values Closing balance as at 30 November 2023 Opening balance as at 01 December 2022 |
Fixtures and Fittings £ 5,215 - - 5,215 4,626 - - 4,626 589 589 |
Total £ 5,215 - - |
| 5,215 | ||
| 4,626 - - |
||
| 4,626 | ||
| 589 | ||
| 589 |
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