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REGISTERED NUMBER: 03659903 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

FOCUSED TECHNOLOGY LIMITED

FOCUSED TECHNOLOGY LIMITED (REGISTERED NUMBER: 03659903)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 January 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


FOCUSED TECHNOLOGY LIMITED

Company Information
FOR THE YEAR ENDED 31 January 2024







DIRECTOR: Mr J Bougas





REGISTERED OFFICE: 4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP





REGISTERED NUMBER: 03659903 (England and Wales)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

FOCUSED TECHNOLOGY LIMITED (REGISTERED NUMBER: 03659903)

Abridged Balance Sheet
31 January 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 15,840 15,301
Cash at bank 66,415 74,223
82,255 89,524
CREDITORS
Amounts falling due within one year (13,803 ) (17,538 )
NET CURRENT ASSETS 68,452 71,986
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,452

71,986

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 68,450 71,984
SHAREHOLDERS' FUNDS 68,452 71,986

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 March 2024 and were signed by:





Mr J Bougas - Director


FOCUSED TECHNOLOGY LIMITED (REGISTERED NUMBER: 03659903)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 January 2024


1. STATUTORY INFORMATION

Focused Technology 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.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Computer equipment - 33% on cost

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023
and 31 January 2024 2,723
DEPRECIATION
At 1 February 2023
and 31 January 2024 2,723
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

FOCUSED TECHNOLOGY LIMITED (REGISTERED NUMBER: 03659903)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 January 2024


6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

7. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £41,999.96 (2023 - £56000).

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
Mr J Bougas
Balance outstanding at start of year (78 ) (156 )
Amounts advanced 14,589 14,531
Amounts repaid (14,589 ) (14,453 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (78 ) (78 )

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J Bougas.