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
FIALO UTILITIES LTD
Company Information
for the year ended 31 January 2024
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
FIALO UTILITIES LTD
Statement of financial position
as at 31 January 2024
Tangible assets
5,816
8,755
Cash at bank and in hand
32,232
6,536
Creditors: amounts falling due within one year
(433,753)
(276,992)
Net current assets
197,411
187,754
Net assets
203,227
196,509
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
FIALO UTILITIES LTD
Notes to the Accounts
for the year ended 31 January 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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).