IRIS Accounts Production v23.3.0.418 07663686 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false true false Ordinary 'I' shares 0.01000 Ordinary 'C' shares 0.01000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure076636862022-06-30076636862023-06-30076636862022-07-012023-06-30076636862021-06-30076636862021-07-012022-06-30076636862022-06-3007663686ns16:EnglandWales2022-07-012023-06-3007663686ns15:PoundSterling2022-07-012023-06-3007663686ns11:Director12022-07-012023-06-3007663686ns11:PrivateLimitedCompanyLtd2022-07-012023-06-3007663686ns11:SmallEntities2022-07-012023-06-3007663686ns11:AuditExempt-NoAccountantsReport2022-07-012023-06-3007663686ns11:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3007663686ns11:SmallCompaniesRegimeForAccounts2022-07-012023-06-3007663686ns11:FullAccounts2022-07-012023-06-3007663686ns11:OrdinaryShareClass12022-07-012023-06-3007663686ns11:OrdinaryShareClass22022-07-012023-06-3007663686ns11:Director22022-07-012023-06-3007663686ns11:CompanySecretary12022-07-012023-06-3007663686ns11:RegisteredOffice2022-07-012023-06-3007663686ns6:CurrentFinancialInstruments2023-06-3007663686ns6:CurrentFinancialInstruments2022-06-3007663686ns6:ShareCapital2023-06-3007663686ns6:ShareCapital2022-06-3007663686ns6:RetainedEarningsAccumulatedLosses2023-06-3007663686ns6:RetainedEarningsAccumulatedLosses2022-06-3007663686ns6:WithinOneYearns6:CurrentFinancialInstruments2023-06-3007663686ns6:WithinOneYearns6:CurrentFinancialInstruments2022-06-3007663686ns11:OrdinaryShareClass12023-06-3007663686ns11:OrdinaryShareClass22023-06-3007663686ns6:RetainedEarningsAccumulatedLosses2022-06-3007663686ns6:RetainedEarningsAccumulatedLosses2022-07-012023-06-30
REGISTERED NUMBER: 07663686 (England and Wales)












FUNDHOUSE LIMITED

Financial Statements

for the Year Ended 30 June 2023






FUNDHOUSE LIMITED (REGISTERED NUMBER: 07663686)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FUNDHOUSE LIMITED

Company Information
for the Year Ended 30 June 2023







DIRECTORS: R S Maguire
P C Foster





SECRETARY: R S Maguire





REGISTERED OFFICE: 7 Chapter House
33 London Road
Reigate
Surrey
RH2 9HZ





REGISTERED NUMBER: 07663686 (England and Wales)





ACCOUNTANTS: The Bailey Partnership
Chartered Accountants
The Old Mill, Kings Mill
Kings Mill Lane
South Nutfield
Surrey
RH1 5NB

FUNDHOUSE LIMITED (REGISTERED NUMBER: 07663686)

Balance Sheet
30 June 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 304,358 134,227
Cash at bank 282,932 102,913
587,290 237,140
CREDITORS
Amounts falling due within one year 5 156,518 56,036
NET CURRENT ASSETS 430,772 181,104
TOTAL ASSETS LESS CURRENT
LIABILITIES

430,772

181,104

CAPITAL AND RESERVES
Called up share capital 6 307 307
Retained earnings 7 430,465 180,797
SHAREHOLDERS' FUNDS 430,772 181,104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 20 October 2023 and were signed on its behalf by:





R S Maguire - Director


FUNDHOUSE LIMITED (REGISTERED NUMBER: 07663686)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Fundhouse 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Holiday pay
No liability is recognised in respect of holiday pay as employees are unable to carry forward holiday into future periods.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 8 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 291,458 118,984
Other debtors 12,900 15,243
304,358 134,227

FUNDHOUSE LIMITED (REGISTERED NUMBER: 07663686)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 86,320 35,696
Social security and other taxes - 1,049
VAT 26,307 10,895
Other creditors 42,616 -
Directors' loan accounts - 8,396
Accrued expenses 1,275 -
156,518 56,036

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10,000 Ordinary 'I' shares £0.01 100 100
20,699 Ordinary 'C' shares £0.01 207 207
307 307

7. RESERVES
Retained
earnings
£   

At 1 July 2022 180,797
Profit for the year 333,668
Dividends (84,000 )
At 30 June 2023 430,465