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REGISTERED NUMBER: 09884112 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 July 2023

for

FSED Limited

FSED Limited (Registered number: 09884112)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FSED Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Mr M P Reid-Smith





SECRETARY: Mr M P Reid-Smith





REGISTERED OFFICE: Lister House
49 Lister Road
Wellingborough
Northamptonshire
NN8 4EL





REGISTERED NUMBER: 09884112 (England and Wales)





ACCOUNTANTS: Clifford Roberts
63 Broad Green
Wellingborough
Northamptonshire
NN8 4LQ

FSED Limited (Registered number: 09884112)

Balance Sheet
31 July 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 983 349

CURRENT ASSETS
Debtors 5 56,290 69,172
Cash at bank 72,543 27,281
128,833 96,453
CREDITORS
Amounts falling due within one year 6 28,045 10,308
NET CURRENT ASSETS 100,788 86,145
TOTAL ASSETS LESS CURRENT
LIABILITIES

101,771

86,494

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 101,671 86,394
SHAREHOLDERS' FUNDS 101,771 86,494

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 October 2023 and were signed by:





Mr M P Reid-Smith - Director


FSED Limited (Registered number: 09884112)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

FSED Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue
Turnover represents net invoices sale of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 10 ) .

FSED Limited (Registered number: 09884112)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 August 2022 1,398
Additions 1,311
At 31 July 2023 2,709
DEPRECIATION
At 1 August 2022 1,049
Charge for year 677
At 31 July 2023 1,726
NET BOOK VALUE
At 31 July 2023 983
At 31 July 2022 349

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 54,035 67,559
Amounts owed by associates 580 346
Other debtors 1,675 1,267
56,290 69,172

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 5,413 1,725
Taxation and social security 21,132 7,083
Other creditors 1,500 1,500
28,045 10,308

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
100 Ordinary £1 £1 100 100