Company Registration No. 09515634 (England and Wales)
Fiduciam Ltd
Unaudited accounts
for the year ended 31 March 2023
Fiduciam Ltd
Unaudited accounts
Contents
Fiduciam Ltd
Company Information
for the year ended 31 March 2023
Director
Dr Sonya Wallbank
Company Number
09515634 (England and Wales)
Registered Office
68 Yardley Road
Acocks Green
Birmingham
B27 6LG
Accountants
Integritax Accountants Ltd
68 Yardley Road
Acocks Green
Birmingham
B27 6LG
Fiduciam Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
3,436
4,582
Cash at bank and in hand
1,095
970
Creditors: amounts falling due within one year
(1,421)
(1,286)
Net current assets
33,272
37,684
Total assets less current liabilities
36,708
42,266
Creditors: amounts falling due after more than one year
(34,212)
(38,000)
Provisions for liabilities
Other provisions
(742)
(742)
Called up share capital
100
100
Profit and loss account
1,654
3,424
Shareholders' funds
1,754
3,524
For the year ending 31 March 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 6 March 2024 and were signed on its behalf by
Dr Sonya Wallbank
Director
Company Registration No. 09515634
Fiduciam Ltd
Notes to the Accounts
for the year ended 31 March 2023
Fiduciam Ltd is a private company, limited by shares, registered in England and Wales, registration number 09515634. The registered office is 68 Yardley Road, Acocks Green, Birmingham, B27 6LG.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
25% on reducing balance
Computer equipment
33% on cost
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
14,741
3,154
17,895
At 31 March 2023
14,741
3,154
17,895
At 1 April 2022
10,159
3,154
13,313
Charge for the year
1,146
-
1,146
At 31 March 2023
11,305
3,154
14,459
At 31 March 2023
3,436
-
3,436
At 31 March 2022
4,582
-
4,582
Fiduciam Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
33,598
38,000
6
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
311
311
Taxes and social security
32
32
Loans from directors
165
920
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).