IRIS Accounts Production v23.1.0.753 07146727 director 1.3.22 28.2.23 28.2.23 false true false false true false ORDINARY 1.00000 B Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure071467272022-02-28071467272023-02-28071467272022-03-012023-02-28071467272021-02-28071467272021-03-012022-02-28071467272022-02-2807146727ns15:EnglandWales2022-03-012023-02-2807146727ns14:PoundSterling2022-03-012023-02-2807146727ns10:Director12022-03-012023-02-2807146727ns10:PrivateLimitedCompanyLtd2022-03-012023-02-2807146727ns10:SmallEntities2022-03-012023-02-2807146727ns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2807146727ns10:SmallCompaniesRegimeForAccounts2022-03-012023-02-2807146727ns10:FullAccounts2022-03-012023-02-2807146727ns10:OrdinaryShareClass12022-03-012023-02-2807146727ns10:OrdinaryShareClass22022-03-012023-02-2807146727ns10:RegisteredOffice2022-03-012023-02-2807146727ns5:CurrentFinancialInstruments2023-02-2807146727ns5:CurrentFinancialInstruments2022-02-2807146727ns5:ShareCapital2023-02-2807146727ns5:ShareCapital2022-02-2807146727ns5:RetainedEarningsAccumulatedLosses2023-02-2807146727ns5:RetainedEarningsAccumulatedLosses2022-02-2807146727ns5:ComputerEquipment2022-03-012023-02-2807146727ns5:ComputerEquipment2022-02-2807146727ns5:ComputerEquipment2023-02-2807146727ns5:ComputerEquipment2022-02-2807146727ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2807146727ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2807146727ns10:OrdinaryShareClass12023-02-2807146727ns10:OrdinaryShareClass22023-02-28
REGISTERED NUMBER: 07146727 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

FSE GLOBAL UK LIMITED

FSE GLOBAL UK LIMITED (REGISTERED NUMBER: 07146727)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


FSE GLOBAL UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: J A Schrire





REGISTERED OFFICE: 31 Coningsby Road
London
W5 4HP





REGISTERED NUMBER: 07146727 (England and Wales)





ACCOUNTANTS: Barber & Company
A trading name of PCM Accounting Limited
2 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

FSE GLOBAL UK LIMITED (REGISTERED NUMBER: 07146727)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 330 254

CURRENT ASSETS
Debtors 5 3,163 6,239
Cash at bank 85,169 98,863
88,332 105,102
CREDITORS
Amounts falling due within one year 6 4,534 8,475
NET CURRENT ASSETS 83,798 96,627
TOTAL ASSETS LESS CURRENT
LIABILITIES

84,128

96,881

PROVISIONS FOR LIABILITIES 63 48
NET ASSETS 84,065 96,833

CAPITAL AND RESERVES
Called up share capital 7 1,010 1,010
Retained earnings 83,055 95,823
SHAREHOLDERS' FUNDS 84,065 96,833

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

FSE GLOBAL UK LIMITED (REGISTERED NUMBER: 07146727)

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 November 2023 and were signed by:





J A Schrire - Director


FSE GLOBAL UK LIMITED (REGISTERED NUMBER: 07146727)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

FSE Global UK 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

FSE GLOBAL UK LIMITED (REGISTERED NUMBER: 07146727)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 March 2022 625
Additions 158
At 28 February 2023 783
DEPRECIATION
At 1 March 2022 371
Charge for year 82
At 28 February 2023 453
NET BOOK VALUE
At 28 February 2023 330
At 28 February 2022 254

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors - 3,300
Other debtors 3,163 2,939
3,163 6,239

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Social security and other taxes - 1,581
Other creditors 14 873
Directors' current accounts 3,720 3,771
Accruals and deferred income 800 2,250
4,534 8,475

7. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
1,000 ORDINARY £1 1,000 1,000
10 B Ordinary £1 10 10
1,010 1,010

FSE GLOBAL UK LIMITED (REGISTERED NUMBER: 07146727)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

8. RELATED PARTY DISCLOSURES

During the year under review the company was under the control of Mr J A Schrire, its Managing Director and owner of the Company's entire issued Equity Share Capital.