FORTRON INTERNATIONAL LIMITED

Company Registration Number:
03446247 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 1 July 2022

End date: 30 June 2023

FORTRON INTERNATIONAL LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

FORTRON INTERNATIONAL LIMITED

Directors' report period ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Principal activities of the company

SUPPLY OF AUTOMOTIVE PRODUCTS



Directors

The directors shown below have held office during the whole of the period from
1 July 2022 to 30 June 2023

IVAN HOFFMAN
DIANE HOFFMAN
DAMIEN HOFFMAN
BRECK HOFFMAN
MICHAEL CSORDAS
TRACEY WYATT


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
7 February 2024

And signed on behalf of the board by:
Name: DAMIEN HOFFMAN
Status: Director

FORTRON INTERNATIONAL LIMITED

Profit And Loss Account

for the Period Ended 30 June 2023

2023 2022


£

£
Turnover: 679,301 957,243
Cost of sales: ( 342,423 ) ( 484,892 )
Gross profit(or loss): 336,878 472,351
Administrative expenses: ( 416,594 ) ( 467,084 )
Operating profit(or loss): (79,716) 5,267
Interest receivable and similar income: 15,907 19,182
Interest payable and similar charges: ( 19 ) 0
Profit(or loss) before tax: (63,828) 24,449
Profit(or loss) for the financial year: (63,828) 24,449

FORTRON INTERNATIONAL LIMITED

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets: 3 5,244 8,244
Tangible assets: 4 21,287 27,347
Total fixed assets: 26,531 35,591
Current assets
Stocks: 5 157,916 113,190
Debtors: 6 963,802 1,169,379
Cash at bank and in hand: 76,088 24,288
Total current assets: 1,197,806 1,306,857
Prepayments and accrued income: 7,875 7,875
Creditors: amounts falling due within one year: 7 ( 172,272 ) ( 226,487 )
Net current assets (liabilities): 1,033,409 1,088,245
Total assets less current liabilities: 1,059,940 1,123,836
Total net assets (liabilities): 1,059,940 1,123,836
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 1,059,938 1,123,834
Total Shareholders' funds: 1,059,940 1,123,836

The notes form part of these financial statements

FORTRON INTERNATIONAL LIMITED

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 7 February 2024
and signed on behalf of the board by:

Name: DAMIEN HOFFMAN
Status: Director

The notes form part of these financial statements

FORTRON INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FORTRON INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 5

FORTRON INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 July 2022 30,000 8,777 38,777
Additions
Disposals
Revaluations
Transfers
At 30 June 2023 30,000 8,777 38,777
Amortisation
At 1 July 2022 21,756 8,777 30,533
Charge for year 3,000 3,000
On disposals
Other adjustments
At 30 June 2023 24,756 8,777 33,533
Net book value
At 30 June 2023 5,244 0 5,244
At 30 June 2022 8,244 0 8,244

FORTRON INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2022 41,990 25,162 67,152
Additions
Disposals
Revaluations
Transfers
At 30 June 2023 41,990 25,162 67,152
Depreciation
At 1 July 2022 15,103 24,702 39,805
Charge for year 5,600 460 6,060
On disposals
Other adjustments
At 30 June 2023 20,703 25,162 45,865
Net book value
At 30 June 2023 21,287 0 21,287
At 30 June 2022 26,887 460 27,347

FORTRON INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Stocks

2023 2022
£ £
Stocks 157,916 113,190
Total 157,916 113,190

FORTRON INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Debtors

2023 2022
£ £
Trade debtors 129,449 370,635
Prepayments and accrued income 23,119 20,506
Other debtors 811,234 778,238
Total 963,802 1,169,379

FORTRON INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

7. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 136,179 215,928
Other creditors 36,093 10,559
Total 172,272 226,487