Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28true2022-03-01trueConsultancy11true 09218349 2022-03-01 2023-02-28 09218349 2020-10-01 2022-02-28 09218349 2023-02-28 09218349 2022-02-28 09218349 c:Director1 2022-03-01 2023-02-28 09218349 d:CurrentFinancialInstruments 2023-02-28 09218349 d:CurrentFinancialInstruments 2022-02-28 09218349 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 09218349 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 09218349 d:ShareCapital 2023-02-28 09218349 d:ShareCapital 2022-02-28 09218349 d:RetainedEarningsAccumulatedLosses 2023-02-28 09218349 d:RetainedEarningsAccumulatedLosses 2022-02-28 09218349 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-02-28 09218349 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-02-28 09218349 c:EntityHasNeverTraded 2022-03-01 2023-02-28 09218349 c:FRS102 2022-03-01 2023-02-28 09218349 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 09218349 c:FullAccounts 2022-03-01 2023-02-28 09218349 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 09218349









FIG BUSINESS SOLUTIONS LTD.







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
FIG BUSINESS SOLUTIONS LTD.
REGISTERED NUMBER: 09218349

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
12,660
14,227

Cash at bank and in hand
 5 
-
377

  
12,660
14,604

Creditors: amounts falling due within one year
 6 
(12,584)
(13,604)

Net current assets
  
 
 
76
 
 
1,000

Total assets less current liabilities
  
76
1,000

  

Net assets
  
76
1,000


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
(924)
-

  
76
1,000


Page 1

 
FIG BUSINESS SOLUTIONS LTD.
REGISTERED NUMBER: 09218349
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023

For the year ended 28 February 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 November 2023.





................................................
Ashley Burton Bird
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
FIG BUSINESS SOLUTIONS LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Fig Business Solutions Ltd is a private company, limited by share capital, incorporated in England. The company is dormant and did not trade during the year.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to the Statement of income and retained earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3

 
FIG BUSINESS SOLUTIONS LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
FIG BUSINESS SOLUTIONS LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Debtors

2023
2022
£
£


Other debtors
12,660
14,227

12,660
14,227



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
-
377

-
377



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
10,904
10,430

Other taxation and social security
-
2,040

Accruals and deferred income
1,680
1,134

12,584
13,604



7.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
-
377




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.


8.


Controlling party

The Company is controlled by the director, Mr A Bird, by virtue of his shareholding as described in the directors' report.

 
Page 5