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Company Registration No. 12418713 (England and Wales)
FIALO UTILITIES LTD Unaudited accounts for the year ended 31 January 2024
FIALO UTILITIES LTD Unaudited accounts Contents
Page
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FIALO UTILITIES LTD Company Information for the year ended 31 January 2024
Director
C NEUMANN
Company Number
12418713 (England and Wales)
Registered Office
FLAT 5 HIGHFIELD COURT HIGHFIELD ROAD LONDON NW11 9LT UNITED KINGDOM
Accountants
Finer Accounting Ltd 36 Ravensdale Road London N16 6SH
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FIALO UTILITIES LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,816 
8,755 
Current assets
Debtors
598,932 
458,210 
Cash at bank and in hand
32,232 
6,536 
631,164 
464,746 
Creditors: amounts falling due within one year
(433,753)
(276,992)
Net current assets
197,411 
187,754 
Net assets
203,227 
196,509 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
203,226 
196,508 
Shareholders' funds
203,227 
196,509 
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 February 2024 and were signed on its behalf by
C NEUMANN Director Company Registration No. 12418713
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FIALO UTILITIES LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
FIALO UTILITIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12418713. The registered office is FLAT 5 HIGHFIELD COURT, HIGHFIELD ROAD, LONDON, NW11 9LT, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 January 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
35% Reduced
Computer equipment
25% Reduced
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 February 2023
9,174 
At 31 January 2024
9,174 
Depreciation
At 1 February 2023
419 
Charge for the year
2,939 
At 31 January 2024
3,358 
Net book value
At 31 January 2024
5,816 
At 31 January 2023
8,755 
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FIALO UTILITIES LTD Notes to the Accounts for the year ended 31 January 2024
5
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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