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REGISTERED NUMBER: 13902903 (England and Wales)















Unaudited Financial Statements

for the Period 9 February 2022 to 28 February 2023

for

Forensic About Business Outsourced
Solutions Ltd

Forensic About Business Outsourced
Solutions Ltd (Registered number: 13902903)






Contents of the Financial Statements
for the Period 9 February 2022 to 28 February 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Forensic About Business Outsourced
Solutions Ltd

Company Information
for the Period 9 February 2022 to 28 February 2023







DIRECTOR: G S Gormley





REGISTERED OFFICE: M.01 Tomorrow
Blue
Mediacityuk
United Kingdom
M50 2AB





REGISTERED NUMBER: 13902903 (England and Wales)





ACCOUNTANTS: Summit Accountants Limited
M.01 Tomorrow
MediaCityUK
Salford
Greater Manchester
M50 2AB

Forensic About Business Outsourced
Solutions Ltd (Registered number: 13902903)

Statement of Financial Position
28 February 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 2,534

CURRENT ASSETS
Debtors 5 54,034
Cash at bank 702
54,736
CREDITORS
Amounts falling due within one year 6 63,525
NET CURRENT LIABILITIES (8,789 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,255

)

PROVISIONS FOR LIABILITIES 482
NET LIABILITIES (6,737 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (6,837 )
(6,737 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 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.

Forensic About Business Outsourced
Solutions Ltd (Registered number: 13902903)

Statement of Financial Position - continued
28 February 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 October 2023 and were signed by:





G S Gormley - Director


Forensic About Business Outsourced
Solutions Ltd (Registered number: 13902903)

Notes to the Financial Statements
for the Period 9 February 2022 to 28 February 2023

1. STATUTORY INFORMATION

Forensic About Business Outsourced Solutions Ltd 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. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover is recognised when, and to the extent that, the company obtains the right to consideration. The point of recognition is after the service has been performed, when the risk and rewards associated with the goods/services have been transferred or in accordance with contractual terms.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Forensic About Business Outsourced
Solutions Ltd (Registered number: 13902903)

Notes to the Financial Statements - continued
for the Period 9 February 2022 to 28 February 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 3,168
At 28 February 2023 3,168
DEPRECIATION
Charge for period 634
At 28 February 2023 634
NET BOOK VALUE
At 28 February 2023 2,534

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 48,732
Other debtors 5,302
54,034

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 3,872
Amounts owed to associates 43,981
Taxation and social security 3,721
Other creditors 11,951
63,525

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 28 February 2023 £11,952 was owed to Director 1 from the Company.

No formal repayment terms have been agreed

Forensic About Business Outsourced
Solutions Ltd (Registered number: 13902903)

Notes to the Financial Statements - continued
for the Period 9 February 2022 to 28 February 2023

8. RELATED PARTY DISCLOSURES

Mr G Gormley, a director of the company, is also a director and shareholder in Forensic About Business Solutions Ltd.

The company has made / (received) loans to / (from) these entities, all of which were interest free and repayable on demand.

At the balance sheet date, the following balances were due from / (to) the following related parties :-

- Forensic About Business Solutions Ltd 2023 : (£43,981)