Company Registration No. 07342460 (England and Wales)
Fonebox Limited
Unaudited accounts
for the year ended 30 September 2023
Fonebox Limited
Unaudited accounts
Contents
Fonebox Limited
Company Information
for the year ended 30 September 2023
Company Number
07342460 (England and Wales)
Registered Office
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Fonebox Limited for the year ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Fonebox Limited for the year ended
30 September 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Fonebox Limited, as a body, in accordance with the terms of our engagement letter dated 3 August 2016. Our work has been undertaken solely to prepare for your approval the accounts of Fonebox Limited and state those matters that we have agreed to state to the Board of Directors of Fonebox Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fonebox Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Fonebox Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Fonebox Limited. You consider that Fonebox Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Fonebox Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brindley Goldstein Ltd
Chartered Accountants
103 High Street
Waltham Cross
EN8 7AN
7 March 2024
Fonebox Limited
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
3,729
2,093
Creditors: amounts falling due within one year
(3,438)
(6,052)
Net current assets/(liabilities)
2,131
(1,844)
Total assets less current liabilities
2,526
(1,153)
Creditors: amounts falling due after more than one year
(3,518)
(5,609)
Net liabilities
(992)
(6,762)
Called up share capital
100
100
Profit and loss account
(1,092)
(6,862)
Shareholders' funds
(992)
(6,762)
For the year ending 30 September 2023 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.
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 7 March 2024 and were signed on its behalf by
Mr F. Guacci
Director
Company Registration No. 07342460
Fonebox Limited
Notes to the Accounts
for the year ended 30 September 2023
Fonebox Limited is a private company, limited by shares, registered in England and Wales, registration number 07342460. The registered office is Brindley Goldstein Ltd, 103 High Street, Waltham Cross, EN8 7AN.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Computer equipment
33 1/3% straight line
The director, having considered the net liability position of the company and made due enquiries, continues to adopt the going concern basis in preparing the financial statements as he will support the company and believes the company will continue in operation for the foreseeable future.
4
Tangible fixed assets
Computer equipment
Fonebox Limited
Notes to the Accounts
for the year ended 30 September 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,966
1,841
Taxes and social security
196
885
Loans from directors
467
279
6
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
The company was under the control of Mr F. Guacci throughout the current year. Mr F. Guacci is
personally interested in 100% of the company's share capital.
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).