FS Financial Services Ltd.Liquidated

82211 Herrsching a. Ammersee, DEU

Master Data

Registry
Register court München HRB 162666
Registered
6/13/2006
Industry
All other financial service activities, except insurance and pension funding, n.e.c.Other activities auxiliary to financial services, except insurance and pension funding, n.e.c.Business and other management consultancy activities
Purpose
Beratung von Unternehmen (ohne Rechtsund Steuerberatung).

History

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Management

NameRole
Director

Financial Report

FS Financial Services Ltd.

München

Jahresabschluss zum 31.12.2013

F@S FINANCIAL SERVICES LTD., LONDON

CONTENTS

Balance Sheet

Notes to the Accounts

ABBREVIATED BALANCE SHEET AS AT 31/12/2013

Notes 2013 2012
1 £ £ £ £
Called up share capital not paid   300,00   300,00  
Fixed Assets          
Intangible fixed assets 2 0,00   0,00  
Tangible fixed assets 2 16.722,48   82  
Total fixed assets   16.722,48   0,82  
Current Assets          
Stocks   0,00   0,00  
Debtors   2.901,36   0,00  
Cash at bank and in hand   1.644,63   1.348,39  
Raw and operating materials   0,00   0,00  
Other current assets   0,00   0,00  
    4.546,00   1.348,39  
Prepayment and agrued income   0,00   0,00  
Creditors: amounts falling due within one year   -29.415,04   -12.206,58  
Net Current Assets   -24.869,04   -10.858,19  
Total Assets less Current Liabilities     -7.846,57   -10.557,38
Creditors: amounts falling due alter more than one year   0,00   0,00  
Provisions for liabilities and charges   -833,00   0,00  
Accruals and deferred income   0,00   0,00  
NET ASSETS     -8.679,57   -10.557,38
Capital and Reserves          
Called up share Capital 3 300,00   300,00  
Other reserves   0,00   0,00  
Retained profits previous year   0,00   0,00  
Loss previous year brought forward 4 -11.090,37   -7.045,64  
Profit and loss Account   2.110,81   -3.811,74  
SHAREHOLDERS' FUNDS     -8.679,57   -10.557,38

For the year ending 31/12/2013 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 accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for:

(l)

complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

(ii)

preparing accounts which give a true and fair view of the state of affairs of the company as at the end

of the financial year and of its profit and loss for the year, and which otherwise comply with the requirements of this Act relating to accounts, so far as applicable to the company.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

 

Approved by the Board on 01.09.2014

LOGES, HANS-JOACHIM MR., Director

NOTES TO THE ABBREVIATED ACCOUNTS

1. ACCOUNTING POLICIES

These accounts have been extracted from full financial statements.

These statements have been prepared under the historical cost convention and in accordance with the German tax law and with the Financial Standard for Smaller Entities (FRSSE, effective April 2008)

Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Cash flow

The company has taken advantage of the exemption from the requirement to prepare a cash flow statement under the Financial Reporting Standard for Smaller Entities.

Currency

The business of the company and its total transactions are conducted exclusively in the currency of European EURO (EUR).

Therefore all all relevant information availabe as at 31/12/2013 had to be translated into British Pound applying the exchange rate circulated by the Bank of England regarding the accounting reference date.

To the extent this report also includes accounts subject to reports filed with the Companies House of preceeding financial years this could lead to differences according to a change of exchange rates between the present and precceding accounting reference dates. Where such differences occur they are explicitly shown in the report.

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. as follows:

Equipment 20,00 - 33,00 % reducing balance
Vehicle 16,67 - 33,33 % reducing balance
Low value assets 100,00 % reducing balance

2. FIXED ASSETS

Tangible Assets Intangible Assets
Cost £ £
At 31/12/2012 0,82 0,00
Additions 17.424,12 0,00
Disposals 0,00 0,00
At 31/12/2013 17.424,94 0,00
Depreciation    
Cumulated Depreciation as per 31/12/2012 0,00 0,00
Depreciation during the year 702,46 0,00
Cumulated Depreciation as per 31/12/2013 702,46 0,00
Net Book Value    
At 31/12/2013 16.722,48 0,00
At 31/12/2012 0,82 0,00
Change in value due to different exchange rates 0,02 0,00
At 31/12/2012 0,84 0,00

3. SHARE CAPITAL

2013 2012
£ £
Allotted, called up and fully paid: 0,00 ordinary share of £ 1 each. 0,00 0,00

4. LOSS/ PROFITS PREVIOUS YEAR BROUGHT FORWARD

  £
Profit/ Loss at 31/12/2012 -3.811,74
Loss previous year brought forward at 31/12/2012 -7.045,64
Change in value due to different exchange rates -232,99
Loss previous year brought forward at 31/12/2013 -11.090,37

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