THE HYAMS GROUP LTD: TAX & ACCOUNTING
LICENSED ACCOUNTANT & TAX AGENT
Mr Pavels KUZNECOVS 60 Gold Street Northampton NN1 1RS FRIENDSHIP ZONE LIMITED
13 October 2021
Dear Pavels,
Accounts for Period ended 30/04/2021
Please find attached final accounts for FRIENDSHIP ZONE LIMITED for the period ended 30/04/2021 [including abbreviated accounts if appropriate].
Please review the attached carefully and if you are happy that the accounts can be approved please print out a set of each of the attached documents, obtain appropriate signatures at the foot of each Balance Sheet [and Directors Report, if relevant] and return the signed documents to this office.
Please do not hesitate to contact us if you have any queries.
Yours sincerely,
Julia Hyams
46 St. Leonards Road, Northampton, NN4 8DP TELEPHONE: 01604355 766 MOB: 07810318884 E-mail: julia@thehyamsgroup.com Licence AAT 8215
FRIENDSHIP ZONE LIMITED
Company No. 06556556
Directors' Report and Unaudited Accounts
30 April 2021
FRIENDSHIP ZONE LIMITED Contents
| Page | |
|---|---|
| Numbers | |
| Company Information | 2 |
| Directors' Report | 3 |
| Accountant's Report | 4 |
| Income & Expenditure Account | 5 |
| Balance Sheet | 6 to |
Page 1
FRIENDSHIP ZONE LIMITED Company Information
Directors
-
A. DZERINS
-
P. KUZNECOVS
Company Secretary
P. KUZNECOVS
Registered Office
60 Gold Street Northampton NN1 1RS
Accountants
The Hyams Group LTD 46 St. Leonard Road Far Cotton Northampton NN4 8DP
Page 2
FRIENDSHIP ZONE LIMITED Directors Report
The Directors present their report and accounts for the year ended 30 April 2021.
Principal activities
The principal activity of the company during the year under review was Other letting and operating of own or leased real estate.
Directors
The Directors who served during the year were as follows:
A. DZERINS
P. KUZNECOVS
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
........................................................................................................
P. KUZNECOVS
Company Secretary
13 October 2021
Page 3
FRIENDSHIP ZONE LIMITED Accountants Report
Accountant's Report to the Board of Directors of FRIENDSHIP ZONE LIMITED on the preparation of the unaudited statutory accounts for the year ended 30 April 2021
In order to assist you to fulfil your duties under the Companies Act 2006 and in accordance with your instructions, we have prepared for your approval the accounts of FRIENDSHIP ZONE LIMITED for the year ended 30 April 2021 which comprise the Income and Expenditure Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
You consider that the company is exempt from an audit for the year ended 30 April 2021. 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 deficit for the year then ended.
We have not carried out an audit or a review of the accounts of FRIENDSHIP ZONE LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
The Hyams Group LTD Accountants 46 St. Leonard Road Far Cotton Northampton NN4 8DP 13 October 2021
Page 4
FRIENDSHIP ZONE LIMITED Income and Expenditure Account for the year ended 30 April 2021
| for the year ended 30 April 2021 | ||
|---|---|---|
| Turnover Other income Cost of raw materials and consumables Depreciation and other amounts written off assets Other charges (Deficit)/Surplus before tax for the financial year Tax (Deficit)/Surplus for the financial year |
2021 | 2020 |
| £ | £ | |
| 44,708 34,337 (75,400) (275) (8,108) (4,738) - (4,738) |
76,561 - (70,713) (310) (5,536) |
|
| 2 - |
||
| 2 |
Page 5
FRIENDSHIP ZONE LIMITED Balance Sheet
| FRIENDSHIP ZONE LIMITED Balance Sheet |
||
|---|---|---|
| at 30 April 2021 Company No. 06556556 Fixed assets Current assets Prepayments and accrued income Creditors: Amounts falling due within one year Net current assets Total assets less current liabilities Creditors: Amounts falling due after more than one year Accruals and deferred income Reserves |
2021 £ 1,100 45,625 - (544) 45,081 46,181 (20,000) - 26,181 26,181 |
2020 £ 1,242 33,990 (1,900) (2,412) |
| 29,678 | ||
| 30,920 | ||
| - | ||
| (1) | ||
| 30,919 | ||
| 30,919 |
NOTES TO THE ACCOUNTS
- 1 Basis of preparation
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 - The Financial Reporting Standard applicable to the Micro-entities Regime (March 2018).
2 Employees
| Employees | ||
|---|---|---|
| 2021 | 2020 | |
| Number | Number | |
| The average monthly number of employees (including directors) during the year was: |
0 | 0 |
- 3 Additional information
FRIENDSHIP ZONE LIMITED is a private company limited by guarantee and incorporated in England and Wales.
Its registered number is: 06556556
Its registered office is:
60 Gold Street
Northampton NN1 1RS
For the year ended 30 April 2021 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
Approved by the board on 30 April 2021
And signed on its behalf by:
P. KUZNECOVS
Director
13 October 2021
Page 6
FRIENDSHIP ZONE LIMITED Detailed Balance Sheet Notes
for the year ended 30 April 2021
| 1 Fixed assets Tangible fixed assets 2 Tangible fixed assets Cost At 1 May 2020 Additions At 30 April 2021 Depreciation At 1 May 2020 Charge for the year At 30 April 2021 Net book values At 30 April 2021 At 30 April 2020 3 Current assets Cash at bank and in hand Trade debtors Other debtors 4 Prepayments and accrued income Accrued income 5 Creditors: amounts falling due within one year Other taxes and social security |
2021 £ 1,100 |
Fixtures, fittings and equipment £ 5,071 133 |
2020 £ 1,242 |
|---|---|---|---|
| 1,100 | 1,242 | ||
| 2021 £ |
Total £ 5,071 133 |
||
| 5,204 | 5,204 | ||
| 3,829 275 |
|||
| 3,829 | |||
| 275 | |||
| 4,104 | 4,104 | ||
| 1,100 | 1,100 | ||
| 1,242 | 1,242 | ||
| 2020 £ |
|||
| 22,946 | 1,200 | ||
| 8,460 14,219 |
11,842 20,948 |
||
| 45,625 | 33,990 | ||
| 2021 £ - |
2020 £ (1,900) |
||
| - | (1,900) | ||
| 2021 £ 544 |
2020 £ 2,412 |
||
| 544 | 2,412 |
Page 7
FRIENDSHIP ZONE LIMITED Detailed Balance Sheet Notes
- 6 Creditors:
amounts falling due after more than one year
| 6 Creditors: amounts falling due after more than one year |
||
|---|---|---|
| Bank loans and overdrafts 7 Accruals and deferred income Accruals |
2021 £ 20,000 20,000 2021 £ - - |
2020 £ - |
| - | ||
| 2020 £ 1 |
||
| 1 | ||
| 8 Reserves At 1 May 2020 Deficit for the period At 30 April 2021 |
Income and Expenditure account |
|
| £ | ||
| 30,919 | ||
| (4,738) | ||
| 26,181 | ||
Page 8
FRIENDSHIP ZONE LIMITED Detailed Income and Expenditure Account for the year ended 30 April 2021
| Turnover Other income Other operating income Total Other income Cost of raw materials and consumables Direct premises costs Sub-contractor costs Other direct costs Depreciation and other amounts written off assets Depreciation of plant and machinery Depreciation of fixtures, fittings and equipment Other charges Selling and marketing costs Advertising and PR Website costs Motor and travel costs Travel and subsistence General administrative costs General insurances Postage and couriers Software, IT support and related costs Stationery and printing Subscriptions Sundry expenses Legal and professional costs Accountancy and bookkeeping Total Other charges (Deficit)/Surplus before tax for the financial year |
2021 | 2020 |
|---|---|---|
| £ | £ | |
| 44,708 | 76,561 | |
| 34,337 34,337 34,337 72,450 2,950 - 75,400 - 275 275 8,108 - 198 198 - - 985 122 5,010 129 47 624 6,917 993 993 8,108 (4,738) |
- - |
|
| - | ||
| 70,443 - 270 |
||
| 70,713 | ||
| 310 - |
||
| 310 | ||
| 5,536 959 - |
||
| 959 | ||
| 1,021 | ||
| 1,021 | ||
| 262 84 2,087 - 51 79 |
||
| 2,563 | ||
| 993 | ||
| 993 | ||
| 5,536 | ||
| 2 |
Page 9
FRIENDSHIP ZONE LIMITED Delailed Income and Expenditu Account Page10
FRIENDSHIP ZONE LIMITED
Company No. 06556556
Unaudited Accounts
30 April 2021
FRIENDSHIP ZONE LIMITED Balance Sheet Registrar
| FRIENDSHIP ZONE LIMITED Balance Sheet Registrar |
||
|---|---|---|
| at 30 April 2021 Company No. 06556556 Fixed assets Current assets Prepayments and accrued income Creditors: Amounts falling due within one year Net current assets Total assets less current liabilities Creditors: Amounts falling due after more than one year Accruals and deferred income Reserves |
2021 £ 1,100 45,625 - (544) 45,081 46,181 (20,000) - 26,181 26,181 |
2020 £ 1,242 33,990 (1,900) (2,412) |
| 29,678 | ||
| 30,920 | ||
| - | ||
| (1) | ||
| 30,919 | ||
| 30,919 |
NOTES TO THE ACCOUNTS
1 Basis of preparation These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 - The Financial Reporting Standard applicable to the Micro-entities Regime (March 2018).
2 Employees
| Employees | ||
|---|---|---|
| 2021 | 2020 | |
| Number | Number | |
| The average monthly number of employees (including directors) during the year was: |
0 | 0 |
- 3 Additional information
FRIENDSHIP ZONE LIMITED is a private company limited by guarantee and incorporated in England and Wales.
Its registered number is: 06556556
Its registered office is:
60 Gold Street
Northampton
NN1 1RS
For the year ended 30 April 2021 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's income and expenditure account.
Approved by the board on 30 April 2021
And signed on its behalf by:
P. KUZNECOVS
Page 1
FRIENDSHIP ZONE LIMITED Balance Sheet Registrar
Director 13 October 2021
Page 2
FRIENDSHIP ZONE LIMITED Directors Report Registrar
The Directors present their report and accounts for the year ended 30 April 2021.
Principal activities
The principal activity of the company during the year under review was Other letting and operating of own or leased real estate.
Directors
The Directors who served during the year were as follows:
A. DZERINS
P. KUZNECOVS
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
........................................................................................................
P. KUZNECOVS
Company Secretary
13 October 2021
Page 0
60 Gold Street Northampton NN1 1RS Registered Charity No: 1124724 Company Number: 6556556
21.10.2021
Trustees Report (2020 – 2021)
The end of the financial year has still been overshadowed by Covid19 Pandemic. Friendship Zone and all other organisations residing at our community and training centre had faced severe disruptions caused by the pandemic. However, as always, we are continuing to enjoy the patronage of AEP UK Ltd, enabling us to develop our services and low cost rent of premises to like minded organisations at 60 Gold Street, Northampton.
Prior to Covid19 Pandemic Friendship Zone had demonstrated and still demonstrates to the world that hard work and an innovative approach can be the basis for unparalleled success. Friendship Zone has proven that an innovative business model based upon a firm belief in its services can outperform bigger competitors.
Unfortunately due to Covid19 Pandemic a decision has been made that our project Vote2Give had to be discontinued, it did prove to be a success and has enabled us to distribute in excess of £66300 in micro grants to a range of registered charities across the UK, supporting an array of causes. Another project supported by Friendship Zone - Third World TrAid, had to be restructured and to go independent.
Our training and community centre in the town centre of Northampton continued to be a great success until the Covid19 Pandemic, but suffered significant reduction in its revenues due the latter. In overall income generated by the rental revenues continued to secure our charity selfsufficient future.
The number of people benefiting from our superbly located community and training centre, which houses like minded organisations providing various types of community beneficial services reached thousands. It is an excellent example of how a registered charity can survive without asking for money, but earning it by providing cost effective services for the benefit of the community.
info@friendship-zone.com
www.friendship-zone.com
Tel: 07939597604
60 Gold Street Northampton NN1 1RS Registered Charity No: 1124724 Company Number: 6556556
We continue to enjoy the tenancy of Diversiti Training in our training centre. Diversiti Training sees hundreds of people to take part in, or enquire about the training programs and support they offer. Other tenants residing at our community and training centre offer community beneficial services of the following kind: immigration advice, music therapy, helping disabled people into employment and training, care support, improving personal health, community DJ, employment and recruitment services, support of people in third countries through trade and children presents supply. However it should be noted that not all of the mentioned services will be able to survive the Covid19 Pandemic with care sector hit badly in particular.
In conclusion, while as always we are extremely proud of our achievements over the last year and were excited to see our projects continue to grow over the next twelve months, Covid19 Pandemic has severely affected our operations and revenues. In the past 12 months Friendship Zone had be re-assessing the direction Friendship Zone should move and what services provision to prioritise!
The decision has been taken to expand its most successful business model and to increase its community venues portfolio, where Friendship Zone manages community venues for the benefit of the general public, as in its opinion that would be the most feasible way to increase its revenues, hence re-instating its micro grants giving activities sometime in the future.
info@friendship-zone.com
www.friendship-zone.com
Tel: 07939597604