4 false false false false false false false false false true false false false false false false No description of principal activity 2022-06-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP SC284687 2022-06-01 2023-05-31 SC284687 2023-05-31 SC284687 2021-06-01 2022-05-31 SC284687 2022-05-31 SC284687 bus:Director1 2022-06-01 2023-05-31 SC284687 core:WithinOneYear 2023-05-31 SC284687 core:WithinOneYear 2022-05-31 SC284687 core:RestatedAmount 2022-05-31 SC284687 bus:Micro-entities 2022-06-01 2023-05-31 SC284687 bus:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 SC284687 bus:FullAccounts 2022-06-01 2023-05-31 SC284687 bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 SC284687 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31
COMPANY REGISTRATION NUMBER: SC284687
Functional Business Solutions Ltd
Filleted Unaudited Financial Statements
31 May 2023
Functional Business Solutions Ltd
Statement of Financial Position
31 May 2023
2023
2022
£
£
£
Fixed assets
87,387
94,228
--------
--------
Current assets
109,492
89,605
Creditors: amounts falling due within one year
35,921
11,852
---------
--------
Net current assets
73,571
77,753
---------
---------
Total assets less current liabilities
160,958
171,981
Accruals and deferred income
10,760
938
---------
---------
150,198
171,043
---------
---------
Capital and reserves
150,198
171,043
---------
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2022: 4 ).
2. Director's advances, credits and guarantees
During prior years the company advanced funds to the director, Mr T Canning. The balance outstanding at 31 May 2023 was £39,444 ( 2022 - £54,794)
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 20 November 2023 , and are signed on behalf of the board by:
Mr T P Canning
Director
Company registration number: SC284687
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 18 Nicholson Street, Greenock, Renfrewshire, PA15 1JU.