Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalse2022-07-01No description of principal activity11false 05284006 2022-07-01 2023-06-30 05284006 2021-07-01 2022-06-30 05284006 2023-06-30 05284006 2022-06-30 05284006 c:Director1 2022-07-01 2023-06-30 05284006 d:CurrentFinancialInstruments 2023-06-30 05284006 d:CurrentFinancialInstruments 2022-06-30 05284006 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 05284006 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 05284006 d:ShareCapital 2023-06-30 05284006 d:ShareCapital 2022-06-30 05284006 d:RetainedEarningsAccumulatedLosses 2023-06-30 05284006 d:RetainedEarningsAccumulatedLosses 2022-06-30 05284006 c:OrdinaryShareClass1 2022-07-01 2023-06-30 05284006 c:OrdinaryShareClass1 2023-06-30 05284006 c:OrdinaryShareClass1 2022-06-30 05284006 c:FRS102 2022-07-01 2023-06-30 05284006 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 05284006 c:FullAccounts 2022-07-01 2023-06-30 05284006 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 05284006 2 2022-07-01 2023-06-30 05284006 6 2022-07-01 2023-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05284006










FORTEXIA SERVICES LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
FORTEXIA SERVICES LIMITED
REGISTERED NUMBER: 05284006

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
100
100

  
100
100

Current assets
  

Debtors: amounts falling due within one year
 5 
67,198
68,398

Cash at bank and in hand
  
1,182
2,283

  
68,380
70,681

Creditors: amounts falling due within one year
 6 
(4,054)
(4,054)

Net current assets
  
 
 
64,326
 
 
66,627

Total assets less current liabilities
  
64,426
66,727

  

Net assets
  
64,426
66,727


Capital and reserves
  

Called up share capital 
 7 
1,000
1,000

Profit and loss account
  
63,426
65,727

  
64,426
66,727


Page 1

 
FORTEXIA SERVICES LIMITED
REGISTERED NUMBER: 05284006
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and 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 director acknowledges his 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 13 February 2024.




S A Eungblut
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
FORTEXIA SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Fortexia Services Limited  is a company domiciled in England and Wales, registration number 05284006. The registered office is Unit 8 Manor Courtyard, Aston Sandford, Aylesbury, Buckinghamshire, HP17 8JB.

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.

The following principal accounting policies have been applied:

 
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

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
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 reporting date in the countries where the Company operates and generates income.

Page 3

 
FORTEXIA SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

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.

 
2.8

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.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

 
2.10

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

 
FORTEXIA SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

4.


Fixed asset investments





Investments in subsidiary company

£



Cost or valuation


At 1 July 2022
100



At 30 June 2023
100





5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
67,198
68,398

67,198
68,398



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Accruals and deferred income
4,054
4,054

4,054
4,054


Page 5

 
FORTEXIA SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1,000 (2022 - 1,000) Ordinary shares of £1.00 each
1,000
1,000



8.


Related party transactions

The balance due from the subsidiary at the year end was £67,198 (2022: £68,398) and is included in debtors.

 
Page 6