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REGISTERED NUMBER: 07531804 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

FBA (UK) LTD

FBA (UK) LTD (Registered number: 07531804)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

FBA (UK) LTD

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Mr Kazi Md Aminul Islam
Mrs Faizun Nesa





REGISTERED OFFICE: 214 Whitechapel Road
2nd Floor
London
E1 1BJ





REGISTERED NUMBER: 07531804 (England and Wales)





ACCOUNTANTS: Chris Pantazis Ltd T/A CPS & Co
Chartered Accountants
10A Aldermans Hill
Palmers Green
London
N13 4PJ

FBA (UK) LTD (Registered number: 07531804)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,682,251 1,174,796

CURRENT ASSETS
Debtors 5 23,600 1,775
Cash at bank 878,440 858,674
902,040 860,449
CREDITORS
Amounts falling due within one year 6 501,190 479,739
NET CURRENT ASSETS 400,850 380,710
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,083,101

1,555,506

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 8 2,083,099 1,555,504
SHAREHOLDERS' FUNDS 2,083,101 1,555,506

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by:





Mr Kazi Md Aminul Islam - Director


FBA (UK) LTD (Registered number: 07531804)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

FBA (UK) 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.

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
Turnover 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.
Fixtures and fittings - 20% on cost
Computer equipment - 25% on cost

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2022 - 12 ) .

FBA (UK) LTD (Registered number: 07531804)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 March 2022 1,162,097 15,408 10,504 1,188,009
Additions 510,031 - 189 510,220
At 28 February 2023 1,672,128 15,408 10,693 1,698,229
DEPRECIATION
At 1 March 2022 - 6,272 6,941 13,213
Charge for year - 1,827 938 2,765
At 28 February 2023 - 8,099 7,879 15,978
NET BOOK VALUE
At 28 February 2023 1,672,128 7,309 2,814 1,682,251
At 28 February 2022 1,162,097 9,136 3,563 1,174,796

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 20,000 -
Prepayments and accrued income 3,600 1,775
23,600 1,775

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Tax 140,529 127,180
Social security and other taxes 3,692 4,550
Proposed dividends 70,000 65,000
Other creditors 30,806 9,800
Directors' current accounts 69,301 119,322
Accrued expenses 186,862 153,887
501,190 479,739

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
2 Ordinary £1.00 2 2

FBA (UK) LTD (Registered number: 07531804)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. RESERVES
Retained
earnings
£   

At 1 March 2022 1,555,504
Profit for the year 597,595
Dividends (70,000 )
At 28 February 2023 2,083,099

FBA (UK) LTD

Report of the Accountants to the Directors of
FBA (UK) LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Chris Pantazis Ltd T/A CPS & Co
Chartered Accountants
10A Aldermans Hill
Palmers Green
London
N13 4PJ


23 November 2023