IRIS Accounts Production v23.3.1.45 12107115 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false true false Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh121071152022-06-30121071152023-06-30121071152022-07-012023-06-30121071152021-06-30121071152021-07-012022-06-30121071152022-06-3012107115ns10:Originalns15:EnglandWales2022-07-012023-06-3012107115ns14:PoundSterlingns10:Original2022-07-012023-06-3012107115ns10:Originalns10:Director12022-07-012023-06-3012107115ns10:Original2022-07-012023-06-3012107115ns10:Original2023-06-3012107115ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3012107115ns10:Originalns10:SmallEntities2022-07-012023-06-3012107115ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3012107115ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3012107115ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3012107115ns10:Originalns10:FullAccounts2022-07-012023-06-3012107115ns10:Originalns10:OrdinaryShareClass12022-07-012023-06-3012107115ns10:Originalns10:Director22022-07-012023-06-3012107115ns10:Originalns10:Director32022-07-012023-06-3012107115ns10:Originalns10:Director42022-07-012023-06-3012107115ns10:Originalns10:Director52022-07-012023-06-3012107115ns10:Originalns10:Director62022-07-012023-06-3012107115ns10:Originalns10:RegisteredOffice2022-07-012023-06-3012107115ns10:Original2022-06-3012107115ns10:Originalns5:CurrentFinancialInstruments2023-06-3012107115ns10:Originalns5:CurrentFinancialInstruments2022-06-3012107115ns10:Originalns5:Non-currentFinancialInstruments2023-06-3012107115ns10:Originalns5:Non-currentFinancialInstruments2022-06-3012107115ns5:ShareCapitalns10:Original2023-06-3012107115ns5:ShareCapitalns10:Original2022-06-3012107115ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3012107115ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3012107115ns10:Originalns5:FurnitureFittings2022-07-012023-06-3012107115ns10:Originalns5:ComputerEquipment2022-07-012023-06-3012107115ns10:Original2021-07-012022-06-3012107115ns10:Originalns5:FurnitureFittings2022-06-3012107115ns10:Originalns5:ComputerEquipment2022-06-3012107115ns10:Original2022-06-3012107115ns10:Originalns5:FurnitureFittings2023-06-3012107115ns10:Originalns5:ComputerEquipment2023-06-3012107115ns10:Originalns5:FurnitureFittings2022-06-3012107115ns10:Originalns5:ComputerEquipment2022-06-3012107115ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3012107115ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3012107115ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-06-3012107115ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-06-3012107115ns10:Originalns10:OrdinaryShareClass12023-06-30
REGISTERED NUMBER: 12107115 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 30 June 2023

for

FCS Software Solutions Limited

FCS Software Solutions Limited (Registered number: 12107115)






Contents of the Financial Statements
for the year ended 30 June 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


FCS Software Solutions Limited

Company Information
for the year ended 30 June 2023







DIRECTORS: Mr M B Fay
Mr K E Williams
Mr S Beeching
Mr C P Clarkson
Mr J N Doig
Mr J Kirby





REGISTERED OFFICE: Wood Lane
Erdington
Birmingham
West Midlands
B24 9QL





REGISTERED NUMBER: 12107115 (England and Wales)





ACCOUNTANTS: Clifford Roberts
Chartered Accountants
Pacioli House
9 Brookfield
Duncan Close
Northampton
Northamptonshire
NN3 6WL

FCS Software Solutions Limited (Registered number: 12107115)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,214 5,475

CURRENT ASSETS
Debtors 5 7,655 8,586
Cash at bank 529,283 12,422
536,938 21,008
CREDITORS
Amounts falling due within one year 6 151,873 54,811
NET CURRENT ASSETS/(LIABILITIES) 385,065 (33,803 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

392,279

(28,328

)

CREDITORS
Amounts falling due after more than one
year

7

727,980

710,800
NET LIABILITIES (335,701 ) (739,128 )

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings (336,701 ) (740,128 )
SHAREHOLDERS' FUNDS (335,701 ) (739,128 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FCS Software Solutions Limited (Registered number: 12107115)

Balance Sheet - continued
30 June 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 January 2024 and were signed on its behalf by:





Mr S Beeching - Director


FCS Software Solutions Limited (Registered number: 12107115)

Notes to the Financial Statements
for the year ended 30 June 2023

1. STATUTORY INFORMATION

FCS Software Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements presented in Sterling (£) and prepared to 30th June each year.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

FCS Software Solutions Limited (Registered number: 12107115)

Notes to the Financial Statements - continued
for the year ended 30 June 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method unless the effect of discounting would be immaterial, in which case they are stated at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2022 4,614 13,870 18,484
Additions 200 6,582 6,782
Disposals - (1,333 ) (1,333 )
At 30 June 2023 4,814 19,119 23,933
DEPRECIATION
At 1 July 2022 2,456 10,553 13,009
Charge for year 936 2,774 3,710
At 30 June 2023 3,392 13,327 16,719
NET BOOK VALUE
At 30 June 2023 1,422 5,792 7,214
At 30 June 2022 2,158 3,317 5,475

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 7,655 8,586

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 10,840 10,086
Taxation and social security 103,165 12,357
Other creditors 37,868 32,368
151,873 54,811

FCS Software Solutions Limited (Registered number: 12107115)

Notes to the Financial Statements - continued
for the year ended 30 June 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 727,980 710,800

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 727,980 710,800

8. FINANCIAL RISK MANAGEMENT

The company does not have exposure to foreign currency or credit risks, but does have some exposure to liquidity risks. These risks are limited by the company's financial management policies and practices described below.

Liquidity risk

The directors have ultimate responsibility for liquidity risk management in maintaining adequate reserves, banking and borrowing facilities. The directors manage liquidity between related party borrowings.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary Shares £1 1,000 1,000

10. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £728,000 (2022 - £710,800) to the persons with significant control. The loans were not interest bearing, the amounts were repayable on demand, although not at the detriment to the company.