Registered number
10841748
FXLIFESTYLE LTD
Filleted Accounts
30 June 2023
FXLIFESTYLE LTD
Registered number: 10841748
Balance Sheet
as at 30 June 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 766 -
Current assets
Investments held as current assets 4 19,498 19,498
Cash at bank and in hand 346,502 315,193
366,000 334,691
Creditors: amounts falling due within one year 5 (98,907) (44,587)
Net current assets 267,093 290,104
Net assets 267,859 290,104
Capital and reserves
Called up share capital 2 2
Profit and loss account 267,857 290,102
Shareholder's funds 267,859 290,104
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
SAMIR MOHAMMED TAHIRI
Director
Approved by the board on 27 October 2023
FXLIFESTYLE LTD
Notes to the Accounts
for the year ended 30 June 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 5 years
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Fixtures, fittings, tools and equipment
£
Cost
At 1 July 2022 2,360
Additions 958
At 30 June 2023 3,318
Depreciation
At 1 July 2022 2,360
Charge for the year 192
At 30 June 2023 2,552
Net book value
At 30 June 2023 766
4 Investments held as current assets 2023 2022
£ £
Fair value
Listed investments 19,498 19,498
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 8,547 1,725
Other creditors 90,360 42,862
98,907 44,587
6 Other information
FXLIFESTYLE LTD is a private company limited by shares and incorporated in England. Its registered office is:
124 City Road
London
EC1V 2NX
FXLIFESTYLE LTD 10841748 false 2022-07-01 2023-06-30 2023-06-30 VT Final Accounts October 2023 release 2 SAMIR MOHAMMED TAHIRI No description of principal activity 10841748 2021-07-01 2022-06-30 10841748 core:WithinOneYear 2022-06-30 10841748 core:ShareCapital 2022-06-30 10841748 core:RetainedEarningsAccumulatedLosses 2022-06-30 10841748 2022-07-01 2023-06-30 10841748 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 10841748 bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 10841748 bus:Director40 2022-07-01 2023-06-30 10841748 core:PlantMachinery 2022-07-01 2023-06-30 10841748 countries:England 2022-07-01 2023-06-30 10841748 bus:FRS102 2022-07-01 2023-06-30 10841748 bus:FullAccounts 2022-07-01 2023-06-30 10841748 2023-06-30 10841748 core:WithinOneYear 2023-06-30 10841748 core:ShareCapital 2023-06-30 10841748 core:RetainedEarningsAccumulatedLosses 2023-06-30 10841748 core:PlantMachinery 2023-06-30 10841748 2022-06-30 10841748 core:PlantMachinery 2022-06-30 iso4217:GBP xbrli:pure